| 释义 |
Pension Shortfall Pension ShortfallA situation in which there are insufficient funds in a defined benefit plan to cover the plan's obligations. A pension shortfall may occur when the investments into which the employer placed the funds do not perform as well as hoped, or perhaps when a disproportionate number of retirees live longer than expected. The company providing the pension is liable for the pension shortfall, meaning that it must find a way to make payments, even if it reduces the company's income. |