Setting Up the MyFuture Fund Pension Scheme
Navigate to Payroll > Global Setup > Pensions
Create a new pension scheme for MyFuture Fund
Configure the following settings:
Tax Deductible: No (employee pension not deducted from taxable pay)
Employee Deduction: Percentages set on individual employees
Employer Deduction: Percentages set on individual employees
Based On: GROSS (locked to company gross pay item)
Alternative Employee Item: Select a unique item for MyFuture Fund employee contributions
Alternative Employer Item: Select a unique item for MyFuture Fund employer contributions
Do not set an AVC item
Do not set maximum pensionable pay amounts
The employee and employer contribution items must:
Not be used on any other pension scheme.
Not be included in ROS payroll submission reporting.
Configuring Parameters
Navigate to Payroll > Global Setup > Parameters.
In the MFFSCHEME parameter, enter the pension scheme number you created for MyFuture Fund.
This parameter cannot be company specific.
Updating Item Sequences
Navigate to Payroll > Global Setup > Item Sequences.
From 2026 onwards, ensure your employee sequences include the MyFuture Fund employee and employer contribution items. Coins ERP+ will validate this when checking sequences.
Setting Up Event Types
Navigate to Payroll > Global Setup > Lookup Codes.
Coins ERP+ automatically creates lookup codes for Ireland AEPN event types (code: IEAUTO).
Available Event Types:
AE - Auto Enrolment
OO - Opt Out
SUS - Suspension
E - Enrolment
AEL - AEL Breach
NYR - Next Financial Year Post AEL Breach
CRC - Contribution Rate Change
LEFT - Left Employment Initiation
NONE - No AEPN
For each event type, you can configure:
Mail Merge: Tick this box if you want to send formal notifications to employees for this event type.
Payslip Message: Enter a template message to appear on payslips when this event occurs
Payslip Message Tokens
You can use the following tokens in payslip messages:
[YR] - Event year
[NEXTYR] - Year following event year
[ENROLDATE] - Enrolment date
[ISSUEDATE] - AEPN issue date
[EEPERC] - Employee contribution percentage
[ERPERC] - Employer contribution percentage
[ENDDATE] - Pension end date
Example Message
You have been auto-enrolled in MyFuture Fund from [ENROLDATE]. You will contribute [EEPERC] and your employer will contribute [ERPERC] of your gross pay.
Testing Connectivity
Before processing your first pay period, test your connection to NAERSA.
Navigate to Payroll > Global Functions > ROS Workbench.
Select the employer registration number line item.
Select the arrow in the dropdown Test Connectivity to ROS action field.
Select Test Connectivity to NAERSA.
Select
.This validates your employer registration number and digital certificate with NAERSA.