The information contained in the Consolidated Retirement Benefits statement also known as “Multi Pension Statement (MPS)” is for informational purposes only and is solely intended to inform you of benefits provided through the SLB plans. The benefit amounts reflected in the statement are based on your status under each of the plans as of the dates recorded against each scheme. The actual benefits you are entitled to receive in the future will vary from these amounts according to your age, service, earnings, future Company contributions to the plans and the elections you make concerning your own contributions.
Future retirement benefit accruals, as well as future investment returns (or losses) on your cash accumulation plans assets are not reflected in this statement. For information on subsequent accruals under any of the plans, please contact the Employee Services benefits team that administers the plans in which you are currently participating.
All the retirement benefits described in this statement are subject to the terms and conditions of the respective plan and governing legislation. All figures stated are gross and may be subject to any applicable taxes.
Please note that all figures are subject to the confirmation of the Record Keepers of the plan.
The Multi Pension Statement (MPS) provides a current snapshot of your accounts in the “Benefits Accrued to Date (2D)”. It displays your accrued balances for each plan as of the latest data upload date. All figures reflect the value of your SLB savings and retirement plan accounts up to that date.
Please note that any contributions or investment performance after the last data update will not yet appear in the statement.
The “Benefit Projection (3D)” tab allows you to estimate your potential future retirement balances. The projection uses default assumptions based on current rates and plan rules to estimate benefits at a selected retirement date.
Projecting benefits is complex, especially over longer time horizons, requiring numerous assumptions to be made. We have tried to simplify this for you by pre-populating fields where possible and setting default values that reflect the prevailing rates and most elected plan options. However, you also have the option to customize the projection to a high degree by amending input assumptions such as retirement age, contribution rates, salary growth, investment returns etc., and output assumptions (where applicable) such as annuity rates, amount of profit sharing to convert pension, drawdown durations etc.
We have created a user guide to help you to get the most out of the new functionality.
Multi Pension Statement 3D User Guide
Note: A new retirement projection experience will be introduced soon. In the meantime, projections may not reflect the latest assumptions or social security limits. Further updates will be shared shortly.
The currency rates used in the benefit statement are provided by Schlumberger on a quarterly basis.
The conversion rates were last updated on 28/02/2026 and are shown below:
| USD - GBP | 0.7400 |
| USD - EUR | 0.8490 |
| EUR - GBP | 0.8716 |
| EUR - USD | 1.1779 |
| GBP - USD | 1.3514 |
| GBP - EUR | 1.1473 |
Your SLB retirement benefits are comprised of two types of plans that differ according to the way benefits are payable at retirement.
- Annuity-based plans (Defined Benefit) pay periodic benefits in the form of monthly or quarterly annuity payments. The total payments per annum are shown on the benefit statement.
- Cash accumulation plans (Defined Contribution) typically pay benefits in the form of a lump sum cash payment. Alternatively, you may use the cash to provide you with periodic payments over the course of several years. Some of the plans may include provisions for converting the lump sum payment into an annuity prior to distribution; in other cases, you would need to purchase an annuity yourself on the open market.
Normal retirement age is the age at which you can begin receiving an unreduced pension from the plans. Normal retirement age is defined by the rules of each plan and varies among the assignment areas.
The statement will show the benefits available at normal retirement age unless you are already older than the schemes normal retirement age, in this case benefits will be shown assuming they are taken right away.
Below is the list of Saving and Retirement plans included in the MPS. If you have accrued balances in any of these plans, they will appear in your MPS statement:
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IS Benefits
- IS Pension Plan (ISPP)
- IS Profit Sharing (ISPS)
- Additional Voluntary Contributions (AVC)
- IS Defined Contributions (ISDC)
- International Retirement Savings Plan (IRSP)
-
Geomobile Benefits
- Geomobile Pension Plan (GMPP)
- Geomobile Retirement Savings Plan (GRSP)
-
US Benefits
- US Savings & Retirement Plan (US PS)
- US Pension Plan (US PP)
- US Abroad Savings & Retirement Plan (USAB PS)
- US Abroad Pension Plan (USAB PP)
- Canada Retirement Benefits
-
UK Benefits
- Schlumberger UK Pension Scheme (Blue Section)
- SLB UK Retirement Savings Plan
-
France Benefits
- French ARRCO & AGIRC/ PERCO Schemes
The portal also allows you to manually add any personal Defined Contribution or Defined Benefit plan you may have by using the “Add Manual Plan” button.
