Marks & Spencer Employee Benefit: Pension Plan | Glassdoor.co.uk

Marks & Spencer Pension Plan

Updated 14 Jun 2017

103 employees reported this benefit

3.6
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Employer Summary

We’re all aware of how important it is to save for our retirement. At M&S, we want to help you along the way. We offer a defined contribution pension plan to new employees. If you pay into the plan, we will too, and these contributions will be carefully invested so, when the time comes, you can enjoy your retirement in comfort.

Legislation requires us to automatically enrol some employees into our pension plan. For instance, if you’re aged over 22, under state pension age and have earnings over a set threshold. More information is available on www.mandspensionscheme.com.


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Available to UK-based employees (Change location)

Employee Comments

Showing 1–10 of 16
  • 22 Nov 2018
    StarStarStarStarStar Current Employee in London, England

    M&S contribute 6% for employees who contribute 3% of their salary.

  • 17 Mar 2018
    StarStarStarStarStarEmployee

    Best thing is the company doubling what you put towards it

  • 24 Oct 2017
    StarStarStarStarStar Former Customer Advisor in York, England

    Yes you can benefit from a pension plan. You just pay about 6% of your salary!!!

  • 06 Oct 2017
    StarStarStarStarStar Current Store Manager in Ipswich, England

    reasonable for where the pension market is now at.

  • 23 Dec 2016
    StarStarStarStarStarEmployee

    3% taken from your salary and M&S top up 6%.

  • 07 Dec 2016
    StarStarStarStarStar Current Project Manager in London, England

    good defined contribution scheme - M&S pay in up to 12%

  • 02 Nov 2016
    StarStarStarStarStar Former Customer Assistant in Bath, England

    they do what is legally manditory

  • 01 Aug 2016
    StarStarStarStarStar Current Bakery worker in London, England

    I pay into my pension plan but dont really see the benefits as of yet

  • 27 Apr 2016
    StarStarStarStarStar Current Customer Assistant in Cardiff, Wales

    Whatever you pay in, m&s do the same. Monthly amount shows on your pay slip.

  • 30 Jan 2016
    StarStarStarStarStar Current Customer Assistant in Milton Keynes, England

    They double your pension input


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