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Pension scheme members may be:
Pension scheme members may be:


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



Revision as of 15:30, 11 May 2016

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