# WMPF Ill Health Insurance

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Wolverhampton City Council](/buyers/wolverhampton-city-council/contract-awards)
- Tender value: £200,000
- Published: 27 March 2018
- Planned start: 1 June 2017
- Planned end: 31 May 2021
- Stage: open_tender
- Procurement category: services
- Notice ID: 1b464fd8-f11d-427d-8c7e-05f045c6be44-205709
- OCID: ocds-b5fd17-36a51a34-6718-4db5-8b1e-6445316693a8

## Description

The West Midlands Pension Fund is looking to procure an insurance policy to cover the strain cost passed onto participating employers as a result of member ill health early retirement\. In the event of an ill-health early retirement in the LGPS, additional liabilities arise in the Fund due to: a\) early payment of accrued pension; and b\) enhancement of the pension in accordance with LGPS Regulations\. There are three tiers of ill health outlined in the Regulations, however only two of these involve enhancement \(as below\) and it is for these tiers that the Fund is wishing to obtain insurance\. Tier 1 - The active member of the scheme is expected to never return to work\. The member will receive their accrued pension plus 100% of their expected future service as an 'enhancement' Tier 2 - The active member of the scheme is expected to be unable to work for at least three years\. The member will receive their accrued pension plus 25% of their expected future service as an 'enhancement' Additional information: Any questions need to be asked via the e-tendering portal at www\.wolverhamptontenders\.com\. All submissions should also be made at this site\. Please ensure you allow sufficient time for submitting your response\. This procurement has been abandoned\.

## Related contract awards

- [CWC26063 - BCT A4168 Priory Road OBC](/contracts/ocds-b5fd17-578eba77-3adc-4eb2-9d35-fb7a884f611f): Wolverhampton City Council
- [CWC23084 Task 11 - Meredith Road](/contracts/ocds-b5fd17-fc185b5e-92b1-46cf-89c3-ac1df2b3cbb1): Wolverhampton City Council
- [CWC26149 - BCT A461 FBC](/contracts/ocds-b5fd17-7598ba41-51b4-419a-8ddf-f306685777e3): Wolverhampton City Council

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/1b464fd8-f11d-427d-8c7e-05f045c6be44-205709)