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Former Shell Executive Paddy Briggs speaks out on Shell pensions

SHELL LIVE CHAT POSTING BY FORMER ROYAL DUTCH SHELL EXEC, PADDY BRIGGS

Shell Pensioners in the UK will have received today a letter telling them that their pensions will go up by 0.9% w.e.f. 1st April 2009. To help the many thousands of Shell pensioners on pensions of £8000 per annum (or less) there is a calculation – your monthly pension will rise by about £6 per month (or less). Oh and for “Sir” Philip Watts and his ilk I can tell you that you will get rather over £500 per month more. Should help you keep the wolf from the door Phil. And the poorer pensioners I am sure will also welcome a rise than will help them buy nearly seven litres of unleaded a month at present Shell pump prices. Wow – what munificence.  

Patrick S Briggs  

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