unfunded liability

(14) “unfunded liability” means the estimated excess of the present value of all benefits payable from the Fund under this part over the sum of— (A) the present value of deductions to be withheld from the future basic salary of participants and of future agency contributions to be made on their behalf, plus (B) the present value of Government payments to the Fund under section 4061 of this title , plus (C) the Fund balance as of the date the unfunded liability is determined; and

Source

22 USC § 4044(14)


Scoping language

None identified. Default scope is assumed to be the entire title.
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