TCS signs 15-year deal with Irish govt to manage pensions of 800K workers

Tata Consultancy Services (TCS) said on Tuesday it has won a 15-year contract from Ireland’s Department of Social Protection to implement and support the country’s new auto enrolment retirement savings scheme known as ‘My Future Fund’.

While the financial details of the deal were not disclosed, such long-term contracts are typically categorised as large deals. The India information technology (IT) services company will provide “end-to-end digital solution” for the automatic enrolment of some 800,000 workers in Ireland.