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prefund

  • a word derived from fund.
    fund
    noun
    a supply of money or pecuniary resources, as for some purpose.

Example Sentences

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But it’s well-known that the biggest single burden on the service’s bottom line is a 2006 congressional mandate that it prefund its retiree healthcare liability, which no other government agency and few private businesses do.

From Los Angeles Times Sep. 29, 2021

To become financially stable, the Postal Service has urged Congress for years to give it relief from the mandate to prefund retiree health benefits.

From Seattle Times Aug. 22, 2020

The Postal Service is struggling with a 2006 congressional mandate to prefund the health care of its future retirees.

From Washington Times Jun. 12, 2015

Augusta National will prefund the $20 million project, which will ultimately be paid for by a 1 percent regional sales tax, says Steven Cassell, a traffic engineer for the city of Augusta.

From Golf Digest Mar. 28, 2014

A U.S. law requires annual payments through 2016 to prefund the health benefits, a requirement not placed on any other government agency.

From Reuters Aug. 5, 2010