Future Pensions Act: new agreements on pensions and state pension

On May 30, the Senate passed the Future Pensions Act (Wtp). The new law took effect on 1 July 2023. The government believes it is important that everyone, also our future generations, can count on having a good pension. This can't be fully achieved in the current system. It means that all pension schemes in the Netherlands will need to change, and Shell’s pension scheme is no exception.

Preparations in full swing
Shell, in its capacity as employer, had already been busy for some time preparing for the proposed changes and has held several exploratory talks with the Central Works Council (COR). They will continue to work closely together on the framework of the new pension scheme. The COR aims to share more information in early 2024.

Stay up to date
There are still many factors that will determine what will change for you. Not everything is clear at this point. But we do already know a lot. On our website nieuwpensioenbijshell.nl, you can find all important information about the Future Pensions Act (Wtp), the latest developments and possible future scenarios.

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