amount of unfunded benefit liabilities

(18) “amount of unfunded benefit liabilities” means, as of any date, the excess (if any) of— (A) the value of the benefit liabilities under the plan (determined as of such date on the basis of assumptions prescribed by the corporation for purposes of section 1344 of this title ), over (B) the current value (as of such date) of the assets of the plan;


29 USC § 1301(a)(18)

Scoping language

for purposes of section 1344
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