Your pension overview (UPO) is now available
Each year you receive a Uniform Pension Overview, or UPO, from us.
View the overview of your pension
The UPO tells you how much pension you have accrued with Shell. And which insurance has been arranged for your surviving relatives in the event of your death. In my-Shell pension we have collected all important information on your pension. There you find your UPO too.
Or consult the special page for more information.
Additional explanation for participants of SNPS (start employment on or after 1 July 2013 or participating in the Shell Net Pension Scheme).
Your expected SNPS pension may have increased
Your Uniform Pension Overview shows you how much pension capital you have accrued until 1 January 2023. And how much pension you are expected to accrue. You also see an estimate of how much pension you are expected to receive from the pension fund in the future. The expected level of your pension in this UPO is based on scenarios from the Dutch Central Bank (DNB). The scenarios are based on a set of future economic expectations. The interest rates have increased significantly in the past months. Along with that, the expected future returns have increased and more pension can be purchased with the saved pension capital. As a result of this, your expected pension may also have increased compared to last year.
It is not fixed how much pension you will ultimately receive
The value of the investments may change. Read more about this on our special page about the UPO.
The fiscal limit for participation in the Net Pension Scheme has changed with effect from 1 February 2023
You participate in the Shell Net Pension Scheme if your salary exceeds the fiscal limit. This limit has increased in 2023. This means that in the gross pension scheme your pension contribution will be higher while in the Net Pension Scheme it will be lower. This has not been processed in the 2023 UPO yet, but you will see this in the forecasts at my-Shell pension.
- Do you participate in the SSPF gross pension scheme (employed before 1 July 2013)? Then you will participate in the Net Pension Scheme in 2023 if you earn more than € 119,278,-.
- Do you participate in the SNPS gross pension scheme (employed on or after 1 July 2013)? Then you will participate in the Net Pension Scheme in 2023 if you earn more than € 113,995,-.