Your pension, your future
Love your future. Shell Pension.

November 2020

SNPS. Smarten up your future
Annual Report 2020 – Shell Nederland Pensioenfonds 

Mission, vision and strategy

The mission of SNPS is to provide our participants with opportunities to achieve their personal retirement goals.

The vision of SNPS is to operate pension schemes in an innovative, transparent and competitive manner in the interest of our participants. In doing so, we want to enable our participants to make informed decisions about their future income.

SNPS (Shell Nederland Pensioenfonds Stichting) is responsible for the administration of two Shell contribution schemes for employees with the Netherlands as their base country. The Gross pension scheme is for employees who are newly employed as of 1 July 2013. In addition, you can build up a pension in the SNPS Net Pension Scheme if your salary is above the statutory tax maximum.

Purpose of the policy

The purpose of the Pension Fund is to administer the SNPS pension schemes, and in connection to that, to provide or arrange for the provision of pensions. For the monthly accumulation of pension capital, the employer makes a contribution available. The content of the pension schemes is determined in the terms of the employment agreement between employer and employees and is then laid down by the pension fund in the pension agreement.