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-   -   Monarch Airlines Pension Scheme (https://www.pprune.org/rumours-news/3552-monarch-airlines-pension-scheme.html)

Nightflyer 27th Dec 2001 13:06

Monarch Airlines Pension Scheme
 
Can anyone out there shed some light what is going on with the Monarch Pension scheme. There has just been a sudden change of administrators and while there has been assurances that all is well, I wonder how well the pension fund is really performing. Years ago I tried to find out what investments were held by the scheme without success. I just hope that large sums of money have not been invested in company aircraft leases.

dundoniandean 27th Dec 2001 13:21

Nightflyer.

Was this change of administrator announced by the company? I don't think I have read that....??? Any further info <img src="confused.gif" border="0">

Nightflyer 27th Dec 2001 14:57

I don't really know but the monthly pension is no longer paid out by W.M Mercer.

Nightflyer 27th Dec 2001 15:03

Sorry got a bit mixed up. We have been informed that there is a change of administrator. I can't find the letter that they sent me so I cannot tell you who is the new administrator.


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