Scheme Member definition

Scheme Member means an Eligible Person who is included in the Scheme as per the Scheme rules as member of that Scheme.

Scheme Member means an Eligible Person who also satisfies all of the following conditions to participate in the Scheme:

Scheme Member has the meaning as specified in the EECS Rules;

Examples of Scheme Member in a sentence

• On the death of the Primary Scheme Member/ Annuitant, 50% of the annuity amount will be payable to the Secondary Scheme Member/ Annuitant as long as the Secondary Scheme Member/ Annuitant is alive.

• The annuity payments will cease on death of the Scheme Member/ Annuitant.>><<Life Annuity with Return of Purchase Price<<Life Annuity with Return of Balance Premium/Purchase Price<<Life Annuity with Return of Premium/Purchase Price in Parts<<Life Annuity with a Guarantee PeriodAnnuity payments will be made in arrears for as long as the Scheme Member/ Annuitant is alive or until the end of the Guarantee Period, whichever is later.

• The annuity payments will cease on the later of:- death of the Scheme Member/ Annuitant; or- completion of the Guarantee Period.The Guarantee Period shall be as selected by you and is set out in the COI.>><<Life Annuity with 5% escalationAnnuity payments will be made in arrears for as long as the Scheme Member/ Annuitant is alive.

• The table below sets out the annuity benefits as per the annuity option chosen by you: Annuity OptionAnnuity Benefits<<Life Annuity Annuity payments will be made in arrears for as long as the Scheme Member/ Annuitant is alive.

• A quorum will comprise 3 of the 5 members of which at least one shall be an Employer representative and one a Scheme Member representative.

More Definitions of Scheme Member

Scheme Member means the individual identified as Scheme Member under the Master Policy;

Scheme Member means an Eligible Person who is included in the Scheme as a member in accordance with the Scheme rules and:

Scheme Member means a member or class of members of a scheme cooperative.

Scheme Member means, in relation to a battery compliance scheme, a producer who is a member of that scheme;

Scheme Member means the person who contributes, or for whom contributions are paid to the Scheme, either directly or indirectly, and is entitled to benefits under the Scheme;

Scheme Member means a professional driver holding a valid licence who is a Member of Unite the Union paying the appropriate subscription to the Scheme and domiciled in the United Kingdom or Republic of Ireland.EXCLUSIONSThere shall be no liability for Loss of Licence directly or indirectly consequent upon:1. Death of the Scheme Member from any cause.2. The Scheme Member abusing or having been under the influence of alcohol or having taken a drug or drugs unless administered in accordance with the prescription of a qualified Medical Practitioner.3. War, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection or military or usurped power.

Scheme Member means employee/member, on the rolls of the Company and is a member of the Employee Provident Fund (EPF) scheme.