159 employees reported this benefit
Shell's Pension Plan and Employee Savings Plan (401K) are both components of the Shell Retirement Plan.
The retirement plan has a Shell Advantage Medicare Plan
They had a retirement or pension plan.
Pension worth 60 percent of final years compensation, best in industry. Stopped for new hires in 2013, replaced with a pension not as rich, but still very nice.
Lump sum given at retirement
There is not a retirement plan
Excellent pension program 75-80% last 3yr avg salary
Pension benefits are the best I've heard of in the Oil & Gas industry, which are better than any I've heard of in any other industry in the U.S.
Offers pension plan. Offered two different path when I jointed.
Shell shifted from a point system where the company seemed to contribute more benefits, to a 401k w/small match + small pension. In general, newer employees seem to wish they'd received the 80 point plan. I do not have the specifics as I write this.
Retirement plan is good, if you are lucky to stay long enough to accumulate points and retire from Shell...