Shell Net Pension Scheme
The Shell Net Pension Scheme is a voluntary scheme for building up pension entitlements above the tax threshold of approximately €120,000. Due to the new Pension Act (Wtp) in The Netherlands, the Net Pension Scheme is also changing.
Under the Shell Net Pension Scheme, you accrue pension entitlements on your salary above the statutory tax threshold of your scheme. The government has set a tax limit within which pension can be accrued from gross salary. For income above this threshold, pension savings can only be made from net income (after income tax). Shell Pension offers the Shell Net Pension Scheme for this purpose.