Pensioner Liaison Representatives
We can now advise that the consultation with the Pensioner Liaison Representatives (PLR) has now been concluded and the decision to close the PLR network in June has been reconfirmed.
Discussions with the Shell Pensioners Benevolent Association (SPBA) about the future of benevolence beyond the lifetime of the PLR network are continuing and a potential new model is under investigation. Pensioners will be advised of the details of the new scheme as soon as we are able to do so. In the meantime, pensioners are welcome to continue to reach out to their PLR should they need assistance.
Taxation Of Overseas Pension Schemes
In December 2016, the UK Government published draft legislation affecting how benefits paid from overseas pension schemes, such as the Shell Overseas Contributory Pension Fund (SOCPF), will be taxed from 6th April 2017. If you are a SCPF member who also has benefits in the SOCPF you can read further information on the SOCPF News page. If you haven’t already done so, you can register to receive updates by e-mail at www.sp.pensioncomms.info.