Benefits taken into account
Benefits taken into account (1)In general(i)Benefits earned or accrued.The benefits taken into account in determining the target normal cost and the funding target underparagraph (b)of this section are all benefits earned or accrued under the plan that have not yet been paid as of the valuation date, including retirement-type and ancillary benefits (within the meaning of 1.411(d)3(g)). The benefits taken into account are based on the participant's or beneficiary's status (such as active employee, vested or partially vested terminated employee, or disabled participant) as of the valuation date, and those benefits are allocated to the funding target or the target normal cost underparagraph (c)(1)(ii)of this section.