The following examples are based on Regulations VI, as applicable from 1 January 2015.

Example 1:

You are 60 years of age and have been in Shell employment since you were 25. You are working full time (100%), 5 days per week and your salary is EUR 55,000 per annum. You have accrued 35 pension years. You want to reduce your working days to 4 per week, so your part-time percentage will be 80%. In addition you want to take 20% part-time retirement.

Continue working 100% until age 67 Continue working 80% until age 67 Continue working 80% until age 67 and part-time retirement
Working hours 100% 80% 80%
Salary 1 55,000 80% x 55,000 = 44,000 80% x 55,000 = 44,000
Pension income
up to age 67
(part-time pension)
none none 3.700
Pension income
from age 67
(retirement pension)
33,600 32,400 30,500

All amounts are rounded off to the nearest 100 euros

1 salary = 12 times your monthly salary plus the lump-sum payments in April and/or December

Example 2:

You are 60 years of age and have been in Shell employment since you were 25. Your full-time salary is EUR 55,000 per annum. Your part-time percentage has been 80% since your 58th birthday. You want to reduce this to 60% and take part-time retirement now.

Continue working 80% until age 67 Continue working 60% until age 67 Continue working 60% until age 67 and part-time retirement
Working hours 80% 60% 60%
Salary 1 44,000 60% x 55,000 = 33,000 60% x 55,000 = 33,000
Pension income
up to age 67
(part-time pension)
none none 4,500
Pension income
from age 67
(retirement pension)
32,200 31,000 28,700

All amounts are rounded off to the nearest 100 euros

1 salary = 12 times your monthly salary plus the lump-sum payments in April and/or December.

Example 3:

You are 60 years of age and have been in Shell employment since you were 25. Your full-time salary is EUR 55,000 per annum. Your part-time percentage has been 80% since your 58th birthday and you take 20% part-time retirement. You now want to reduce your working hours further. You want to reduce your part-time percentage to 50% until your retirement at 67 years of age and you want to increase your part-time retirement percentage.

Continue working 80% until age 67and part-time retirement Continue working 50% until age 67, no change in part-time retirement percentage Continue working 50% until age 67 and a higher part-time retirement percentage
Working hours 80% 50% 50%
Salary 1 44,000 50% x 55,000 = 27,500 50% x 55,000 = 27,500
Pension income
up to age 67
(part-time pension)
3,100 3,100 8,600
Pension income
from age 67
(retirement pension)
30,100 28,300 25,400

All amounts are rounded off to the nearest 100 euros

1 salary = 12 times your monthly salary plus the lump-sum payments in April and/or December

January 2015

More in What are your options?

Temporary pension

If you take early retirement before your AOW age, as it applies on the retirement date, you may opt for a temporary retirement in order to bridge the lack of AOW. This is paid out of your accrued retirement pension. It will be paid out until you reach your AOW age.

Pensioen 1-2-3

You can download Pensioen 1-2-3 by clicking on the image. After that, you can print out the PDF easily.