spotlighton pensions spotlighton pensions - MMC UK Pensions

Financial highlights -Trustee’s report and financial summaryfor the 12 months to 31 December 2001Membership NumbersFinal Salary benefits Money Purchase benefitsActive membership at 1 January 2001 9,059 1,025Active membership at 31 December 2001 8,333 1,652Pensioners at 1 January 2001 (including spouses’ and orphans’ pensions) 4,295 -Pensioners at 31 December 2001 4,389 -Members with deferred benefits at 1 January 2001 9,404 -Members with deferred benefits at 31 December 2001 9,916 -TOTAL 22,638 1,6528Reviewing the situation -Transfer payments into the Fund fromother pension arrangementsThere is currently an embargo on receiving transfers into the Funddue to the uncertainty of the "Williamson" case.Once the case is fully resolved, we will make an announcement ofany decision to restart accepting transfers and on what basis. It isnot yet clear how long the issues will take to resolve.Following its resolution, a review of the transfer-in basis will beundertaken, and any changes will be announced to all employees.