TERMIUM Plus®

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

UNDERFUNDED BENEFIT PLAN [1 record]

Record 1 2011-12-09

English

Subject field(s)
  • Employment Benefits
DEF

An employee benefit plan in which the company's past contributions are insufficient to cover current and future liabilities.

French

Domaine(s)
  • Avantages sociaux
DEF

Régime par capitalisation dont la caisse n'est pas dotée d'un actif suffisant pour couvrir entièrement les engagements du régime.

Spanish

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