Contingent Pension Liability

Business, Legal & Accounting Glossary

Definition: Contingent Pension Liability


Contingent Pension Liability


Full Definition of Contingent Pension Liability


A firm’s liability to the individuals that are covered under their pension plan. This is limited to 39 percent of the firm’s total net worth due to the Employee Retirement Income Security Act of 1974 (ERISA).


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Page URL
https://payrollheaven.com/define/contingent-pension-liability/
Modern Language Association (MLA):
Contingent Pension Liability. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/contingent-pension-liability/.
Chicago Manual of Style (CMS):
Contingent Pension Liability. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/contingent-pension-liability/ (accessed: March 28, 2024).
American Psychological Association (APA):
Contingent Pension Liability. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/contingent-pension-liability/

Definition Sources


Definitions for Contingent Pension Liability are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.