Definition of unfunded
1 : not funded : floating an unfunded debt
2 : not provided with funds unfunded schools
Recent Examples of unfunded from the Web
Costello said Pugh's budget director Andrew Kleine wants to use the surplus money to help shore up struggling pension funds, which has millions in unfunded liabilities.
That doesn't mean that other things won't go unfunded however.
Adding to the mess is a ballooning backlog of unpaid bills to state contractors and vendors that’s reached about $14.5 billion and roughly $130 billion in unfunded pension liabilities.
Still, the fighting has impeded any progress on bolstering a state retirement system that has more than $129 billion of unfunded liabilities -- a source of stress that has helped drive its rating down.
As legislators struggle to come up with viable ways to head off major increases in public pension costs, Gov. Kate Brown on Wednesday identified the seven-member panel she's tasked with reducing Oregon's $22 billion unfunded liability.
That $1 billion transit project, however, is unfunded.
City Hall has offered generation after generation of failing schools, corruption, unfunded public pensions and insane borrowing to pay off debt and more insane borrowing to pay down the insane new debt.
Newport Beach wants to put about $9 million more toward its unfunded pension liability next fiscal year.
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