Funding Methods: Past, Present and Future

By Dan Johnson Background, Context and Terminology:  Back in the days when most Non-Qualified Benefit Plans (“NQBP”) were Defined Benefit in nature, Informal Funding of the plan with Corporate-Owned Life Insurance (“COLI”) involved projecting the benefit liabilities and then either buying enough COLI to take the cash retirement benefit out of the policies (“Cash Funding”), […]

Continue reading →