recovery ratio
Defined in 1 dictionary — U.S. Code
United States Code
29 U.S.C. § 1322 — in this section (7 versions over time)
Except as provided in subparagraph (C), the term “recovery ratio” means the ratio which—
(i) the sum of the values of all recoveries under section 1362, 1363, or 1364 of this title, determined by the corporation in connection with plan terminations described under subparagraph (B), bears to
(ii) the sum of all unfunded benefit liabilities under such plans as of the termination date in connection with any such prior termination.
29 U.S.C. § 1322 — in this section
In the case of a terminated plan with respect to which the outstanding amount of benefit liabilities exceeds $20,000,000, for purposes of this section, the term “recovery ratio” means, with respect to the termination of such plan, the ratio of—
(i) the value of the recoveries of the corporation under section 1362, 1363, or 1364 of this title in connection with such plan, to
(ii) the amount of unfunded benefit liabilities under such plan as of the termination date.