Meanings of underfunded pensions in English

The state has struggled financially, suffering from credit downgrades and underfunded pensions.

United cut wages, shrank its work force 25 percent and dumped underfunded pensions.

Her legislative agenda includes unspecified help for Chicago's underfunded pensions.

Afflicted by underfunded pensions, the state's Central Falls is bankrupt.

Most states attempting to fix underfunded pensions have modified only the pensions of new and future employees.

That suggests the overall problem of underfunded pensions can only get worse, unless corporations start to address the shortfalls now.

In March, the SEC settled fraud charges with Illinois over allegations that the state repeatedly misled investors about its underfunded pensions.

Mark Oline, an analyst with Fitch Ratings, said companies that have dangerously underfunded pensions could be at risk of a ratings downgrade.

The Pension Benefit Guaranty Corp (PBGC) said on Wednesday that underfunded pensions will be abandoned as a result of the facility's closure.

The speaker needed to protect the reelection prospects of his Democratic allies in the House from public employee unions angry about their underfunded pensions.

In addition, the company owes about $193.6 million to underfunded pensions and about $72 million to suppliers.

No one can say for certain how much states with economic woes have underfunded pensions and other benefits promised to retired employees, such as healthcare.

The company, with 1,857 employees, also faces about $159 million in underfunded pensions as of Dec. 31, 2015.

Underfunded pensions would have to lower their estimates for returns.

- GM will retain $6.5 billion in underfunded pensions at Opel.