Changes to monthly payslips from May 2021

30 April 2021

From May 2021 the Trustee will only be issuing payslips to members if their monthly pension changes by £10.00 or more.

Previously members would have received a payslip in the post or via the M&S Pension Scheme Portal if their pension changed by £2.00 or more from one month to the next. To cut down on the number of payslips being issued (to save costs and reduce our carbon footprint) the Trustee has decided to increase the limit to £10.00 or more.