Pension Funding
/ˈpɛnʃən ˈfʌndɪŋ/
Definitions
- (n.) The process of allocating and maintaining funds to meet future pension liabilities in compliance with applicable laws and regulations.
The company's pension funding must comply with ERISA requirements to ensure employee benefits are secure.
Related terms
Commentary
Pension funding typically involves periodic actuarial assessment and adherence to statutory minimum funding standards to protect beneficiaries.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.