modified funded percentage
(2) Modified funded percentage For purposes of paragraph (1)(C), the term “modified funded percentage” means the percentage equal to a fraction the numerator of which is current value of plan assets (as defined in section 1002(26) of this title ) and the denominator of which is current liabilities (as defined in section 431(c)(6)(D) of title 26 and section 1084(c)(6)(D) of this title ).
Source
29 USC § 1432(b)(2)
Scoping language
None identified, default scope is assumed to be the parent (part 4) of this section.