REQUEST FOR PROPOSALS
Re: PUBLIC OFFICERS’ DEFINED CONTRIBUTION PENSION FUND – RETIREMENT FUND ADMINISTRATION SERVICES
Tender Name: PODCPF – RETIREMENT FUND ADMINISTRATION SERVICES
Tender No: PODCPF/TENDER/ADS/05/2023
BACKGROUND
The Public Officers’ Defined Contribution Pension Fund (The Fund) is established by the Public Officers Defined Contribution Pension Fund Act No.8 of 2008 as amended (the Act) to deliver pension benefits to contributing Members in the Public Service of the Government of Lesotho
The Fund provides for retirement benefits and related matters to permanent and pensionable Public Officers. As at 31st March 2023, the Fund had 37,623 active Members and 175 pensioners, with total assets under management amounting to around M10,8 billion. The Fund is primarily a defined contribution plan, however, there is a significant proportion of the Funds membership that has a defined benefit underpin.
INVITATION TO TENDER
The fund seeks eligible and suitably qualified service providers for the provision of the Retirement Fund Administration Services for a period of three (3) years.
DEADLINE FOR SUBMISSION OF TENDERS
Tenders must be received by the Fund at the address specified not later than the 22 November 2023 at 12:00 Noon.
FOR A DETAILED REQUEST FOR PROPOSALS Visit our website www.pensionfund.org.ls