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.
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References in periodicals archive ?
Liz Jansen, the co-founder of Women Unite!, has dedicated her career to fundraising and communications for nonprofit organizations, and Women Unite!'s unique and innovative business model was borne out of this deep commitment to serving under-funded charities in the community.
Leading economist Gerry Holtham estimated in 2010 that Wales was under-funded by PS400m a year compared to England.
"Rural areas have been badly under-funded and the previous Labour Government knew that but didn't do enough about it when more money was flowing into the education system than there is now."
Muscat: Under-funded farmers and fishermen lose thousands of rials each year as one-third of their crops and fish catch go to waste because of inadequate storage facilities.
If you're interested in conducting classroom projects, but don't have the funds, Elmer's and the Kids in Need Foundation, a national non-profit that provides free school supplies to economically disadvantaged school children and under-funded teachers, can help.
There are so many under-funded projects in the UK yet we continue to give away taxpayers money to needy countries and the Coalition plans to raise overseas aid to pounds 12.6bn a year by 2015.
The purchase price is subject to adjustments for working capital and certain liabilities, including under-funded pension liability and foreign debt.
It's piecemeal, it's leaving schools to fend for themselves and it's under-funded."
Illinois' pension fund is woefully under-funded, with assets $185.6 million short of liabilities, according to A Better Government Association.
Northumberland is the least funded park authority and, as it is currently under-funded according to Defra's own funding formula, it claims it faces a disproportionately significant impact.
(The annual resource budget for Wales is over 3% under-funded - Letters, Nov 6).