Ireland selects TCS for 10-year, €150m auto-enrolment pension scheme.

Ireland's Department of Social Protection selected Tata Consultancy Services (TCS) to build and run a 10-year auto-enrolment pension scheme worth up to €150m. The Automatic Enrolment Retirement Savings System Bill 2024 was passed, making Ireland the only OECD country with an auto-enrolment pension scheme. It targets workers aged 23-60 earning over €20k, starting with an opt-out basis at 1.5% contributions, increasing to 6% over 10 years.

July 04, 2024
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