Shell Pension Funds join Netspar Knowledge Network
On December 1, 2021, Netspar welcomes Stichting Shell Pensioenfonds (SSPF) and Shell Nederland Pensioenfonds Stichting (SNPS) as partners to the Netspar network. Through the collaboration, SSPF and SNPS are fulfilling their ambition to further improve the implementation of the pension schemes on the basis of the latest scientific insights, while making use of the knowledge and experience of leading experts. These are the network’s first company pension fund members, thereby expanding its reach and giving it even broader research and knowledge-sharing opportunities.
Kenan Yildirim, General Manager of Shell Pension Bureau Netherlands:
“Shell is pleased to be joining in the knowledge development, knowledge sharing and network development activities of Netspar. Both boards strongly believe in data-driven decision-making based on scientific insights. We have a specific interest in Netspar research in innovation in communications and data science.”
Netspar General Director Marike Knoef:
“We are happy about having the Shell funds join our network because these are the first company funds to become part of Netspar. They are leading the way in terms of choosing their own solutions. Both of these funds have a great deal of expertise on and experience with the Improved Defined Contribution Scheme and will therefore make a valuable contribution to our knowledge network.”
About the Shell Funds
SSPF handles the pension plan for current and former Shell employees who were hired before July 1, 2013, and have the Netherlands as their base country. The fund administers the pension benefits for almost 19,000 pensioners and has more than 32,000 active members. It manages some 31 billion euros in investment assets (2020 figures). SNPS is responsible for administering two Shell defined contribution plans for current and former employees who have the Netherlands as their base country and who were hired on or after July 1, 2013. The fund has almost 10,000 members and pensioners. It manages some 305 million euros in investment assets (2020 figures).