Updated
Updated · HeraldScotland · Jul 18
Capita Delays Push 18,425 UK Retirees Into Lump Sums as Government Withholds £9.9 Million
Updated
Updated · HeraldScotland · Jul 18

Capita Delays Push 18,425 UK Retirees Into Lump Sums as Government Withholds £9.9 Million

1 articles · Updated · HeraldScotland · Jul 18

Summary

  • 18,425 retired civil servants were paid lump sums instead of monthly pensions after months of disruption in the UK civil service scheme, with another 5,700 still waiting for pension quotations.
  • December’s transfer of administration to Capita triggered the backlog; the company has repeatedly missed recovery deadlines, including an end-June target, and says normal service is unlikely before September.
  • £9.9 million in contract payments has been withheld by the Cabinet Office, which called Capita’s performance unacceptable and said it is shaping a plan to bring the £189 billion scheme back in-house.
  • £40 million is the earnings hit Capita expects in 2026 from the pensions crisis, which had been flagged before the handover by warnings that the contractor might not be ready and planned leaner staffing.
  • 1.7 million public servants are covered by the scheme, and critics say the delays have left retirees in financial distress, with some reportedly taking post-retirement work while waiting for regular payments.

Insights

Is the pension crisis proof that outsourcing critical UK government services is a failed experiment?
How will thousands be compensated for the long-term financial damage caused by the pension scheme's collapse?
After a £239M pension 'shambles', why did the government award the same firm a new £370M contract?