Form 5500 is a mandatory annual filing that plan administrators must submit to theU.S. Department of Labor. This form serves as a comprehensive report on the financial condition, investments, and operations of the pension plan. Larger plans are also subject to an additional requirement of an an...
A firm or government can fund its operations with debt and create plans to pay the debt off. They might not ever pay off their debts. In corporate finance, this is not a bad practice, depending on how the firm is set up and howit holds its assets. An unfunded liability is a debt t...