MyFutureFund (AutoEnrolment)

MyFutureFund is the body in charge of AutoEnrolment in the Republic of Ireland. Their job is to:

• Determine who is eligible for enrolment
• Collect employer and employee pension contributions.
• Invest employer, employee and state contributions in managed funds.

Who is eligible for AutoEnrolment?

NAERSA have been collecting payroll information from The Revenue. The key information transferred between Revenue and NAERSA is:

• Any contributions made to a pension scheme reported via Payroll
• Gross Income determined from all sources in the current year
• Cessation of employment with an employer

Determining eligibility

The criteria for eligibility is:

• The employee is aged between 23 and 60
• The employee is considered likely to earn more than €20,000 a year across all employments (as reported by payroll)
• Does not have existing pension coverage (as reported by payroll)

Grounds for ineligibility are:

• The employee is a proprietary director (PRSI Class S in payroll)
• The employee has exceeded €80,000 gross earnings in the year.

What periods does AutoEnrolment cover?

There is a rolling 13 week look-back that NAERSA use to assess an employees income and eligibility criteria.

Once an employee is deemed eligible for enrolment the will be considered enrolled for a minimum of six months.

Employees can opt out of the scheme in months seven and eight using the Employee Portal (available 1st January 2026)

After two years, anyone who has opted out, but is still eligible for the scheme, will be automatically re-enrolled.

How can I manage my employees?

There is an Employer Portal and an Employee Portal. The employer portal allows you to set up your company using your ROS digital Certificate.

You must add the details for the bank account so that contributions can be deducted.

You can view eligible employees. There is an option to download AEPN’s from the Employer Portal. This is not required with Parolla, we will contact the MyFutureFund API directly.

How does Parolla know what to deduct?

NAERSA and MyFutureFund issue AEPN’s (Automatic Enrolment Payroll Notifications) which instruct the payroll software with scheme members and percentage rates to deduct/contribute to MyFutureFund.

Every Monday, NAERSA will update the AEPN’s for any employee whose circumstances have changed in the period up to the Thursday prior.

The employer must operate the AEPN in effect at the time of processing the payroll. There are no exceptions. If there is any doubt or concern about an employee then you must contact MyFuture fund and NAERSA directly. They will issue a new AEPN if required.

How do I manage AEPNs in Parolla?

We will try to contact NAERSA automatically on any day that you log into the company in Parolla. If there are new AEPN’s you will be directed to the summary page. If you have already downloaded them, or there are no AEPN’s you will be notified in the screen.

We do this over the API using your existing ROS Digital Certificate. There is no need to upload anything to Parolla.

Anyone who has been enrolled in MyFutureFund must be notified that they are enrolled. The Employer Portal has template emails that you can send to the employee, but you can also send an email directly from with Parolla.

Go to the Employee AEPN page, it us under the left hand menu Benefits/Deductions->Pensions->MyFutureFund.

Select the AEPN’s and employees that you want to notify using the checkbox, and then set the notification.

The email that we send to the employee will look like this:

How to I apply MyFutureFund contributions?

Whenever you update an Open payslip we will calculate the amount of employer contribution and employee deductions and apply them to the payslip.

These will appear on the employee Benefits and Deductions panels.

When you submit the pay run to The Revenue, we will wait for a confirmation that the payslip has been accepted, then we make a second submission to NAERSA with the pension details.

What happens if I need to change a payslip?

The NAERSA/MyFutureFund system is not as flexible as the ROS system, there are no tools for corrections via payroll software.

If an employee is enrolled, the only way to remove them from AutoEnrolment is to contact the MyFutureFund help desk.

If you make a mistake on a payslp, or need to change the values, you have until 6.30pm on the date of payment to make any corrections via payroll software.

After that time, NAERSA will instructs the debit of your account for the amount of the MyFutureFund deductions, and deposit funds into the pension funds.

Making changes to past payslips is going to be a headache if it involves changing the gross income. NAERSA do not keep a rolling liability value like ROS does. There are are no software processes to refund via payroll.