Unfunded scheme: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 14/8/13) |
imported>Doug Williamson m (Category added 9/10/13) |
||
| Line 13: | Line 13: | ||
* [[Pay as you go]] | * [[Pay as you go]] | ||
* [[Pension scheme]] | * [[Pension scheme]] | ||
[[Category:Manage_risks]] | |||
Revision as of 14:22, 9 October 2013
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.
