Participant Law and Legal Definition
Under Title 29, Section 1002 of the United States Code Service, the term "participant" means any employee or former employee of an employer, or any member or former member of an employee organization, who is or may become eligible to receive a benefit of any type from an employee benefit plan which covers employees of such employer or members of such organization, or whose beneficiaries may be eligible to receive any such benefit. [29 USCS § 1002]
“participant may include a former employee with a colorable claim for benefits." Ramsey v. Southeastern Emple. Benefit Servs., 2010 U.S. Dist. LEXIS 1020 (E.D. Ark. Jan. 7, 2010)
Legal Definition list
Related Legal Terms
- Automated Export System Participant Application
- Eligible Contract Participant
- Eligible Participant [Education]
- Financial Participant (Bankruptcy)
- Interested Governmental Participant
- Major Security Based Swap Participant
- Major Swap Participant
- Market-Participant Doctrine
- Master Netting Agreement Participant ( Bankruptcy)
- Minor Participant
