{"id":405538,"date":"2026-04-22T18:29:17","date_gmt":"2026-04-22T18:29:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/405538\/"},"modified":"2026-04-22T18:29:17","modified_gmt":"2026-04-22T18:29:17","slug":"government-terminates-royal-mail-statutory-pension-scheme-contract-with-capita","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/405538\/","title":{"rendered":"Government terminates Royal Mail Statutory Pension Scheme contract with Capita"},"content":{"rendered":"<p>In a <a href=\"https:\/\/parliamentlive.tv\/event\/index\/8769dca6-0ff3-4000-81bb-29add0385ad9?in=13:19:29\" rel=\"nofollow noopener\" target=\"_blank\">ministerial statement in parliament today<\/a> (22 April), paymaster general and Cabinet Office minister Nick Thomas-Symonds said this comes &#8220;following a failure to meet critical transition milestones and a lack of confidence in Capita&#8217;s ability to implement and transition to the new operating model in a timely fashion&#8221;.<\/p>\n<p>Capita has administered the Royal Mail Statutory Pension Scheme since 2017 and the contract was renewed in 2024 for six years starting in 2026.<\/p>\n<p>Thomas-Symonds said Capita had an 18-month planning window to prepare for the transition and &#8220;failed to deliver numerous milestones including a failure to implement the required IT automation&#8221;.<\/p>\n<p>He noted the Cabinet Office &#8220;repeatedly flagged delays in transition milestones, ultimately issuing formal correspondence to reaffirm the mandatory requirements to ensure members are protected&#8221;.<\/p>\n<p>Speaking in the House of Commons, Thomas-Symonds said the government will &#8220;ensure continuity of the existing contract&#8221;, but warned: &#8220;Let the message be clear \u2013 we will not tolerate delivery failure from contracted partners.&#8221;<\/p>\n<p>He added: &#8220;Public services require high quality delivery and public money should not be used to fund performance that falls short of standards we expect.&#8221;<\/p>\n<p class=\"MsoNormal\">Professional Pensions has asked Capita for comment<\/p>\n","protected":false},"excerpt":{"rendered":"In a ministerial statement in parliament today (22 April), paymaster general and Cabinet Office minister Nick Thomas-Symonds said&hellip;\n","protected":false},"author":2,"featured_media":405539,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,187242,268,74209,85,46,77697,266,267],"class_list":{"0":"post-405538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-capita","10":"tag-finance","11":"tag-house-of-commons","12":"tag-il","13":"tag-israel","14":"tag-nick-thomas-symonds","15":"tag-personal-finance","16":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/405538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=405538"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/405538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/405539"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=405538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=405538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=405538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}