unfunded

adjective

un·fund·ed | \ ˌən-ˈfən-dəd

How to pronounce unfunded (audio)

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Definition of unfunded

1 : not funded : floating an unfunded debt

2 : not provided with funds unfunded schools

Examples of unfunded in a Sentence

Recent Examples on the Web Illinois Municipal League Executive Director Brad Cole said in a Senate Committee on Saturday that city leaders worry the unfunded mandates will lead to eventual funding cuts for police. — Greg Bishop, Washington Examiner, "Changes to Illinois justice system faces opposition from police groups," 11 Jan. 2021 The Unfunded Liability Solvency Reserve is a trust fund for employee benefits aimed at reducing pension and health care unfunded liabilities, which currently exceed $42 billion, according to the state's treasurer's office. — Nyamekye Daniel, Washington Examiner, "Advisory committee to push for more pension reserves for North Carolina state workers," 12 Jan. 2021 Illinois’ public employee pensions have the nation’s highest unfunded liability totaling $141 billion — up nearly $4 billion from last year. — Rick Pearson, chicagotribune.com, "Durbin says Illinois shouldn’t count on Washington for future pandemic aid to deal with state’s budget deficit," 22 Dec. 2020 In addition to the current fiscal problems, the state faces one of the largest unfunded pension liabilities and one of the worst credit ratings of any state in the country. — Joe Barrett, WSJ, "Illinois Gov. J.B. Pritzker Cuts $700 Million From State Budget," 15 Dec. 2020 The state has a bond rating just one step above junk, as well as persistent budget deficits projected to last through fiscal 2026 and a $141 billion unfunded pension liability and a $7.9 billion bill backlog. — Shruti Singh, Bloomberg.com, "Illinois Plans to Cut More Than $700 Million from Budget," 15 Dec. 2020 An unfunded liability is the gap between how much is needed to pay retiree benefits and the amount of assets a jurisdiction has with CalPERS. — Karen Pearlman, San Diego Union-Tribune, "El Cajon going ahead with pension obligation bonds," 20 Nov. 2020 National City has a $116 million unfunded liability with the state’s pension system, CalPERS. — Gustavo Solis, San Diego Union-Tribune, "National City considers issuing pension obligation bonds," 29 Oct. 2020 But some political analysts say a new charter risks becoming a hefty document full of unfunded mandates to meet increased social demands during the sharp economic downturn and an election year. — Ryan Dube, WSJ, "Chile to Hold Referendum on Rewriting Pinochet-Era Constitution," 24 Oct. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'unfunded.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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unfunded life insurance trust

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Last Updated

11 Feb 2021

Cite this Entry

“Unfunded.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/unfunded. Accessed 26 Feb. 2021.

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