Member

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Revision as of 19:40, 6 October 2018 by imported>Doug Williamson (Add 4th definition.)
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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