Tata Consultancy Services (TCS), a global leader in IT services and consulting, has announced a significant 15-year contract with Ireland’s Department of Social Protection (DSP). This partnership aims to implement and support the country’s new Auto Enrolment Retirement Savings Scheme, dubbed the “My Future Fund.”
This initiative will offer a comprehensive, end-to-end digital solution for the automated enrolment of almost 800,000 workers in Ireland.
TCS will leverage its robust TCS BaNCS™ platform to facilitate seamless enrolment, record management, and benefit disbursement. The project will be managed from TCS’ Global Delivery Centre located in Letterkenny, Co. Donegal, Ireland. This development follows the passing of the Automatic Enrolment Retirement Savings System Bill earlier this year and the completion of a thorough tender process by the Department of Social Protection.