{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"A Guaranteed Minimum Pension 
(GMP) equalisation update","text":"Learn about SCPF's GMP equalisation: addressing gender-based pension differences, system updates, and modest uplift payments.","links":[{"name":"A Guaranteed Minimum Pension 
(GMP) equalisation update","value":"https://pensions.shell.co.uk/source/scpf/pension-news/a-gmp-update.html"}],"image":{"src":"https://pensions.shell.co.uk/source/scpf/pension-news/a-gmp-update/_jcr_content/root/metadata.shellimg.jpeg/1760539387223/scpf-a-guaranteed-minimum-pension-gmp.jpeg","alt":"Energy Users in Travel, 2021","width":3840,"height":2160}},"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://pensions.shell.co.uk/source/scpf/_jcr_content/root/header/inherited.model.json","id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://pensions.shell.co.uk/"},{"name":"Welcome to the Source","value":"https://pensions.shell.co.uk/source.html"},{"name":"SCPF","value":"https://pensions.shell.co.uk/source/scpf.html"},{"name":"Pension news","value":"https://pensions.shell.co.uk/source/scpf/pension-news.html"},{"name":"A GMP Update","value":"https://pensions.shell.co.uk/source/scpf/pension-news/a-gmp-update.html"}]},"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader","color":"inherited","model":{"title":"A Guaranteed Minimum Pension 
(GMP) equalisation update","image":{"src":"https://pensions.shell.co.uk/source/scpf/pension-news/a-gmp-update/_jcr_content/root/main/section/page_header.shellimg.jpeg/1760539248730/scpf-a-guaranteed-minimum-pension-gmp.jpeg","alt":"Energy Users in Travel, 2021","width":3837,"height":960}},"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section/page_header"},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section/text","model":{"text":"\u003Cp\u003EYou may have heard about Guaranteed Minimum Pension (GMP) equalisation from other pension providers or in news articles. The background is that a landmark pensions case has decided that pension benefits should be adjusted for historical differences in how 
men and women’s pensions were built up under legislation.\u003C/p\u003E\r\n"}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section","model":{}},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"PromoSimple.Text","color":"brand1","colspan":10,"colstart":2,"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section_2093899267/text","model":{"text":"\u003Cp\u003E To complete this work, we will need to compare each member’s benefits with those that they would receive if they were the opposite sex, on a year-by-year basis.\u003C/p\u003E\r\n\u003Cp\u003ETackling this complex work will involve making changes to our administration system which is a challenge a lot of schemes are facing. We're implementing new administration software which will perform these calculations as well as improving a number of other administrative functions but this will take time.\u003C/p\u003E\r\n"}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section_2093899267","model":{"title":"Navigating a complex process"}},{"organism":"Container.Section","color":"inherited","children":[{"organism":"PromoSimple.Text","color":"brand1-subtle","colspan":10,"colstart":2,"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section_1730564494/text_copy","model":{"text":"\u003Cp\u003EThere’s nothing you need to do while we carry out this work. Once we have completed the necessary calculations, we’ll contact you if anything is due to you. 
Any uplift payments will be modest. No pensions will be reduced, and we expect that most members are already receiving the correct amount.\u003C/p\u003E\r\n\r\n\u003Cp\u003EThe new GMP equalisation project will take some time, so we’ll provide a progress update in the Source next year.\u003C/p\u003E\r\n\r\n\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-solid","colspan":10,"colstart":2,"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section_1730564494/text","model":{"title":"GMP jargon buster","text":"\u003Cp\u003EGMP is part of the pension built up between 1990 and 1997 in schemes that were contracted out of the State pension. The amount of GMP and the way it increases over time is set by law.\u003C/p\u003E\r\n"}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section_1730564494","model":{"title":"What does this mean for me?"