Phrases with «pension shortfall»

"Pension shortfall" refers to a situation where there is not enough money in a pension fund to cover all the future payments and obligations to retirees. It means that the pension fund does not have sufficient funds to pay the amount of money promised to retirees each month. Full definition

Sentences with «pension shortfall»

  • He was a 2010 Robert Novak Fellow with the Phillips Foundation, where he studied state pension shortfalls. (freebeacon.com)
  • Meanwhile, the U.S. is already facing a $ 1 trillion pension shortfall due to an aging population and tight state budgets. (fortune.com)
  • New Jersey's public pension shortfall, already one of the worst in the country, grew to $ 43.8 billion as of July 2015. (nje3.org)
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