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funded current liability percentage

Defined in 2 places across 2 titles of the United States Code.

For purposes of this section, the term "funded current liability percentage" means, with respect to any plan year, the percentage which—

Same definition in 2 sections

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.

Same definition in 2 sections