Funding and Funding level: Difference between pages
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''Pensions.'' | |||
The relationship at a specified date (often the valuation date) between the value of the assets and the value of the liabilities of a defined benefit pension scheme, often expressed as a ratio (the ‘funding ratio’). | |||
The funding level is frequently expressed as a percentage. | |||
'''Example''' | |||
When assets = 100 | |||
Liabilities = 90 | |||
The funding level is: | |||
90 / 100 | |||
= 90%. | |||
(Not to be confused with the ''deficit'', which in this example is 100 - 90 = 10.) | |||
== See also == | == See also == | ||
* [[ | * [[Deficit]] | ||
* [[Funding ratio]] | * [[Funding ratio]] | ||
* [[Funding | * [[Scheme Specific Funding]] | ||
* [[ | * [[Statement of funding principles]] | ||
* [[ | * [[Statutory funding objective]] | ||
Revision as of 14:43, 16 March 2015
Pensions.
The relationship at a specified date (often the valuation date) between the value of the assets and the value of the liabilities of a defined benefit pension scheme, often expressed as a ratio (the ‘funding ratio’).
The funding level is frequently expressed as a percentage.
Example
When assets = 100
Liabilities = 90
The funding level is:
90 / 100
= 90%.
(Not to be confused with the deficit, which in this example is 100 - 90 = 10.)
