Outsourcing company Capita has lost its government contract to administer the Teachers’ Pension Scheme (TPS) after 27 years.
A contract notice published by the Department for Education (DfE) on Friday shows Indian IT company Tata Consultancy Services will now administer the scheme under a 10-year, £233 million contract.
It comes despite Capita, which recently withdrew from delivering the government’s flagship teacher training and development programme to teachers, tendering to regain the contract.
DfE said it would “transition” the scheme to Tata over a two-year period from this October, with the new contract beginning in October 2025.
