Underfunded


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Related to Underfunded: overfunded, Underfunded Pension

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 ?
Without these reforms, Martire said, the state would not have the resources to add to education funding without making cuts to already underfunded human service or other programs.
Demands on are ever and institutions services are underfunded fit for purpose Izzy Lenga Experts say the pressures of university life - living independently for the first time, managing finances and trying to secure a good degree - as well as lower wellbeing among young people are to blame for the increase.
But when it became obvious that legislative leaders were comparing what an MAEP, underfunded by the Legislature, produced in the current school year to what their fully phased in formula would generate in 2025, they started using the argument the state could not afford the Adequate Education Program.
8, UN Secretary General Antonio Guterres said the CERF would allocate $100 million each for nine countries with 'underfunded emergencies.'
When actual returns deviate consistently from expected, pension plans become underfunded, that is the promised payouts or liabilities exceed the actuarial value of the fund's assets.
NINE in 10 frontline staff at Scotland's colleges think the sector is being underfunded, research showed yesterday.
Whilst acknowledging that Suzanne has been to the fore fighting to preserve our green belt, the wider horizon and longer term interests of our town cannot be cast aside, committing Sutton to be an underfunded suburb of Birmingham forever.
Those included, the minutes revealed, a pension plan underfunded by $5.8 million.
Lower pension expenses lead to earnings manipulation, while riskier investments place an already underfunded plan at greater risk.
Levin, Partner will speak at the Knowledge Congress' webcast entitled: “Legal Series: M&A Transactions & Underfunded Benefit Plan Issues Explored: A 2014 Update Live Webcast.” This event is scheduled for July 24, 2014 from 10:00pm - 12:00pm (ET).
Women's sport is simply not appreciated and it is badly underfunded in Ireland.