Before you begin
What you need from this pay period
Use year-to-date gross immediately before the pay period being checked, not the total after it.
Use the gross amount for one real pay period. Do not convert weekly or monthly pay into an annual salary for this rule.
If your payroll or MyFutureFund record supplies a different year-to-date amount, that record is the figure to use.
Reading the answer
Understanding this period's contribution
If year-to-date enrolled gross is below €80,000 before the period, the full current pay period attracts contributions. There is no partial clipping at €80,000.
Once the threshold has already been reached before a later pay period, that later period carries 0% MyFutureFund contribution rates for the remainder of the financial year under the current payroll guidance.
Boundaries
Assumptions and limitations
Working assumptions
- The two pay figures entered are the actual enrolled-payroll figures for the current financial year and current pay period.
- Contribution rates come from the published statutory phase applying in the current calendar year.
- The participant is currently a contributing MyFutureFund participant when 'Yes' is selected.
Where to be careful
- This checks the contribution amount for one pay period; it does not reconstruct missing payroll history.
- Payroll corrections, reversals or scheme-record adjustments should be checked against the employer's payroll record and MyFutureFund rather than inferred here.
- This is not a pension-pot forecast and makes no assumptions about investment returns, inflation or future salary.
Worked example
The same question, answered end to end
The official threshold example: €79,500 of enrolled gross pay before a €2,000 pay period in 2026.
What was entered
- €79,500 enrolled gross pay before the current period.
- €2,000 gross pay in the current period.
- 2026 contribution phase: 1.5% participant, 1.5% employer and 0.5% State.
How it is worked out
Because €79,500 is below €80,000 before the pay period, the full €2,000 is contribution-bearing even though it crosses the threshold.
Participant: 1.5% of €2,000 = €30. Employer: another €30. State: 0.5% = €10.
The period therefore adds €70 in total, and the enrolled gross after the period is €81,500.
Later pay periods in the same financial year should use 0% MyFutureFund rates under the current guidance.
What the tool returns
- Contribution-bearing gross this period
- €2,000.00
- Your contribution
- €30.00
- Employer contribution
- €30.00
- State top-up
- €10.00
Common questions
Questions about this tool
If a pay period takes me from €79,500 to €81,500, are contributions charged only on €500?
No. Under the current payroll guidance the whole €2,000 pay period attracts contributions because the year-to-date amount was below €80,000 before that period. Later pay periods then move to 0%.
Why does this ask for year-to-date pay before the period?
Because that is what decides whether the current pay period carries the contribution rates or 0%. An annual salary alone cannot reproduce the payroll rule exactly.
Does this project my pension balance?
No. It deliberately answers only the current payroll contribution question. A future pension balance depends on future returns, pay and inflation, none of which can be known exactly.