Auto enrolment pension – My Future Funds – info for Employers.
The Minister for Social Protection has announced that the collection of contributions for the auto-enrolment system, called MyFutureFund, will begin from 1 January 2026.
The Department of Children, Disability and Equality held a bespoke service provider online session to provide information for the ELC and SAC sector on Monday 3rd November.
A recording of the webinar for the ELC and SAC sector is available on YouTube and responses to the FAQs raised at that webinar are available here.
The webinar is available here.
Automatic enrolment rules
• Auto-enrolment is a new employment right, each employer has the responsibility to ensure that all eligible employees have access to the scheme.
• Staff aged between 23 and 60;
• Staff not currently part of a pension plan;
• Staff who earn €20,000 or more per year, both an employer’s and the Government’s contributions are capped at €80,000 gross annual salary;
• Employer contributions will be deductible for corporation tax purposes.
Download FAQ’s here: 20251203-Auto-enrolment-my-Future-Fund-Employer-FAQ
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