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14 November, 2005
A compromise was reached in the pension dispute at Shell Nederland that nearly shut all operations of the company in Holland, including the giant gas fields and plants of NAM Nederland BV, the joint venture between Shell and ExxonMobil.
ICEM affiliate FNV Bondgenoten and Christian union CNV Chemie en Energie reached the compromise on 3 November, three days after shutdown procedures began at the Pernis oil refinery in Rotterdam and a petrochemicals plant in Moerdijk. Workers at Shell and NAM won through their unions an agreement that the early retirement age would stay at 60, while pension contributions by workers would not exceed more than 2% annually.
Some 10,800 Shell and NAM employees are covered under the pension scheme.