### Question
How is the "current liability" defined?


### Answer
The term **current liability** is defined in *29 U.S.C. § 1085a* as follows -

> all liabilities to employees and their beneficiaries under the plan

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

