What is a fully funded pension plan?

Question

what is a fully funded pension plan? i cannot seem to find any information on this either through interviews or through the internet. if you have information please enlighten me.

Answer 1

A fully funded pension plan is one in which the market value of plan assets is enough to cover at least 100 percent of benefits accrued by employees up to the current date.

Indeed, fully funding a corporate pension plan seems to have rapidly become passé among corporate managers. In fact, the percentage of employers with fully funded plans plummeted from 84 percent in 1998 to 37 percent in 2002. This, according to a new Watson Wyatt study.
More can be seen from source and goliath.ecnext.com/comsite5/bin/comsite5.pl?page=description&... The site shown here is about a book titled...........Article | Kodak Says U.S. Pension Plan Fully Funded.
Price: $4.95 | Excerpt: "Business Editors ROCHESTER, N.Y.--(BUSINESS WIRE)--Oct. 24, 2002 Company Plans to Repurchase 7.4 Mln Shares from Its Pension Fund...
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Answer 2

what country are you in? in the us it means your do not have to put anylthing into the fund yourself. they are rare in the usa anymore. go to www.ftc.gov and
Some good links to learn more.
http://www.google.com/search?hl=en&q=fully+funded+pension+plan
FirstGov for Consumers

Federal Citizen Information Center

MyMoney.gov
http://www.jumpstart.org/



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