MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.

25th September 2017
:: Scheme Member | What category of scheme member are you? | Active Member explained

Active Member explained
 
In its most simple terms an active member of an employment based pension scheme will be someone: 
  • who is employed
  • who is a participating member of any of the pension schemes associated with that employment
  • who continues to build up pension benefit in that scheme and from that employment.
An active member of a pension scheme could be: 
  • a full-time employee
  • a part-time employee
  • a temporary employee. 
Furthermore, an active member could be:
  • an employee
  • a manager
  • a director
  • an officer of the company (such as a Company Secretary). 
 
 
 
 
 
 
 
  

 

Example 1 – Active Member
 
John Smith works for XYZ Ltd. He is a member of the XYZ Ltd Pension Scheme - which is an employment based pension scheme. He continues to build up extra pension benefits within the scheme for each period of further service he completes. He is said to be in pensionable service. He is an active member of the pension scheme.
 
Example 2 – Active Member
 
Mary Jones is a teacher at a state secondary school. She is a member of the Teachers’ Pension Scheme - which is a public sector occupational pension scheme. She continues to build up pension benefit within the scheme. She is said to be in pensionable service. She is an active member of the pension scheme.
 
 
 
  
 
 
 
 
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