NETHERLANDS - Royal Dutch Shell contributed €2bn (US$2.8bn) into its pension fund in the second quarter, bringing the solvency level to the 105% required by the pension regulator.
In the Shell Pensioenfonds newsletter released yesterday, the scheme said the payments were in addition to a steep jump in the company's contribution rate to 32.1% as of July1, up from 23.6% in Jan...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
