Membership Types – MR
Member in Retirement
Member in Retirement – “MR” describes a Member with a view to permanent retirement, retired from professional work or business.
The register of retired members is strictly for those who have retired fully and permanently. A member may not be in receipt of earned income, including board fees, whilst on the retired list. Note that board positions in personally held companies or other private interests are excluded from this definition. Earned Income excludes pension and other investment income. A retired member, who subsequently returns to professional work, whether full-time or part-time, must notify ICATT and may be required to return to the active list.
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