Unfunded scheme: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13) |
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* [[Pay as you go]] | * [[Pay as you go]] | ||
* [[Pension scheme]] | * [[Pension scheme]] | ||
* [[Unfunded]] | |||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Latest revision as of 00:56, 15 May 2020
Pensions.
A Defined Benefit (DB) pension scheme where assets are not accumulated in advance of the benefits commencing to be paid.
Most UK public sector DB pension schemes are unfunded.
Corporate DB schemes in other jurisdictions may also be unfunded, for example in Germany.
