On the membership program, look for the Manage Member Perks button to add or edit your existing perks.
When adding/editing a perk, you will now see an option to control the frequency of how often this perk should be issued to an active member.
This includes the ability to issue one-time, daily, weekly, monthly, quarterly, semi-annual and annually.
You will also notice an option that controls whether or not to issue these perks to sub-members. These are members who are not the parent member.
If a membership is transferred to someone, the perks will start issuing to the new person (on the schedule). For example if it's one-time, then they won't receive, however if it's monthly, they will get on the next billing cycle.
These perks apply to both billable and non-billable memberships.