unfunded

(redirected from Unfunded Liabilities)
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  • adj

Antonyms for unfunded

not furnished with funds

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References in periodicals archive ?
We have to begin this process of how we're going to address this unfunded liabilities," Perry said.
The unfunded liabilities of the federal government now exceed $100 trillion compared to an explicit gross public debt of nearly $17 trillion.
The difference has prompted critics to claim that the funds are underreporting their unfunded liabilities, or the gap between what they've promised to pay retirees in the future and what they'll actually have on hand to cover the benefits.
For the closed local pension plans that have already consolidated with LOPFI but are still faced with unfunded liabilities, help could be on the way if Amendment 2 passes in the November election.
Los Angeles Assistant City Administrative Officer Tom Coultas said figures for the city's retiree health unfunded liabilities were not readily available, but he said city officials have asked the actuary to look at redesigning the city's existing pension and retiree health system for new employees.
According to ex-comptroller general Walker, the unfunded liabilities for the Ponzi schemes of Social Security and Medicare are approximately $53 trillion.
The unfunded liabilities are large because governments typically have not set aside any funds for the future payment of retiree health benefits as they have for pensions.
The union said 21 of the insolvent pension funds had unfunded liabilities of almost pounds 2 billion and claimed that figures for the others were not available because of the secrecy surrounding private equity companies.
The GMB said 21 of the insolvent pension funds had unfunded liabilities of almost pounds 2bn and claimed that figures for the other funds were not available because of the secrecy surrounding private equity companies.
Whereas, the board has little confidence in the public's understanding of the time value of money and present worth analysis so that huge legacy costs and unfunded liabilities in county government routinely occur (example: $60 million current unfunded liability for county retiree medical insurance) and will continue to occur;
Beginning July 1, community colleges and all other public entities will have to report their unfunded liabilities to comply with Rule 45, a mandate from the California Governmental Accounting Standards Board, to set aside money for future benefits.
When one takes into account the unfunded liabilities of Medicare and Social Security (promised spending not covered by revenues, premiums, and co-payments), the spending goes off the charts.
According to Delta, the Employee Pension Preservation Act of 2005, a bill introduced by the US Senate in April this year, would allow airlines to extend the payment time for unfunded liabilities under qualified benefit pension plans.
He warned that, unless we act now, meeting the huge unfunded liabilities facing our entitlement programs will cause "severe" economic consequences for the nation.
Unfunded liabilities of defined benefit plans are estimated at about $350 billion, or about 20 percent of their liabilities.