The gap between assets and a realistic actuarial valuation of present liabilities is simply staggering.

资产与当前负债实际精算评估值之间的差距简直大得惊人。

youdao

The actuary-based valuation refers to the method which uses actuarial knowledge and is completed by professional actuary.

精算评估主要由精算人员运用专业的精算知识完成。

youdao

Last year's actuarial valuation of the scheme in England and Wales showed that assets covered only 93% of liabilities.

ECONOMIST: Public-sector pensions