fully funded

Definition of "fully funded"
  1. A status where sufficient financial resources are available to fulfill all payment obligations of a retirement plan, even if bankruptcy occurs
How to use "fully funded" in a sentence
  1. The hospital's retirement plan is fully funded, ensuring that payouts continue even if the hospital faces financial troubles.
  2. Before investing in the pension fund, employees double-checked whether it was fully funded to avoid any future risks.
  3. After securing significant investment, the company's retirement scheme is now fully funded, strengthening their financial security.

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