Contingent pension liability


 

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Contingent pension liability

Under ERISA, a firm is liable to its pension plan participants for up to 39% of the net worth of the firm.



Contingent pension liability

Similar Matches

Contingent assurance

Contingent assurance

Life assurance where payment of the sum assured depends on an event or events additional to the death of the life assured. For example the policy may specify the prior death of the spouse of the life assured.


Contingent deferred sales charge (CDSC)

Contingent deferred sales charge (CDSC)

The formal name for the load of a back-end load fund.


Contingent immunization

Contingent immunization

An arrangement in which the money manager pursues an active bond portfolio strategy until an adverse investment experience drives the then-available potential return down to the safety net level. When that point is reached, the money manager is obligated to pursue an immunization strategy to lock in the safety-net level return.


Contingent liabilities

Contingent liabilities

Liabilities that may or may not be incurred by a company and which depend on the outcome of say a forthcoming event such as a court case. These are recorded in a company's accounts as contingent liabilities.


Contingent order

Contingent order

See: contingency order.


Further Suggestions

Contingent claim
Contingent order
Contingent Voting Power
Contingent protection


 
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