Shell pours €2bn into pensions, ups contribution rate to 32%

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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...

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