Ireland’s My Future Fund auto-enrolment pension scheme reached an important milestone this month.

From July 2026, the first employees who were automatically enrolled when the scheme launched in January become eligible to opt out during their designated opt-out window.

For employers, this is an opportunity to ensure payroll processes, employee records and internal communications are operating smoothly.

What Is Changing?

Eligible employees who have completed their initial participation period can now choose to:

• Remain in the scheme.
• Opt out during the permitted opt-out window.
• Receive a refund of their own pension contributions made during the relevant period, in line with the scheme rules.

Employers should remember that participation in the scheme is the employee’s choice. It is important that staff are provided with clear, factual information without influencing their decision.

What Should Employers Do?

Now is a good time to review your processes and ensure your business is prepared.

Key areas to consider include:

• Confirm payroll systems are up to date.
• Ensure employee records are accurate.
• Understand how opt-out notifications will be managed.
• Review internal communications and HR procedures.
• Continue monitoring compliance with the scheme requirements.

A proactive approach can help minimise administration and ensure a smooth experience for both employers and employees.

Looking Ahead

Auto-enrolment is more than a compliance exercise. It represents a significant change in how workplace pensions are managed in Ireland.

Businesses that establish strong processes now will be better positioned as the scheme continues to develop.

How Gallagher Keane Can Help

The introduction of auto-enrolment is one of the most significant employment changes in recent years.

At Gallagher Keane, we help businesses navigate legislative changes, review payroll processes and ensure they remain compliant while focusing on their long-term business goals.

If you have questions about auto-enrolment or how it may affect your business, contact Gallagher Keane today.

Email: info@gallagherkeane.ie