When is my pension paid?

Your pension is paid monthly in advance. The payment dates for 2020 and 2021 are shown below.



30 October

December 30 November


January 31 December
February 29 January
March 26 February
April 31 March
May 30 April
June 28 May (31st being Bank Holiday)
July 30 June
August 30 July
September 31 August
October 30 September
November 29 October
December 30 November

If you need to change your bank details, as long as we receive your new bank details before the 10th of the month, the change will take effect for the next payment due.

You can submit a change of bank details by logging in to your pension account on The M&S Pension Scheme Portal. If you haven’t already registered your pension account, watch our step-by-step guide and register here. If you’d rather provide this in writing contact the Pensions Administration Team.