actuarial deficit definition
actuarial deficit means the amount by which the actuarial liabilities exceed the assets of the Fund as stated on a going-concern basis in the Actuarial Valuation Report, excluding any future payments to the Fund under subsection 27C(1);
actuarial deficit means the exceedance of the actuarial value of liabilities over the actuarial value of assets of the fund.
actuarial deficit means the amount by which the Actuarial Liabilities exceed the assets of the Fund, excluding any future payments to or from the Province pursuant to Article 7.1(c) and (d), as stated from time to time in an Actuarial Valuation Report by the Actuary;