BY BRITTANY R. BALLENSTEDT
May 29, 2008
The Office of Personnel Management has suspended a 10-year, $290 million contract awarded to Hewitt Associates to create a new electronic retirement system.
Two federal sources who requested anonymity said on Thursday that OPM Director Linda Springer decided late Wednesday to suspend the contract with Hewitt, a human resources consulting company based in Lincolnshire, Ill. Under the contract, Hewitt would create a database that would allow employees to view their work history and salary, calculate different annuity scenarios, and process their retirement online.
"The prime vendor for the contract and OPM have had increasingly more concerns regarding aspects of the program that the vendor has maintained are out of scope of the contract," one federal source said. "Additionally, there have been numerous problems with data cleansing. If the data is not correct, annuity calculations will not be correct."
http://www.nextgov.com/nextgov/ng_20080529_6870.php?zone=ngtoday
