A pension plan funded out of the employer's current income whenever funds are required by retiring employees or beneficiaries, rather than out of money put aside on a regular basis regardless of current need.
Related information about unfunded pension plan:
- Unfunded Pension Plan Definition | Investopedia
An employer managed retirement plan that uses the employer's current income to fund pension payments as they become necessary. This is in contrast to an ...
- What is unfunded pension plan? definition and meaning
Definition of unfunded pension plan: A pension plan funded out of the employer's current income whenever funds are required by retiring employees or ...
- What is an Unfunded Pension Plan?
An unfunded pension plan is one in which a business does not have enough savings to cover the employees receiving a pension, and...
- Unfunded Pension Plan - Financial Dictionary - The Free Dictionary
Provides for the employer to pay out amounts to retirees or beneficiaries as and when they are needed. There is no money put aside on a regular basis. Instead ...
- Unfunded pension plan Definition - NASDAQ.com
Unfunded pension plan: read the definition of Unfunded pension plan and 8000+ other financial and investing terms in the NASDAQ.com Financial Glossary.
- Next Pension Clash: Law Firms - The Wall Street Journal
Mar 5, 2012 ... 'Partners take comfort in the fact that it is there,' says Kenneth Doran, of law firm Gibson Dunn, one of the firms with an unfunded pension plan.
- unfunded pension plan
A type of pension plan in which the employer's current income is funded out...
- What does Unfunded pension plan mean
Yahoo Small Business Dictionary defines and explains key small business concepts, including Unfunded pension plan.