Examlex
You say you cannot remember the geography you learned in junior high school. Someone tests whether you can relearn it faster than you learned it the first time. Which method of testing memory is this?
Overfunded
A situation where a pension plan's assets exceed its liabilities, indicating that there are more than enough funds to meet future obligations.
Underfunded
A term referring to insufficient funding to meet future obligations or commitments.
Funding Requirements
The total amount of capital needed to support a business's operations, projects, or to fulfill other financial commitments.
Actuarial Assumptions
The hypotheses about demographic, financial, and other variables that actuaries use to calculate the liabilities and expenses of insurance and pension plans.
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