Examples of Funded Percentage in a sentence
At least two weeks after submission of the thesis, the student will be examined orally on the scope of his or her thesis and its relation to current research in astrophysics.
To determine the Funded Percentage of a pension plan, CalPERS compares the value of the pension plan’s assets (Total Plan Assets) to the present value of the plan’s Benefits payment obligations (Total Plan Liabilities).13 If the present value of the Benefits obligations is larger than the current value of pension assets, then the plan is not fully funded and has an Unfunded Liability equal to the difference.
For example, at a Discount Rate of 6.2 percent, it has been estimated that CalPERS’ Funded Percentage would drop by almost 10 percentage points, from 68 to 58.3 percent.77 Increasing Pension Contribution Payments.
If, however, the Discount Rate had been just one percentage point lower, the Cities’ Unfunded Liabilities for FY 2016-2017 would have been approximately 44 percent larger (as shown in Table No. 2) and the corresponding Funded Percentage that year would have been 62.4 percent rather than 70.5 percent, almost 18 percentage points below the 80 percent Funded Percentage standard.
CalPERS’ system-wide Funded Percentage (that is, value of current assets divided by the present value of future Benefit payments) is only 68 percent.54,55 As discussed below in the section entitled “Unfunded Liabilities and Funded Percentages of the Cities” at p.