AOW bridging pension

Early retirement? If you are going to retire before AOW age (state retirement age), you will not receive state retirement benefits from the government. An option is to increase the AOW bridging pension: benefits until your AOW date.

How does the AOW bridging pension work?

You accrue your own capital for your pension with us. You will need to make a number of choices regarding the payment of your pension benefits. For example, you can opt for the AOW bridging pension scheme here:

The AOW bridging pension scheme is only possible with a variable pension.
You will then use part of the capital for your pension to effect AOW bridging. This is possible only if enough remains for your retirement. You should still be able to buy a benefit of at least € 632,63 bruto per jaar (2026) with your capital. This is the commutation limit.
You choose the amount of your benefit at the start. And when the benefit starts.
The maximum amount of the benefits at the start is € 28,757.28 gross per year (2026).
The AOW bridging pension scheme is variable. We increase or decrease the benefit each year by the result of the investments.
We determine the period for bridging based on the state retirement age that applies to you at that time. If that age is raised by the government after that. Then you may have less income between the age we assumed and your actual state retirement age. You can check your state retirement age at svb.nl(opens in new window).
Your AOW bridging pension can only start when you fully retire. It cannot be combined with part-time retirement.
You will make the choice together with your partner.

Read all the conditions in the pension regulations (pdf)(opens in new window).

Variable pension

In the year you turn 58, you will be asked to provisionally choose between a fixed or variable pension. You will make your final choice when you retire. You can arrange a fixed pension yourself with an external insurance company. We call the variable pension Collective Variable Pension (CVP).

You arrange the AOW bridging pension through us

We are also happy to calculate what this means for your pension. The AOW bridging pension is not available in my-Shell pension. Please get in touch via the contact page.

Are you divorced?

Then you may have agreed that your former partner is entitled to part of your pension. For that part, you cannot buy an AOW bridging pension.

Pension at Shell

Find out everything about your pension plan at Shell Netherlands Pension Fund (SNPS).

Your pension at SNPS

Are you working at Shell? And did you enter service after 1 July 2013? Then you accrue pension with Shell Nederland Pensioenfonds Stichting (SNPS).

Pensioen 1-2-3 SNPS layer 1 and 2

Layered information about your pension. Pensioen 1-2-3 contains the pension regulations in a more simple language. Layer 1 is a short summary, layer 2 is a more eleborate description and layer 3 contains the official documents.

Downloads SNPS

Pensioen 1-2-3 contains the pension regulations in a more simple language. Layer 1 is a short summary, layer 2 is a more eleborate description and layer 3 contains the official documents. You are now at layer 3. You can also go (back) to layer 1 and 2.

What is a pension?

Your pension is your income for later. Your income after retirement can consist of 3 parts: State retirement pension (AOW) – a benefit from the government. The pension you build up through your employers (Shell and any previous employers). The pension you arrange yourself, for example through an annuity or savings.

Insight in your pension

Always access. Via my‑Shell Pension, you always have access to your pension information.

Collective Variable Pension

What is Collective Variable Pension? You will preliminary choose a fixed or variable pension at age 58. In addition, we also adjust benefits for your partner and children after your death with the results of the CVP. Those results are more than just investments. On this page, you can read all about your choice and how the CVP works.

Transfer of accrued pension rights

Did you have another employer before you started working for Shell? And did you accrue pension through that employer or other employers? If so, you could ‘transfer’ this pension to us, Shell Nederland Pensioenfonds Stichting (SNPS). We call this a transfer of accrued pension rights. You can do so at any time. But many people think about this carefully when they change jobs. You can ask your new pension fund or insurer to have the value of your pension transferred. We also call it: pension provider.

Your pension overview

Please note: this page is about the standard pension overviews. Are you accruing a pension with SNPS or participating in the Net Pension Plan? Then you will receive different overviews this year around the transition to the new pension scheme. You can read all about it in the news item .

Newsletters

Our newsletters keep you informed of your pension and your pension fund. Find the most recent editions below. Would you like to receive them directly in your mailbox? Then simply submit your private email address through my‑Shell Pension.

New employee

Welcome to Shell! You will accrue pension via Shell Nederland Pensioenfonds Stichting (SNPS). The pension scheme is tailored to the choices that you make. Shell, the employer, and you pay a contribution every month. We invest this contribution for you. By doing this, you accrue your own capital for your pension.

Retiring soon

Your retirement is getting closer. There are a number of choices you can make when your retirement is getting closer. Read more about this on this page.

Your pension benefit

When will you receive your pension? If you live in the Netherlands you will automatically receive a monthly pension benefit once your pension application has been finalised. You do not need to do anything yourself; Are you living abroad? If you live abroad you have to deal with other regulations To receive your pension benefit, you will need to submit a ‘Life Certificate’ once a year.

Pension abroad

Payment to a foreign country. We can also pay your pension into a foreign bank account if you live abroad. It often involves additional fees from the bank. If so, we will share those costs with you and deduct them from your benefits.

Overview

Choices for your pension