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unfunded plan

noun
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Definition of unfunded plan

: a pension or retirement plan under which the employer is free to finance payments to retired workers on a pay-as-you-go basis — compare insured plan , trusteed plan

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Dictionary Entries Near unfunded plan

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unfunded plan

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“Unfunded plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/unfunded%20plan. Accessed 10 Aug. 2022.

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