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Phrases with «unfunded pensions»

"Unfunded pensions" refers to a situation where a pension plan does not have enough money to cover the promised retirement benefits for its participants. This means that the pension fund does not have sufficient funds set aside or invested to pay the full amount of pensions owed to retired workers or those set to retire in the future. Full definition

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Sentences with «unfunded pensions»

  • , which would have allowed school districts to close or reject charter schools if they could be considered a financial burden to the district, which has yet to decrease its staffing levels despite declining enrollment and is facing billions of dollars in unfunded pension liabilities and projected budget deficits. (laschoolreport.com)
  • Those fears crescendoed when the school board voted one month before the May 16 election to support State Bill 808, which would have allowed school districts to close or reject charter schools if they could be considered a financial burden to the district, which has yet to decrease its staffing levels despite declining enrollment and is facing billions of dollars in unfunded pension liabilities and projected budget deficits. (laschoolreport.com)
  • As part of the acquisition, ACCO Brands will assume an estimated $ 160 million of unfunded pension liabilities, net of associated deferred tax, predominantly in Germany. (lawyer-monthly.com)
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