Forthcoming Events

17 March 2010
10th National Stakeholder Group Meeting
This meeting is by invitation only. It allows declared stakeholders to engage with NDA on various issues of national interest.

17 March 2010
Demo: Lasers in Nuclear Decommissioning
TWI Ltd present a NDA funded project to demonstrate the capabilities of lasers for surface removal of contaminated concrete and cutting of pipe and metalwork.

05 May 2010
Socio Economic Panel
Panel to consider funding requests under £100,000.

Press Enquiries

For urgent enquiries out of office hours, please use the mobile phone numbers below:

Bill Hamilton
Head of Stakeholder
Communications

Office: 01925 802193
Mobile: 07816 315132

Brian Hough
Communications Manager

Office: 01925 802177
Mobile: 07812 554009

Rachael Collins
Communications Manager

Office: 01925 802255
Mobile: 07971 918968

Deborah Ward
Communications Manager

Office: 01925 802343 
Mobile: 07980 930838

See also

Combined Nuclear Pension Plan (CNPP) Website

Web Updates

Keep informed with the latest news and developments from the NDA

.
Home > News and Events > NDA extend Thurso based Pensions Administration Office Contract  

NDA extend Thurso based Pensions Administration Office Contract

29 June 2009

 Left to Right: Richard Stoneham, UKAEA's Head of Pensions; Yvonne McCarthy, Pensions Manager; and William Roberts, NDA Chief Financial Officer.

The NDA has awarded the UKAEA Pensions Administration Office (PAO) an extension on its contract to manage the Combined Nuclear Pension Plan (CNPP).

This was done following a recommendation from the scheme Trustee.

The NDA's Chief Financial Officer, William Roberts, made the announcement following a CNPP meeting in Thurso today.

The UKAEA PAO was initially awarded the contract to manage the CNPP - an industry wide scheme - following a competitive bidding process in 2006.

The CNPP was developed to ensure that existing nuclear sector employees were not adversely affected by the NDA's competition process and their subsequent transfer to a Parent Body Organisation (PBO) pension scheme.

Since being awarded the CNPP contract the PAO has successfully completed the transfer of over 11,000 employees to the scheme.

The NDA's Chief Financial Officer, William Roberts, said:

"The NDA is committed to supporting the Caithness and North Sutherland area to develop a diverse economy – particularly as the Dounreay closure date drawers nearer.

"The extension of this contract for a further two years will enable the PAO to continue to grow – and as it does so this will bring more jobs and opportunities to the area."

UKAEA's Head of Pensions, Richard Stoneham, said:

"PAO is a vibrant, dynamic, growing business in Caithness. We value our existing client base and are therefore delighted that the NDA has recognised the quality of our service and commitment in administering the Combined Nuclear Pension Plan by choosing to extend the existing contract. We look forward to continuing to work with them into the future."

Background

Through its competition process the NDA awards the contracts for strategic management of its sites to Parent Body Organisations (PBO). This means that the NDA retains ownership of the site itself but also drives value for money, innovation, and market development – all crucial factors in the successful decommissioning and clean-up process.

The CNPP was developed to provide continuity of pension provision for employees following the competitions.