CanadaBuys #BC229954

Simon Fraser University RFI for Pension Administration Services

Simon Fraser University is seeking information from vendors to modernize its pension administration for a defined benefit pension plan covering administrative and union staff. - Government buyer: - Simon Fraser University, a public research university in British Columbia, Canada - Services requested: - Pension administration services for a defined benefit pension plan - Options for co-sourced or fully outsourced service models - Vendors should demonstrate capabilities, pension administration systems, and experience with similar plans - Unique or notable requirements: - Support for long-term sustainability and operational efficiency - Improved member service and compliance with regulatory requirements - Flexibility for SFU to retain or fully outsource plan administration responsibilities - No specific OEMs or vendors are named in the notice - Information gathered will inform a future Request for Proposal (RFP) - Place of performance includes SFU campuses in Burnaby, Vancouver, and Surrey

Description

Simon Fraser University (SFU) issued a Request for Information (RFI) to gather information from qualified vendors regarding pension administration services for the SFU Pension Plan for Administrative and Union Staff, a defined benefit plan. SFU is exploring options to modernize its pension administration through either a co-sourced or fully outsourced service model to improve operational efficiency and member service. The RFI aims to understand vendor capabilities, identify potential solutions, and inform the development of a future Request for Proposal (RFP). SFU seeks to engage vendors to evaluate service delivery models and technical capabilities for pension administration.

View original listing