### Question
What does unfunded new liability mean?


### Answer
**Unfunded new liability** has the following meaning in *29 U.S.C. § 1082*:

> the unfunded current liability of the plan for the plan year determined without regard to—


(i) the unamortized portion of the unfunded old liability, the unamortized portion of the additional unfunded old liability, the unamortized portion of each unfunded mortality increase, and the unamortized portion of the unfunded existing benefit increase liability, and


(ii) the liability with respect to any unpredictable contingent event benefits (without regard to whether the event has occurred)

#### Citation:
  - *29 U.S.C. § 1082*
  - Heading: **CHAPTER 17-COMPREHENSIVE EMPLOYMENT AND TRAINING PROGRAMS > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle B-Regulatory Provisions > part 3-funding**

