### Question
What is the definition of unfunded liability?


### Answer
The definition of **unfunded liability** is as follows in *28 U.S.C. § 376*:

> the estimated excess, determined on an annual basis in accordance with the provisions of section 9503 of title 31, United States Code, of the present value of all benefits payable from the Judicial Survivors' Annuities Fund, over the sum of—


(A) the present value of deductions to be withheld from the future basic pay of judicial officials

#### Citation:
  - *28 U.S.C. § 376*
  - Heading: **PART I-ORGANIZATION OF COURTS > CHAPTER 17-RESIGNATION AND RETIREMENT OF JUSTICES AND JUDGES**

