funded current liability percentage
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 433 — for purposes of this section (2 versions over time)
For purposes of this section, the term “funded current liability percentage” means, with respect to any plan year, the percentage which—
(1) the value of the plan’s assets determined under subsection (c)(2), is of
(2) the current liability under the plan.
29 U.S.C. § 1085A — for purposes of this section (4 versions over time)
For purposes of this section, the term “funded current liability percentage” means, with respect to any plan year, the percentage which—
(1) the value of the plan’s assets determined under subsection (c)(2), is of
(2) the current liability under the plan.