Unfunded vested benefits

Unfunded vested benefits means an amount by which the value of nonforfeitable benefits under the plan as defined for purposes of this section, exceeds the value of the assets of the plan.

Source

29 CFR § 4211.2


Scoping language

The following terms are defined in 4001.2 of this chapter: Code, employer, IRS, multiemployer plan, PBGC, plan, and plan year.

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