Phrases with «pension debt»

"Pension debt" refers to the accumulated financial obligations or liabilities that a company, organization, or government has towards its employees' pension plans. It represents the amount of money that they owe to current and future retirees in the form of retirement benefits. Full definition

Sentences with «pension debt»

  • And that's just state pension debt; that doesn't include local government pensions or health care debt. (illinoispolicy.org)
  • The state has $ 14 billion in pension debt that eats up a lot of the pension contributions made on behalf of teachers. (teacherpensions.org)
  • For every $ 100 paid in salary, states and school districts are paying $ 12 toward pension debts and only $ 5 in benefits for current teachers. (educationnext.org)
  • (see all sentences)
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