Transition starting on 1 January 2026

  • 1 December 2025

SNPS has decided that the transition to the new pension system will be implemented as scheduled. This means that SNPS will transit to the new scheme from 1 January 2026, in line with the legal requirements and previously communicated schedule. You will also be personally informed about this via my-Shell pension.

You will receive an overview of your expected pension under the new scheme.
The calculation that you will soon receive is provisional and based on the amount in your pension pot as of 30 September 2025. At my-Shell pension, you can view the current status of your pension pot. The amount shown there is real-time and therefore cannot be compared with the calculation in the overview.

Here’s what you need to know about this overview.

  • Did you join Shell before 1 July 2013?
    The overview that you are about to receive, only applies to the Shell Net Pension Scheme. You also participate in the SSPF scheme. This scheme will change from 1 January 2027. In 2026, you will be informed in further detail about future changes.
  • Did you join Shell on or after 1 July 2013 and do you participate in the net pension scheme?
    If that’s the case, you will receive 2 overviews: an overview of your expected gross pension under the SNPS scheme and an overview of your expected net pension under the net pension scheme.

In April 2026, you will receive a final overview of your expected pension under the new scheme.
You will be able to view this final overview at my-Shell pension as of then.

How does the new scheme work?
Many things will remain the same for you, but what does change? The key points of the new scheme are explained on our Shell Pension CARE website.

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