### Question
How is the term unfunded vested benefits defined?


### Answer
The term **unfunded vested benefits** is defined in *29 U.S.C. § 1393* as the following:

> with respect to a plan, an amount equal to—


(A) the value of nonforfeitable benefits under the plan, less


(B) the value of the assets of the plan

#### Citation:
  - *29 U.S.C. § 1393*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER III-PLAN TERMINATION INSURANCE > Subtitle E-Special Provisions for Multiemployer Plans > part 1-employer withdrawals**

