SNPS receives approval from DNB to transition to the new pension scheme as of January 1, 2026
Due to new pension regulations, everyone in the Netherlands will receive a new pension — including Shell employees. To reassure you: your pension will remain lifelong. And because SNPS’s current pension is already largely based on the principles of the new pension law, much will stay the same.
Following the submission of its implementation plan at the end of December 2024, SNPS entered into an intensive and constructive process with De Nederlandsche Bank (DNB). During this process, SNPS demonstrated that the transition to the new system as of 1 January 2026 can be carried out in a sufficiently balanced, fair and controlled manner. DNB has reviewed all the information and decided that SNPS may proceed with the transition.
Your new SNPS pension will take effect on 1 January 2026.
The new SNPS pension rules are explained on CARE.