MyFutureFund contribution calculator 2026
Estimate the employee deduction, employer match and State top-up under Ireland’s automatic-enrolment system, including the pay period that crosses the €80,000 earnings threshold.
Who is automatically enrolled
MyFutureFund began on 1 January 2026. The core automatic-enrolment group is employees aged 23 to under 60 whose gross earnings are at least €20,000 a year and who do not already have a qualifying pension contribution through payroll. Earnings across employments are considered by the system, while contributions and the €80,000 threshold operate per employment.
Contribution rates from 2026 to 2028
| Contributor | Rate on contributing gross pay | €45,000 example |
|---|---|---|
| Employee | 1.5% | €675 |
| Employer | 1.5% | €675 |
| State | 0.5% | €225 |
| Total | 3.5% | €1,575 |
The employee contribution is taken from net pay. Unlike an ordinary relievable pension contribution, it does not reduce Income Tax, USC or PRSI. The employer and State amounts go to the retirement account and are not current take-home.
Why contributions can exceed 1.5% of €80,000
Contributions stop after a pay period causes cumulative gross pay in that employment to reach or exceed €80,000. The entire crossing pay is included. An employee earning €110,000 with monthly pay reaches €82,500 after nine payments, so the official example gives an employee contribution of €1,237.50 rather than exactly €1,200.
Opting out and re-enrolment
Eligibility, opt-out windows, refunds, suspension and re-enrolment are administrative rules rather than simple tax percentages. The calculator assumes continuous participation for the displayed year and does not forecast investment returns, charges or retirement income.
Official sources
See MyFutureFund inside take-home pay.
Add the employee deduction beside Income Tax, USC and PRSI in the full Irish salary calculator.