From 1 December 2025, registration for Ireland’s new MyFutureFund auto enrolment pension scheme is live. Contributions start on 1 January 2026, so employers need to act now to ensure compliance.
What Employers Need to Do
Register on the MyFutureFund Portal
- Log in using your ROS credentials.
- Complete your company profile: name, PPSN, employer Tax reference, payroll frequency, and bank details for direct debit.
Set Up Payment Method
- Choose direct debit or manual payment through the portal.
Prepare Payroll Systems
- Ensure your payroll software can process Automatic Enrolment Payroll Notifications (AEPNs) from January. Test integration now to avoid errors.
- Test integration now to avoid errors.
Communicate with Employees
- Inform staff about auto enrolment, contribution rates, and opt-out options after six months.
Key Details
- Eligible Employees: Aged 23–60, earning €20,000+ annually, not in an existing pension scheme.
- Contribution Rates (2026–2028): Employer 1.5%, Employee 1.5%, State 0.5% (on earnings up to €80,000).
- Penalties: Non-compliance may result in fines or prosecution.
How BCA Can Help
- Registration Support: We’ll guide you through portal setup and documentation.
- Payroll Integration: Ensure systems are AEPN-ready.
- Employee Communications: Provide templates and FAQs for staff.
- Compliance Planning: Avoid penalties and streamline processes.
Act now to ensure a smooth transition to auto enrolment. Contact BCA for expert assistance with registration, payroll setup, and compliance.