The short answer
MyFutureFund should help more employees build retirement savings, but it cannot by itself remove the gender pension gap. In 2026 eligible employees and employers each contribute 1.5% of gross pay and the State adds 0.5%, with rates rising over time. That tackles non-participation. The gender pension gap is also shaped by earnings, hours worked, time out of paid work, contribution levels and how long money stays invested.
What MyFutureFund does well
It automatically brings many employees without a payroll pension into retirement saving, includes an employer match and State top-up, and keeps one fund as a person changes eligible jobs.
What it cannot solve on its own
If someone earns less over a lifetime, works fewer paid hours, has periods without contributions or enters pension saving later, a participation system alone does not make those differences disappear.
Use it as a floor, not a verdict
If you are in MyFutureFund, understand what is going in and how the rates rise. If you already have a workplace pension, compare the actual contribution structure and benefits. A personal recommendation about pension funding belongs with a regulated adviser.