Examples of Unfunded Liabilities in a sentence
To the extent that this amount differs from the amount paid in cash, the offsetting difference is included in the Increase/(Decrease) in Unfunded Liabilities - Interest Accrued column on Schedule 10ADJ (Adjustments for Compliance Purposes) in Column 14.
Another option is to accelerate repayment of Unfunded Liabilities with the proceeds of pension obligation bonds issued by the City.
Where the interest rate being charged by CalPERS on Unfunded Liabilities is higher than the interest rate on the bonds, this can result in savings for a City.
Fourth, the Cities can use other existing resources, if any, to pay down the Unfunded Liabilities early.
This report also provides a general overview of public pension obligations, the major variables that drive pension cost and Unfunded Liability calculations, including how these variables can understate Unfunded Liabilities.