Underfunded

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Underfunded

Describing a program, account or anything else with insufficient assets to meet liabilities, especially but not necessarily in the short term. The term is often used with respect to pension schemes.
References in periodicals archive ?
But because we're still living in times of austerity, many local authorities say they are grossly under-funded and are effectively turning a blind eye to the problem.
Woods said that the board defines under-funded as a trust with assets under 90 percent of liabilities.
The children of Northumberland are continually short-changed and under-funded ( they deserve better.
In addition to the new drug benefit, Medicare Parts A and B are also under-funded.
has launched an education pilot program to donate music technology curriculum suites to schools and organizations to help music students of under-funded schools and at-risk youth.
412 (1) establishes funding requirements for certain under-funded defined-benefit plans, generally based on a plan's unfunded current liability.
Many unionists of color have criticized the AFL-CIO for paying lip service to diversity while simultaneously keeping these groups under-funded and incapable of building bigger and broader programs for their constituents.
The goal was basically to say the program is under-funded because people aren't paying high-enough premiums.
The pension fund of Delta, like that of Northwest, is under-funded by billions of dollars, The Associated Press reported.
Both have been blatantly under-funded for about a decade.
The research, funded by the Alzheimer's Research Trust, is published in the British Medical Journal and chief executive Rebecca Wood said: "Research is under-funded and we need to do more to accelerate progress to finding effective treatments for the symptoms and disease.