CGI Group has won a potential 36-month contract to update a pension information system, intending to adapt the system to changes in regulations.
The company won two out of five possible components of the project, where it will develop the base functionalities and technical service-oriented architecture functionalities, CGI said Monday.
The contract, potentially worth up to an estimated $6.5 million, contains one base year and two options for renewal.
France’s Caisse nationale d’assurance vieillesse is one component of the country’s pension scheme, which manages pensions of 13.2 million retirees under the public plan.
CNAV has seen a 50-percent increase of pensioners since 2003 due to baby-boomer retirements, according to CGI.