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It is when there is not enough money to pay pensions. For example lots of companies have money set aside to pay their retired employees which is funded through existing employees paying into the pension scheme. If the amount of money to be paid to retired employees is more than there is in the pension fund, then the company has a pension deficit. At some point the money will run out.
What else can I help you with?
How do you calculate nominal deficit?
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
What is the noun of deficit?
An example of using the noun, deficit, is: "an annual operating deficit."
What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
What is primary deficit in a budget?
Primary deficit=Fiscal deficit-[minus] Interest payments
What is monetized deficit?
Monetized deficit is when the government prints money to pay down the deficit.
A regular payment made to person after he or she retires?
pension
Old pension basic 5269 what is my new basic pension?
my basic pension is 8123 and what will be my new basic pension
What is the concept of deficit financing?
Concept of deficit
Does Costa Rica have a deficit or a surplus?
Deficit
What pension did a roman civilian get?
No pension.
What is a current account deficit?
current account deficit
Does US have a deficit or trade surplus?
Trade deficit
