‘Over 762,000 workers nationwide are now saving for their post-retirement future’ – Deputy Catherine Ardagh
Published on: 04 February 2026
Fianna Fáil TD, and spokesperson for Social Protection Catherine Ardagh, welcomes that over 762,000 workers nationwide, who previously had no pension provision, are now saving towards their future through Auto Enrolment Retirement Savings System.
My Future Fund was introduced by Fianna Fáil Minister Dara Calleary and aims to provide workers with access to a quality assured retirement savings scheme, and it commenced on 1 January 2026.
Nationwide, over a quarter of the workforce from more than 104,000 employers have been auto enrolled into My Future Fund and are now saving for their post-retirement future. The sectors who have had the largest percentage of workers auto enrolled include construction, retail, and hospitality.
Nationwide, over a quarter of the workforce from more than 104,000 employers have been auto enrolled into My Future Fund and are now saving for their post-retirement future. The sectors who have had the largest percentage of workers auto enrolled include construction, retail, and hospitality.
Commenting on the uptake, The Deputy said:
“My Future Fund is truly revolutionary in terms of pensions for Ireland. MyFutureFund will benefit so many hardworking people over the coming years and decades, making sure they have more money in retirement than they otherwise would.
“First discussed by then Fianna Fáil Minister for Social Protection, Séamus Brennan more than two decades ago, this transformative change has now been delivered by the current Fianna Fáil Minister for Social Protection, Dara Calleary”.
Additionally, more than 5,000 people have so far opted in to My Future Fund. This includes people who earn less than €20,000 a year, or who are aged 18-22 or 60-66.
Ardagh went on to say it will give people peace of mind when the time comes to retire:
“This is about giving working people peace of mind and it’s a simple way of knowing that today’s hard work that all employees do, will support them tomorrow. This will provide employees with a solid foundation for their retirement.
Concluding she stated:
“My Future Fund has started off on a strong footing. It is already supporting hundreds of thousands of workers nationwide so they can plan for their future.
Ardagh added: “People nationwide who have no pension cover, and have not been automatically enrolled, may opt in to My Future Fund through the participant portal which can be accessed through myfuturefund.ie.
“In Fianna Fáil, we recognise the significant contribution that employees make to our workforce. We are committed to providing working people with a secure pension, and a reliable foundation as they prepare for retired life.
ENDS
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