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Factsheets

The following factsheets give you additional information about situations that may affect you as a member of the SCPF.

Factsheets for active and deferred members

Annual Allowance and Lifetime Allowance

The following factsheets are designed to advise members of the Shell Contributory Pension Fund (SCPF) about the current Annual Allowance rules and the ‘Scheme Pays’ option available in some circumstances if they believe that they are subject to an Annual Allowance tax charge.

SCPF Annual Allowance factsheet


Annual Allowance Charge - Scheme Pays Option factsheet

New Lump Sum Allowance factsheet

Scheme Pays Quote request

Absence

This factsheet provides information for members of the SCPF on the effect of various types of absence from work on SCPF pension benefits.

Absence from work factsheet

Base Country

This factsheet is for UK base country employees in the SCPF or SOCPF

Base Country Factsheet

Ill Health

This factsheet is for Deferred members who would like to take their pension early due to ill health.

Deferred Ill Health Factsheet

Opting Out

This factsheet provides information you should consider before making a decision to opt out of the SCPF.

Opting out of the SCPF factsheet

Part-time working

This factsheet provides information for members of the SCPF on the effect of a change in contractual hours has on SCPF pension benefits.

Part-Time Working factsheet

Pensionable Shift pay

This factsheet provides information for members on the effect pensionable shift pay has on pension benefits.

Pensionable Shift Pay Factsheet Post 09

Pensionable Shift Pay Factsheet Pre 09

Adult Dependants

These factsheets offer guidance for individuals who do not have a Qualifying Spouse who wish to request that someone be considered for an Adult Dependant’s pension upon their death.

SCPF Adult Dependant factsheet for active members

SCPF Adult Dependant factsheet for deferred and pensioner members

Divorce

This factsheet contains details of your options if you divorce or your civil partnership is legally dissolved.

SCPF pensions on divorce factsheet

Transfers

This factsheet contains the information you should read if you are leaving Shell and considering transferring pension benefits out of the SCPF.

Transfers out of the SCPF factsheet

Pension Scams

When considering transferring your SCPF benefits, be aware of pension scams, take your time, do your research and never be pressured into making a hasty decision about your pension. Be ScamSmart, visit the FCA’s website for information on what to look out for: https://www.fca.org.uk/scamsmart

Factsheets for pensioners

Guaranteed Minimum Pension

If you were a member of the SCPF before 5 April 1997, you will have a Guaranteed Minimum Pension (GMP) element to your pension. This factsheet explains what the GMP is and how this affects you.

GMP Factsheet

Living outside the UK

If you are living outside the UK, or are considering moving abroad, there are several aspects to consider in connection with your SCPF pension. This factsheet aims to give you the information you need together with the answers to frequently asked questions.

Living outside the UK factsheet

AVCs Factsheets

Manage Your Account

This factsheet provides details of how you can manage your AVC account online, including making changes to your investment choices.

AVCs Manage Your Account factsheet

This factsheet gives an update from Legal & General on their bonuses for the year ending 31 December 2019.

Legal & General Bonus Declaration

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