MyFutureFund (Auto-Enrolment)

MyFutureFund is the name for Auto-Enrolment in the Republic of Ireland. It is administered by the National Automatic Enrolment Retirement Savings Authority (NAERSA).

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 Auto-Enrolment?

NAERSA are supplied with payroll information by The Revenue once a payslip is submitted. 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 Automatic Enrolment Payroll Notifications (AEPN’s) 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 MyFutureFund 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:

Applying MyFutureFund contributions to payslips

Parolla will calculate the amount of employer contribution and employee deductions and apply whenever you open a payslip.

These will appear on the employee Benefits and Deductions panels of the payslips.

Uploading MyFutureFund contribution information to NAERSA.

Once you have proceesed a payrun you will have the option to upload the MFF details to NAERSA.

Checking the Submission

In order to check that the submission has been accepted you can log onto the MyFutureFund Portal and view the submission.

You can also view the submission under Benefits/Deductions > Pensions > MyFutureFund contributions.

As at the end of January 2026 the submission status may still show as CONDUE when the funds have been paid to NEARSA.

Frequently asked Questions

How do I make payments for the MyFutureFund Contributions?

Employers have the option to pay contributions by bank card or by variable direct debit.

If paying by credit card the employer must log into the MyFutureFund portal after submitting their pay run. They should then approve payment of the contributions from the card. This must be done after each pay run.

A Direct Debit instruction is easier, and can be set up on the MyFutureFund Portal. NEARSA will debit the contribution due for payment after the payment date.

When are the funds debited?

If you have set up your Direct Debit instructions on the MyFutureFund portal, the funds will be debited after 6:30pm on the pay run payment date.

If you do not have Direct Debit instructions set up, payment can be made directly via the MyFutureFund portal using a bank card.
The amount will be debited on the day the card details are entered, which may be earlier than the pay run payment date.

Can I make amendments to MyFutureFund uploaded submissions?

Pay runs and payslips can be amended by uploading a revised MRR file to NAERSA, either through Parolla or via the MyFutureFund portal.

Employers have until 6:30pm on the payment date to make corrections and resubmit a revised MRR file.

After that time, NAERSA will instruct the debit of your account for the MyFutureFund deduction amounts and will deposit the funds into the relevant pension funds.

What if I amend the payroll / MRR file after 6:30pm on the payment date?

Once NAERSA has debited the funds, you will need to contact them directly to discuss refunds or top-up payments for employees.

NAERSA does not keep a rolling liability balance like ROS, and there are limitations to their system.
It is therefore prudent to review submissions before 6:30pm on the payment date and make any necessary updates.
As of January 2026, refund requests must be made in writing.

How do I remove an employee from my AEPN?

Employers must operate the AEPN’s that they have been issued. There is no flexibility for the employer to skip or remove employees from MyFutureFund.
If you believe an employee is exempt, you should contact NAERSA directly. They will review the case and, if appropriate, reissue an updated AEPN.
Updated AEPNs are issued on Mondays and include changes received up to the previous Thursday.

How do I add a new employee to my AEPN?

For new employees, a payslip must be submitted to Revenue before an AEPN is issued.
Revenue will notify NAERSA of the employment status, and NAERSA will issue an AEPN if the employee is eligible for MyFutureFund.

Can my employees opt out?

Yes. An employee can opt out via the employee MyFutureFund portal, but only after the first 6 months of participation.
Opt-outs last for a maximum of two years. If the employee has not re-enrolled after two years and remains eligible, they will be automatically re-enrolled.

Can my employees opt in?

An employee can opt in to MyFutureFund if they are:

• aged 18–22 or 60–66, or
• earning less than €20,000 per year across all employments
• and are not Proprietary Directors (PRSI Class S)

Employees may only opt in for employments where no pension contributions are already being made through payroll.

Self-employed individuals cannot currently opt in to MyFutureFund.

Has the introduction of MyFutureFund been seemless?

Has the introduction of MyFutureFund been seamless?

🤔Short answer: Not exactly — but it’s getting there

MyFutureFund is a large national programme with defined rules and cut-off times. Historically, payroll-related changes such as PAYE Modernisation, ERR and COVID payments were delivered directly by Revenue.

The MyFutureFund software, operated by NAERSA, is provided by a third-party vendor and is continuing to mature with input from Payroll Software Providers and Revenue.

While things are settling in, reviewing accepted submissions in Parolla or via the MyFutureFund portal — and giving payroll a final check before 6:30pm — can save a lot of head-scratching later ✅