Scheme administrator

Person appointed to manage a pension scheme who must ensure that the scheme is operated in accordance with the requirements of the authorities and its own trust deed and rules. The appointment is mandatory for exempt approved schemes. The administrator may have to give certain revenue undertakings.

Scheme trustees

Individuals or independent institutions that are responsible for the management of a trust in accordance with the trust deed. Scheme trustees have the power to select any investment they wish in order to adhere to the trust deed. Their activities come under the jurisdiction of Opra who may remove or suspend a trustee.

SCHIP

See: State Children’s Health Insurance Program (SCHIP), Children’s Special Health Care Services (CSHCS), or Maternal and Child Health Program (MCHP).