}},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"Container","children":[{"organism":"PromoCard","color":"brand1","colspan":4,"id":"/content/experience-fragments/shell/business/pensions/you-may-also-be-interested-in/master/jcr_content/root/promo_copy_copy","model":{"title":"SCPF funding position","links":[{"value":"https://pensions.shell.co.uk/source/scpf/funding-news/scpf-funding-position.html"}],"image":{"src":"/content/experience-fragments/shell/business/pensions/you-may-also-be-interested-in/master/_jcr_content/root/promo_copy_copy.shellimg.jpeg/1760539690036/a-group-of-men-in-hard-hats.jpeg","alt":"Green Canyon 19 platform, USA, 2024","width":3840,"height":2160}}},{"organism":"PromoCard","color":"brand1","colspan":4,"id":"/content/experience-fragments/shell/business/pensions/you-may-also-be-interested-in/master/jcr_content/root/promo_copy_copy_copy","model":{"title":"Guard against scams","links":[{"value":"https://pensions.shell.co.uk/source/scpf/pension-news/guard-against-scams.html"}],"image":{"src":"/content/experience-fragments/shell/business/pensions/you-may-also-be-interested-in/master/_jcr_content/root/promo_copy_copy_copy.shellimg.jpeg/1760539700926/a-butterfly-on-a-flower.jpeg","alt":"Shell Biogas butterfly","width":3840,"height":2160}}},{"organism":"PromoCard","color":"brand1","colspan":4,"id":"/content/experience-fragments/shell/business/pensions/you-may-also-be-interested-in/master/jcr_content/root/promo_copy_112974839","model":{"title":"A Message from Alan McLean","links":[{"value":"https://pensions.shell.co.uk/source/scpf/trustee-news/a-message-from-alan-mclean.html"}],"image":{"src":"/content/experience-fragments/shell/business/pensions/you-may-also-be-interested-in/master/_jcr_content/root/promo_copy_112974839.shellimg.jpeg/1760539709594/alan-mclean.jpeg","alt":"Alan McLean","width":3840,"height":2160}}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section_896162971/experience_fragment","model":{}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main/section_896162971","model":{"title":"You may also be interested in"}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/main","model":{}},{"organism":"Container.Footer","children":[{"organism":"Breadcrumb.Large","model":{"links":[{"name":"Home","value":"https://pensions.shell.co.uk/"},{"name":"Welcome to the Source","value":"https://pensions.shell.co.uk/source.html"},{"name":"SCPF","value":"https://pensions.shell.co.uk/source/scpf.html"},{"name":"Pension news","value":"https://pensions.shell.co.uk/source/scpf/pension-news.html"},{"name":"A GMP Update","value":"https://pensions.shell.co.uk/source/scpf/pension-news/a-gmp-update.html"}]},"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/footer/breadcrumb"},{"organism":"Container.Raw","ref":"https://pensions.shell.co.uk/_jcr_content/root/footer/inherited.model.json","id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/footer/inherited","model":{}}],"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content/root/footer","model":{}}],"id":"/conf/shell/settings/wcm/templates/base/structure/jcr_content/root","model":{}}],"model":{"title":"A Guaranteed Minimum Pension 
(GMP) equalisation update","text":"Learn about SCPF's GMP equalisation: addressing gender-based pension differences, system updates, and modest uplift payments.","links":[{"name":"canonical","value":"https://pensions.shell.co.uk/source/scpf/pension-news/a-gmp-update.html"},{"name":"errorUrl","value":"https://pensions.shell.co.uk/error.html"},{"name":"hierarchy","value":"en_gb/source/scpf/pension-news/a-gmp-update"},{"name":"homeTitle","value":"Shell Pensions in the UK"},{"name":"homeUrl","value":"https://pensions.shell.co.uk/"},{"name":"locale","value":"en-GB"},{"name":"title","value":"A Guaranteed Minimum Pension 
(GMP) equalisation update | Shell Pensions in the UK"},{"name":"textDirection","value":"ltr"},{"name":"template","value":"base"},{"name":"contentPath","value":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update"},{"name":"externalDisclaimerText","value":"Shell plc Legal Disclaimer\r\nYou are now leaving the Shell global website.\r\nThe link you have selected will direct you to a website that is not controlled by Shell plc or any member of the Shell Group. Accordingly, neither Shell plc nor any member of the Shell Group endorses, adopts, certifies or otherwise validates the information and material contained on the linked website. This includes its sponsor and any policies, activities or services offered on the site, by any advertiser on the site or linked to the site.\r\nThank you for visiting the Shell global website."},{"name":"themeMode"},{"name":"lastModified","value":"2025-10-15T14:43:22.167Z"},{"name":"themeName","value":"base"},{"name":"themePath","value":"/etc.clientlibs/amidala/clientlibs/theme-base"},{"name":"themeCss","value":"/etc.clientlibs/amidala/clientlibs/theme-base.ACSHASHb291465fc8d3c7bcefde74d34044b698.css"}],"image":{"src":"https://pensions.shell.co.uk/source/scpf/pension-news/a-gmp-update/_jcr_content/root/metadata.shellimg.jpeg/1760539387223/scpf-a-guaranteed-minimum-pension-gmp.jpeg","alt":"Energy Users in Travel, 2021","width":3840,"height":2160}},"id":"/content/shell/business/pensions/en_gb/source/scpf/pension-news/a-gmp-update/jcr_content"}