Member: Difference between revisions

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imported>Doug Williamson
(Add 4th definition.)
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1.  
1. ''Pensions.''  
 
''Pensions.''  


A beneficiary under an occupational pension scheme.
A beneficiary under an occupational pension scheme.
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2.  
2. ''Company law.''
 
''Company law.''


In relation to a company, a shareholder.
In relation to a company, a shareholder.




3.
3. ''Mutual organisations''.
 
''Mutual organisations''.


A retail customer of a mutual organisation, such as a building society.
A retail customer of a mutual organisation, such as a building society.

Revision as of 10:09, 18 November 2020

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.


3. Mutual organisations.

A retail customer of a mutual organisation, such as a building society.


4.

More generally, a participant in a closed group of some kind.

For example, a member-administered closed user group (MA-CUG).


See also