TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

UNFUNDED LIABILITY [3 records]

Record 1 2009-01-09

English

Subject field(s)
  • Actuarial Practice
  • Pensions and Annuities
  • Annuities (Insurance)
DEF

Generally, any amount by which the assets of a pension plan are less than the liabilities.

CONT

An initial unfunded liability exists when benefits are created in respect of prior service and not provided for in current service contributions.

French

Domaine(s)
  • Actuariat
  • Pensions et rentes
  • Rentes (Assurances)
DEF

Habituellement, tout montant dont la valeur totale des prestations promises en application d'un régime de retraite (soit la valeur actuarielle du passif) excède la valeur de l'actif.

Spanish

Save record 1

Record 2 1999-04-28

English

Subject field(s)
  • Financial Accounting
  • Loans

French

Domaine(s)
  • Comptabilité générale
  • Prêts et emprunts
DEF

Engagement que l'entité a contracté et pour lequel aucun fonds visant à faciliter le règlement n'a été constitué.

Spanish

Save record 2

Record 3 1990-08-10

English

Subject field(s)
  • Employment Benefits

French

Domaine(s)
  • Avantages sociaux
DEF

Montant dont la valeur totale des prestations promises en application d'un régime de retraite (soit la valeur actuarielle du passif) excède la valeur de l'actif.

OBS

Rapport du groupe de travail parlementaire sur la réforme des pensions, 1983.

Spanish

Save record 3

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