Member: Difference between revisions
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A beneficiary under an occupational pension scheme. | A beneficiary under an occupational pension scheme. | ||
Pension scheme members may be: | Pension scheme members may be: | ||
*''Active'' (still accruing benefits by virtue of current service); or | |||
*''Deferred'' (no longer accruing benefits through having left the scheme, but entitled to receive benefits in the future); or | |||
*''Pensioners'' (currently receiving benefits). This third category will also usually include widows and other dependants of former members. | |||
Revision as of 10:10, 18 November 2020
1. Pensions.
A beneficiary under an occupational pension scheme.
Pension scheme members may be:
- Active (still accruing benefits by virtue of current service); or
- Deferred (no longer accruing benefits through having left the scheme, but entitled to receive benefits in the future); or
- 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).
