EDS Pension

EDS Pension

EDS Pension was founded in 1995 as a non-contributory defined benefit plan. It delivers retirement and death benefits to members tied to the original EDS workforce. Corporate transitions linked the plan to HP Enterprise Services and later DXC Technology as principal sponsor. The scheme allocates to private equity at a 5 percent target. Holdings include direct positions in property vehicles such as the M&G Property Fund. Geographic exposure centers on the United Kingdom with additional holdings in global secondaries and asset-backed securities. Recent implementation covered TwentyFour ABS and Aegon ABS mandates during 2024. Service providers include Pension Insurance Corporation since 2022, Insight Investment for LDI, Mercer, and Equiniti for administration. The scheme maintains a trustee bank account balance reported at $7.3 million. March 2024 attendance at the PIC Policyholder Event in Edinburgh addressed pension transfer and member security topics. Governance relies on independent trustees supplied by Capital Cranfield alongside sponsor-appointed directors. The structure separates investment advice from scheme administration through distinct mandates with Sackers for legal counsel.