In terms of internal organisation, Railways Pensions Trustee Company Limited (RPTCL) is split into two arms representing its two subsidiaries. RPMI Railpen is the organisation that manages the assets of the Railways Pensions Scheme (RPS) in respect of which RPTCL has fiduciary responsibility. The Railways Pension Scheme is an industry wide scheme with over 100 designated and participating employers.
The 85 FTE figure supplied above relates to RPMI Railpen only. The pensions administration arm of RPTCL is called RPMI. RPMI employs approximately 346 FTE.