PSE annual window

Opt-out window closing 16 July

The annual opt-out window for Pension Salary Exchange (PSE) closes next Friday 16 July 2021. If you are taking part in PSE but would now like to opt out, your opt-out form must be filled in, signed, dated and returned by next Friday.

Alternatively, if you have previously opted out of PSE and now want to opt back in, you can do so at any time.

Requesting PSE forms

If you would like either an ‘opt in to PSE’, or ‘opt out of PSE’ form, please contact Royal Mail HR Services by calling 0345 60 60 603 (Monday to Friday, 8.30am to 5pm, excluding Bank Holidays) or by emailing

What is PSE?

PSE was introduced four years ago and almost all eligible employees participate in it. It allows you to make a saving on your National Insurance contributions, by changing the way you make contributions to your pension. As a result, you should receive an increase in your take home pay.

For more information about PSE, click here.

Please note that the changes made to the Royal Mail Pension Plan from 1 April 2018 do not affect PSE or your National Insurance contributions.

Legal note: Royal Mail has the right to withdraw, suspend or amend PSE at any time.

9 Jul 2021