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Tata
Infotech to Develop Web Based eRetirement System For Massachusetts
Teachers Retirement Board (MTRB)
19th November 2002 |
Tata
Infotech prevailed in a highly competitive public bidding
process to develop and implement a web-based eRetirement system
for the Massachusetts Teachers Retirement Board (MTRB) in
USA. The project is valued at over US $ 3 million.
MTRB
provides retirement, disability and survivor benefits to over
125,000 active and retired educators in the state of Massachusetts.
In addition, the MTRB collects member contributions from over
400 school districts. Tata Infotech successfully proposed
a web-based software solution which provides quality service
with business functions such as enrollment, employer reporting
(reporting of contribution, salary, service etc), beneficiary
nomination, death, retirement, benefit calculation etc built
as business components to provide an integrated eRetirement
system.
The eRetirement system will be developed within 18 months.
A core team of consultants will work on-site in sync with
a larger offshore team located at the Tata Infotech NEPZ centre
in Noida, UP. India.
Mr.
Thomas R. Lussier, Executive Director at MTRB said "To
date we are very impressed with Tata Infotech's dedication
and commitment to the project. In addition, we are pleased
with how quickly the Tata team has forged a partnership with
our staff on the development of the new system. I expect the
positive relationship to continue, and in the next 18 months
I expect that the MTRB and Tata Infotech will have created
a truly great product."
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