Civil Servants: Workplace Pensions
The question
To ask the Minister for the Cabinet Office, what information his Department holds on the profit margin obtained by MyCSP in each year of their administration of the Civil Service Pension Scheme contract.
Answered by Anna Turley
MyCSP is required to provide updates on profit as part of the gainshare provisions within the contract. MyCSP continues to provide this to the Cabinet Office on a six monthly basis. This information is financially sensitive and is not currently reported in the public domain.
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