HomeDefinitionsCompareDebt Unfunded pension planThe financial definition for Unfunded pension plan:Provides for the employer to pay out amounts to retirees or beneficiaries as and when they are needed. There is no money put aside on a regular basis. Instead, it is taken out of current income. Similar MatchesUnfunded debtUnfunded debtDebt maturing within one year (short-term debt). See: Funded debt. Click to compare definitions of Unfunded pension plan Click to view definitions beginning un |