Overfunded pension plan

(redirected from Overfunded Pension)

Overfunded pension plan

A pension plan that has a positive surplus (i.e., assets exceed liabilities).

Overfunded Pension Plan

A pension that has more assets than liabilities. That is, pensioners' contributions and the investment of those contributions amount to more than what the pension owes to retirees. This is considered a sign of financial health for the pension.
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Fred, 1989, An Empirical Analysis of the Factors Underlying the Decision to Remove Excess Assets from Overfunded Pension Plans, Journal of Accounting and Economics, 11: 399-418.
Combined with the strong stock and bond market, this reduced or eliminated deductible contributions for many overfunded pension plans for several years.
The large commercial aircraft backlog, high levels of defense spending, and overfunded pension plans ($4.
The principal incentives in these programs were enhanced pension benefits, most of which are being paid from NS' overfunded pension plan.
Hamdallah, 1988, Investor Evaluation of Overfunded Pension Plans, Journal of Financial Research Spring: pp.
The special charge will not materially affect Carpenter's operating cash flow since the costs will be funded predominately from the company's overfunded pension plan.
VanDerhei, Jack, 1987, The Effect of Voluntary Termination of Overfunded Pension Plan on Shareholder Wealth, Journal of Risk and Insurance 54: 131-156.
The special charges incurred in the first and second quarters will not materially affect Carpenter's operating cash flow since the severance costs will be funded predominately from its overfunded pension plan.
Steel produces a full panoply of value-added steel products with only modest cash legacy costs, courtesy of an overfunded pension plan and a substantially funded retiree medical benefit plan.
benefits will be paid from the Company's overfunded pension plan.
Favorable financial markets and sound investment strategies have resulted in a significantly overfunded pension plan for Ethyl's United States salaried employees.
The retirements were effective March 1, 2000, and most of the related benefits will be paid from the Company's overfunded pension plan.