Underfunded Pension Plan

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Underfunded pension plan

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

A pension plan that has more liabilities than assets. That is, the retirees covered under the pension plan have been promised more than the plan contains. This may happen for a variety of reasons, such as the pension's investments not going as expected, or perhaps retirees are living longer than expected. It can lead to bankruptcy, though some pension plans have government guarantees.

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No references found			assumes the responsibility for an underfunded pension plan, it does not guarantee 100% of the participant's benefits. What's your fiduciary liability IQ? If it needs to be raised, and it ... by Dart, Christine / Directors & Boards Aguirre, a frequent critic of the city's underfunded pension plan. A MONSTER DEAL TURNS SCARY by Christopher Palmeri and Jessica Silver-Greenberg / BusinessWeek The restrictions on benefits will apply next year to underfunded pension plans under IRC Sec. New rules restricting benefits in underfunded pension plans by California CPA			Uncovered Options Uncovered Put Uncovered Put Writing Uncreditworthy Undated Security Undeliverable Billing Document Undeliverable-As-Addressed Under Reporting Under the Belt Under the Counter Under the Table Under-Allowance Underage Underapplied Overhead Underbanked Underbooked Undercapitalized Undercharge Underclass Undercolor Removal Underconsumption underdepreciation Underemployed Underemployment Underfunded Underfunded Pension Plan Underground Storage Insurance underground storage tank Underhand underimprovement Underinsurance Underinsured Underinsured Motorist Coverage Limits Trigger Underinsured Motorist Coverage Modified Limits Trigger Underinsured Motorist Endorsement Underinvestment Problem Underinvoicing Underleveraged Underlying Underlying Asset Underlying Debt Underlying Futures Contract Underlying Index Underlying Inflation Underlying Instrument Underlying Investment underlying mortgage Underlying Price Underlying Retention Underlying Security Underlying Service			underfloor Underfloor central heating Underfloor central heating underfloor conduit system Underfloor heating Underfloor heating Underfloor Heating Manufacturers Association underfloor raceway underfloor wheel lathe underflow underflow underflow underflow conduit underflow error underflows underflows underflue Underfollow Underfong underfoot underframe underframes Underfringe underfund underfund underfunded underfunded Underfunded (TV Series) Underfunded (TV Series) Underfunded Pension Underfunded Pension Plan Underfunded Pension Plans Underfunded Pensions underfunding underfunds underfur underfur underfur underfur Underfurnish Underfurrow undergarment Undergarments Underget undergird undergird undergirded undergirded undergirding undergirding undergirds undergirds undergirt undergirt underglaze underglaze decoration underglazes undergo undergo undergo eclipse undergo evolution

Financial Dictionary

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