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But the particular focus of Conran's crusade is how disproportionately this collective deficit has an impact on women and their prospects.
NHSI's report also shows that hospitals recorded a collective deficit in the first six months of 2017-18 of £1.15bn, which is £143m more than planned.
As we are on the subject of pensions, there is also the collective deficit of the UK's solvent private-sector schemes, which according to the pension provider JLT currently stands at £177bn.
The 151 FTs regulated by Monitor recorded a collective deficit of £445m between the start of April and the end of June this year, and expect to end 2015-16 as a whole £1bn in the red.
The Department of Health welcomed NHS Providers' acknowledgement that trusts were treating record numbers of patients and also making good progress at reducing its collective deficit, which hit a record £2.45bn in 2015-16.
Both figures are well down on the £137bn collective deficit seen at the end of 2016 by Mercer's calculations, illustrating how an unusual rise in both stock and bond markets last year improved pension scheme finances.
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There is an air of incredulity about the prospect of reaching the required £22bn of efficiency savings when providers are running up collective deficits of hundreds of millions of pounds.
Their manifestos for the European elections share a collective imagination deficit.
At the beginning of the 2012 fiscal year, states faced a collective budget deficit of $91 billion, according to the National Conference of State Legislatures.
Noses buried in phones, attention spans decimated by social media, seemingly succumbing to a collective attention deficit disorder.
The euro area's collective budget deficit was 0.6% of its GDP last year, according to the European Commission, a picture of health compared with America and Britain.
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