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The best thing would be to privatise those schemes and shift them on to a properly funded basis; in the meantime, governments need to run big surpluses today if they are to avoid big deficits (or higher taxes) tomorrow.Surplus?
It potentially allows universities to increase recruitment to arts and humanities subjects on a funded basis.
George W. Bush's plan is economic nonsense -- his proposed tax cut is inconsistent with his plan to move workers, through individual investment accounts, to a funded basis.
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To get the cash TNMOC must also do its own fund-raising as the money has been pledged on a "matching funding" basis.
In Australia, hedge fund Basis Capital has lost 80% of certain investors' money.
For company pension schemes, PricewaterhouseCoopers calculates that the total pension fund deficit for companies in the FTSE 350 index, measured on the funding basis used by the pensions regulator, stood at £33bn at the end of December 2007.
Nuns are notoriously cheap labour, and best of all hospitals can be run on a mixed funding basis with contributions from rich local benefactors, the church, and the state.
"The most important thing is to get people out of bad situations … And to be frank it's very, very difficult when you hear evidence like we heard this afternoon that shelters are operating on a one-year funding basis".
Hyslop said: "The Scottish government is making a significant capital contribution to the project, providing a sound funding basis to which the partnership can add from other sources to enable the project to proceed.
To help you, here's a refresher course in fund basis.
Fan Funding projects work on an all-or-nothing funding basis, and run for a standard 30 day term.
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