New pension at Shell
The Future Pensions Act (Dutch:Wet toekomst pensioenen or Wtp) came into force on 30 May this year, after the approval by the Dutch Senate. As the social partners, the Central Works Council (Dutch: Centrale Ondernemingsraad or COR) and Shell Netherlands (SN) initiated the negotiations to agree on a new pension scheme and the transition to reach it. As a representative association of pensioners and former Shell employees, Voeks has a statutory right to be heard.
Watch the video from the COR Chairman
On our website nieuwpensioenbijshell.nl, you can find all important information about the Future Pensions Act (Wtp), the latest developments and possible future scenarios. You can also watch the COR Chairman's video message about the negotiation process to reach the new pension scheme.
This is what will happen in the coming months
The expected timeline:
- August – September: negotiations between SN and COR to reach a preliminary agreement / outline agreement.
- November: formal publication of the proposal by SN.
- December: formal vote of the COR. Around the same time, SN will share the final proposal with the pension fund for review on law, feasibility and balance for all participants.