AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Definition
Related Definitions
Underfunded Pension Plan
A retirement plan sponsored by a company with more liabilities than assets is an underfunded pension plan. In simple terms, the money required for current and future retirement protection is not readily available. This leaves the future retirees without any guarantee of receiving the pensions they were assured or that the existing retirees would continue to receive their previously established distribution sum.