The choices for your pension

At Shell your pension commences when you turn 68, but earlier, later or semi-retirement is also possible.

Which choices do you have?
You can let your pension commence from the age of 55. You make the following choices on your retirement date:

SSPF

  • additional pension until AOW
  • exchanging partner’s pension
  • higher or lower pension benefit

SNPS

Do you first want to see the consequences of your choices for your pension? You can calculate these with my-Flex planner on my-Shell pension, your personal portal. Log in easily and safely with your DigiD.

How can you arrange your pension?

  • Do you have a pension with SNPS? Then you should send us the form Earlier or later (part-time) retirement at least 6 months before you want to retire.
  • Do you have a pension with SSPF? Then you should tell us your choices at least 6 months before you plan to retire via my-Pension application at my-Shell pension.

My-Shell pension

You plan to retire at 68 years
In that case you do not have to make any arrangements beforehand. You will receive more information from us 6 months before your retirement date in which we explain to you how to apply for retirement and what other actions you need to take.

You plan to retire earlier
From age 55 you can take early retirement, but bear in mind that we will have to pay out your pension over a longer period of time, so your monthly pension benefit will be lower. Please note: if you retire more than 5 years before your AOW age (state old age pension) this may have fiscal consequences. It is advisable to seek advice from a tax expert on this. You can find your AOW age and more information about the AOW at SVB.nl.

You plan to retire later than 68 years
You can defer your retirement date until you turn 70 years. You will accrue pension as long as you are working with Shell. Consequently, your monthly pension benefit will be higher. Deferring your retirement date is only permitted in consultation with your employer.

You plan semi-retirement
Semi-retirement is possible as of 55 years. You will continue working and accruing pension for one part and retire for the other. You should arrange this in consultation with your employer.