### Question
How is the "funded percentage" defined?


### Answer
The term **funded percentage** is defined in *29 U.S.C. § 1085* as follows -

> the percentage equal to a fraction—


(A) the numerator of which is the value of the plan's assets, as determined under section 1084(c)(2) of this title, and


(B) the denominator of which is the accrued liability of the plan, determined using actuarial assumptions described in section 1084(c)(3) of this title

#### Citation:
  - *29 U.S.C. § 1085*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle B-Regulatory Provisions > part 3-funding**

