An Approved Minimum Retirement Fund, or AMRF, is a pot for your pension money after you retire.

Update Jan 2022: ARMFs were effectively abolished by the government from 1 January 2022.

In practice, it’s very similar to an Approved Retirement Fund (ARF).

If you were less than 75 years old, and don’t have a guaranteed pension income (such as an annuity) of €12,700 or more, you’re required to put €63,500 into an AMRF before you can put money into an ARF.

You can withdraw up to 4% of your AMRF each year (subject to PAYE taxes).

Read more about your options at retirement.

By investing €400 a month you could save €27,900 in 5 years

Using our "Picture your money" tool, you can find out how your money could work for you.

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Note: This is an initial indication to help you picture your money. Remember that with investments it is not possible to know for certain what returns you will achieve. Please note the investment warnings at the bottom of the page. This is the approximate before-tax return on an investment which grew at 6% over 5 years.

How to start a pension in Ireland


Should you be doing more for your retirement? Our free ebook guides you through your pension options and answers the three big questions to get you on your way to a well-planned retirement. 

How to start a pension in Ireland