Scheme pays policy


'Scheme pays' is a process where you are able to request the Trustee of the Telefónica Pension Plan to meet an Annual Allowance tax charge from the Plan's assets, with your Pension benefits being reduced accordingly. It's important you carefully review the below document to understand the deadline for any Scheme pays request to be submitted.  


For more information about the Scheme Pays Policy, please see our Scheme Pays Policy document.