Home > Terms > English, UK (UE) > unfunded pension plan
unfunded pension plan
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, it is taken out of current income.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
giant man-eater crocodile
A giant 20-foot (6.1-meter) saltwater crocodile caught in the creeks of a remote southern Philippine region following a series of attacks on humans ...
Contributor
Featured blossaries
HOSEOKNAM
0
Terms
42
Blossaries
11
Followers
Renewable Energy and climate change in China
Category: Politics 1 5 Terms
Browers Terms By Category
- Zoological terms(611)
- Animal verbs(25)
Zoology(636) Terms
- Hair salons(194)
- Laundry facilities(15)
- Vetinary care(12)
- Death care products(3)
- Gyms(1)
- Portrait photography(1)
Consumer services(226) Terms
- Radiology equipment(1356)
- OBGYN equipment(397)
- Cardiac supplies(297)
- Clinical trials(199)
- Ultrasonic & optical equipment(61)
- Physical therapy equipment(42)
Medical devices(2427) Terms
- General seafood(50)
- Shellfish(1)
Seafood(51) Terms
- General art history(577)
- Visual arts(575)
- Renaissance(22)