What is the definition of Pension shortfall? | Dictionary.net

PENSION SHORTFALL

\pˈɛnʃən ʃˈɔːtfɔːl], \pˈɛnʃən ʃˈɔːtfɔːl], \p_ˈɛ_n_ʃ_ə_n ʃ_ˈɔː_t_f_ɔː_l]\

Definitions of PENSION SHORTFALL

1910 - Black's Law Dictionary (2nd edition)

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A pension shortfall occurs when a company fails to provide enough funds for paying its employee retirement benefits. The company must be having a defined pension plan set for its employees.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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