Taking leave

The pension you receive depends on your salary. Are you planning to take leave? For example, extended post-birth leave or a sabbatical? Then your salary will usually be lower and you will accrue less pension.

Think about whether you want to change your flexible contribution before or after your leave

Shell will pay a contribution equal to 21% of your salary. Your employee’s contribution will be added to your flexible contribution: your fixed contribution is 2% and your flexible contribution is 5% by default. You choose whether to increase or reduce this flexible contribution: from a minimum of 0% to a maximum of 7%. You will not accrue pension on the hours for which you take leave. In this situation, you could choose to increase your flexible contribution before or after your leave.

You can change your flexible contribution at any time via Shell’s Workday(opens in new window) system (view the manual (pdf)(opens in new window)). Your fixed contribution will continue to be 2%. If you do not do anything, your flexible contribution will continue to be 5%. Would you like to know how a different flexible contribution would affect your pension? Or what the impact is on your gross income? Then use the calculation tool. You cannot change your contribution in my‑Shell pension.

Check the other consequences

the pension for any partner and children you have will not change when you take leave. But these insurances will stop after 18 months.

If you take leave because of the birth of your child, you will sometimes be entitled to a benefit. Are you receiving a benefit? Then you will not be paid a salary and you will not accrue any pension. If you have no salary, or less salary, there may be other consequences too, e.g for your supplements. Discuss this with HR or a financial adviser.

Do you start to have an incapacity for work while you are on unpaid leave?

And do you become entitled to waiver of contribution as a result? Then we will base this on your salary before you took leave. And how many hours you were working before you took leave. Read more about the waiver of contribution on the page about incapacity for work.

Your situation changes

Read how a change in your situation affects your pension.

Leaving Shell

Leaving Shell employment? Your pension accrual with Shell Pension will stop, but you will remain entitled to the pension you have already accrued.

Working more or less

Are you going to work more or less? Your salary will change and this will have consequences for your pension accrual. Even if you are going to work more or less temporarily.

Working abroad

Are you going to work abroad for Shell? Your pension accrual may change. Will the Netherlands still be your Base Country? Then you will continue to be a participant of Shell Pension. However, you will only accrue AOW benefit if you are living in the Netherlands.

Incapacity for work

Do you have an incapacity for work? Then Shell will, firstly, continue to pay the salary and pension contributions applicable before your incapacity for work. Your pension accrual will continue. Often, you will leave the employment of Shell partially or in full after 2 years. What happens if you then start to receive a benefit? Then there will be consequences for your pension accrual. Read more about this on this page.

Death

Your pension scheme on death. Our pension scheme offers different types of pension for your partner and children. On this page you can read about them, how they are arranged by default and the choices you have.

Separating

If you separate. You will make agreements with your former partner and record them in writing. These agreements will include agreements about your pension. Read more about this on this page. You will also read which documents we need from you. This depends on your situation and the agreements you have made.

For your partner

Pension for your partner? With or without a cohabitation contract, married or registered partners. Your partner will often be entitled to a partner’s pension if you die while you are in the employment of Shell. See this page for information about what to do to arrange this and how it works.

Children

Insurance for your children. As a parent, you obviously want the best for your children. Especially if something happens to you. That’s why we offer your children an orphan's pension: if you die before your retirement date and are in our employment at the time, your children will receive a benefit.

Moving house

Are you moving house? If you move within the Netherlands, we automatically receive your new address from your local municipality. This does not apply if you move abroad or within another country. Got a new phone number or email address? Please let us know.

Overview

Choices for your pension