Member: Difference between revisions

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1. ''Pensions.''  
1. ''Company law.''


A beneficiary under an occupational pension scheme.
In relation to a company, a shareholder.




Pension scheme members may be:
2. ''Mutual organisations''.


*''Active'' (still accruing benefits by virtue of current service); or
A retail customer of a mutual organisation, such as a building society.


*''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.
3.


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


2. ''Company law.''
For example, a member-administered closed user group (MA-CUG).


In relation to a company, a shareholder.


4. ''Pensions.''


3. ''Mutual organisations''.
A beneficiary under an occupational pension scheme.


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


Pension scheme members may be:


4.
*''Active'' (still accruing benefits by virtue of current service); or


More generally, a participant in a closed group of some kind.
*''Deferred'' (no longer accruing benefits through having left the scheme, but entitled to receive benefits in the future); or


For example, a member-administered closed user group (MA-CUG).
*''Pensioners'' (currently receiving benefits).  This third category will also usually include widows and other dependants of former members.





Revision as of 18:45, 18 December 2020

1. Company law.

In relation to a company, a shareholder.


2. Mutual organisations.

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


3.

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

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


4. 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.


See also