Oireachtas Joint and Select Committees

Tuesday, 18 November 2025

Select Committee on Social Protection, Rural and Community Development

Social Welfare and Automatic Enrolment Retirement Savings System (Amendment) Bill 2025: Committee Stage

2:00 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)

It also states there are other very big companies working with TCS in relation to this - big names we all use every day. Norway's sovereign wealth fund holds a stake in 15 separate Tata companies, which includes a stake of about €250 million in TCS. Many experts would say the Norwegian sovereign wealth fund is considered one of the most ethical funds in the world. I do not necessarily disagree with the Deputy's point but it demonstrates the complexity of service providers and the service supply chain. We went to an open, EU-wide tender in 2023 and 2024 to get the best possible service for the 750,000 people participating in this scheme.

Comments

No comments

Log in or join to post a public comment.