Member

1. Pensions. A beneficiary under an occupational pension scheme.

Pension scheme members may be: i. Active (still accruing benefits by virtue of current service); or ii. Deferred (no longer accruing benefits through having left the scheme, but entitled to receive benefits in the future); or iii. Pensioners (currently receiving benefits). This third category will also usually include widows and other dependants of former members.

2. Company law. In relation to a company, a shareholder.

See also

• Maturity
• Occupational pension scheme
• Pensioner
• Pensions Ombudsman
• Shareholders