Member: Difference between revisions
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imported>Doug Williamson (Add 4th definition.) |
imported>Doug Williamson (Layout.) |
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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).