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GLOSSARY
Actuarial deficiency definition
Published by a LexisNexis Pensions expert
What does Actuarial deficiency mean?
The amount which an actuary considers is necessary to be added to the assets to be sufficient to pay the benefits. Since it depends on actuarial assumptions which can vary considerably (some of them based on regulatory requirements), it can vary enormously in practice.
Actuarial deficiency
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