Network Rail has appointed Capita Employee Benefits to provide pension administration services for two of its three pension schemes.
Capita will be responsible for administering the train operater’s trust-based defined contribution pension scheme, which has around 15,000 members, and its career average re-valued earnings (Care) pension, which has around 3,500 members.
The Network Rail section of the Railways Pension Scheme will continue to be administered by RPMI.
The administration services will commence in April 2014.