If you have balances in any pension schemes covered under the MPS that were not included in your report, please contact the BACO Department, and a Benefit Advisor will be able to assist you.
ESM
Please contact BACO via ESM.
BACO Hotline
+971 (0) 4 274 2200
Mon to Fri, 9am- 6pm Dubai Time
Balances are updated twice a year, and the BACO team will notify you once the update has been completed based on the available data for each respective plan.
Please note that clicking a plan within the “Benefits Accrued to Date (2D)” section opens a detailed breakdown of that plan’s balance, including the latest data upload date for each plan.
Please note that clicking a plan within the “Benefits Accrued to Date (2D)” section opens a detailed breakdown of that plan’s balance (e.g. employer vs. employee contributions, vesting status, etc.), along with links to the plan Scheme documents.
Please note that clicking a plan within the “Benefits Accrued to Date (2D)” section opens a detailed breakdown of that plan’s balance. This section also includes the relevant support contact information. For example, the BACO Department handles IS Benefits inquiries, while the NAM Benefits Team can support with questions related to the US and USAB plans. Each plan’s ‘Contact Details’ page lists the appropriate administrators.
First, verify the effective date of the balances shown on your statement. Each plan’s balance is updated at least twice a year, and the 2D view reflects data only up to the most recent update. If a recent contribution or accrual is missing, it will appear after the next scheduled data upload.
If an eligible plan is missing from your statement entirely (and you know you should have a balance in it), or if any of the listed balances seem incorrect, please reach out to the plan administrator using the contact details provided to verify your balance for that plan.
For security reasons, this Multi-Pension Statement (MPS) application is accessible via single sign on from within the SLB Network (SINET) only, and it is open to users who are currently employed by SLB.
clarity have been delivering bespoke, fee based financial education and advice for over 10 years. Built on the principles of independence, honesty and integrity, we deliver a range of services that allow people to educate themselves about, plan for and manage their financial affairs.
All of our team are qualified to a very high level and are committed to delivering a first-class, impartial service to all of our individual clients as well as the organisations that we help, such as businesses, charities, schools or trusts.
Firewalls
The portal is protected by firewalls which block unauthorised entry. Firewalls are selective barriers which permit only specific types of traffic through to our systems.
Data encryption
The portal is hosted on a secure, 256-bit encrypted server with a DigiCert EV SSL certificate installed. This means that all your online activity with clarityONLINE is encrypted from the point that clarity website information leaves your computer until it enters clarity.
How and when data is backed up
The MPS Portal runs in a high availability configuration with the master and backup residing in different zones, each with independent power, cooling, and network connectivity.
A complete encrypted backup of each database takes place automatically every 24 hours. Automated backups of a database occur daily during the assigned daily backup window (22:00–06:00 UTC). If the backup requires more time than allotted to the backup window, the backup continues after the window ends until completed.
During the automatic backup window, the backup is taken from the standby database server as this requires no down time for the service.
A complete backup of all production data will take place in advance of all system updates, maintenance and quarterly data updates.
Each encrypted backup is stored for 14 days after which it will be permanently deleted.
How client data is restored
In the event of a critical failure impacting the database, we will endeavour to restore your data from the latest backup within one working day.
Changes and review of this policy
The backup policy is reviewed on a periodic basis. The current version will always be posted to the Backup Policy page on the website.
If you have any questions about this Backup Policy, please contact the team using the contact form.
