nonactuarially sound retirement system

nonactuarially sound retirement system. A retirement plan that uses current contributions and assets to pay current benefit obligations, instead of investing contributions to pay future benefits. Cf. ACTUARIALLY SOUND RETIREMENT SYSTEM.

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词条贡献者

法律翻译Jian，毕业于新加坡知名法学院，专注翻译各类与证券诉讼有关的法律文件。