Benefit member definition

Benefit member means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract.

Benefit member means an adult member who is designated by the bylaws or rules of the society to be a benefit member under a benefit contract.

Benefit member means an adult designated by the laws or rules of a fraternal benefit society as a benefit member under a benefit contract.

Examples of Benefit member in a sentence

• The Scheme's most recent full actuarial review indicated that the Net Assets of the Scheme were not sufficient to meet the accrued benefits of the Scheme's Defined Benefit member category with member councils required to make significantly higher contributions in future years.

• When requested, the Actuary will determine the liability to JRP for a JRP Defined Benefit member to purchase qualified nonjudicial service credit and/or transfer qualified nonjudicial service credit from one of the other state retirement systems.

• Schemes Defined Benefit member category and thatmember Councils will need to make significantly Council's contribution represented 7.57% of the total higher contributions from 2009/10 & beyond.

• Each Benefit member, upon joining a Council, must indicate his beneficiary for the Death Benefit, and this will be kept on file in the Grand Council Office.

• The day of first listing was on 28 December 2011 and 30 December 2011, respectively.

More Definitions of Benefit member

Benefit member means an adult who is a member of a fraternal

Benefit member means an adult member of a fraternal benefit society who is designated by the laws or rules of the society to be eligible for benefits under a benefit contract.

Benefit member means an adult member who is designated by the

Benefit member. MEANS AN ADULT MEMBER WHO IS DESIGNATED BY THE GOVERNING DOCUMENTS OF THE SOCIETY TO BE A BENEFIT MEMBER UNDER A BENEFIT CONTRACT.

Benefit member means an adult member who is designated by the laws or rules of the society as a benefit member under a benefit contract.

Benefit member means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract; (c) "Certificate" shall mean the document issued as written evidence of the benefit contract; (d) "Premiums" shall mean premiums, rates, dues or other required contributions, by whatever name known, which are payable under the certificate; (e) "Laws" shall mean the society's articles of incorporation, constitution and bylaws, however designated; (f) "Life insurer" shall mean an insurance company authorized to transact in this State the insurance business classified as Class 1, Clause (a) or (b) in Section 4 of this Code; (g) "Rules" shall mean all rules, regulations or resolutions adopted by the supreme governing body or board of directors which are intended to have general application to the members of the society; (h) "Society" shall mean fraternal benefit society, unless otherwise indicated; and (i) "Lodge" shall mean subordinate member units of the society, known as camps, courts, councils, branches or by any other designation. (Source: P.A. 84-303.)

Benefit member means a Member described in rule 1.2(h)(v).