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
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders