If you become unfit for work due to illness or disability
If you become unfit for work, and as a result your employment is completely or partially terminated, you may be eligible for a disability pension. For participants working in the Netherlands, the degree of incapacity for work is determined by the UWV. For participants working outside the Netherlands, the degree of incapacity for work is determined by an independent physician and an occupational health expert on the basis of the regulations and guidelines of the WIA.
Accrual of pension entitlements
While the disability pension is being paid, your retirement pension continues to accrue until the last day of the month in which you become 67. You are not required to pay any contributions towards this. Your retirement pension commences when you reach 67.
If you have a pensionable salary that exceeds the permissible tax threshold and you become unfit for work due to illness or disability, from that moment on you no longer accrue pension above this threshold.
You may participate in the Shell net pension scheme to ensure continued pension capital accrual, also on the portion of your income above this permissible tax threshold as well, in the event of incapacity for work.
The disability pension amounts to:
- 100% of your pension base salary up to the 100% on scale of salary group 6 (level 2016: EUR 68,900)
- 70% over the portion of your Pension basis above this threshold
1 February 2016
Statutory disability benefits
If you are eligible for a statutory disability benefit, pursuant to the WIA, you are required to apply for it. You apply to the UWV (Institute for Employee Benefit Schemes (Uitvoeringsinstituut werknemersverzekeringen)), which operates the WIA benefits.
The Pension Fund is notified monthly about the benefit percentages and deducts any statutory disability benefit from your Shell pension benefit, for as long as you receive it.
If you become partially disabled and as a result your employment is partially terminated, you receive a disability pension from SSPF. The level of this pension depends, among other things, on the incapacity for work percentage.
For participants who become partially disabled, pension contributions continue to be paid by the Pension Fund, on the basis of the incapacity for work percentage (premium waiver).
You can find detailed information about this subject in the SSPF Regulations.