### Question
What does section 1362(c) recovery ratio mean?


### Answer
**Section 1362(c) recovery ratio** has the following meaning in *29 U.S.C. § 1344*:

> the ratio which—


(i) the sum of the values of all recoveries under section 1362(c) of this title determined by the corporation in connection with plan terminations described under subparagraph (B), bears to


(ii) the sum of all the amounts of liability under section 1362(c) of this title with respect to such plans as of the termination date in connection with any such prior termination

#### Citation:
  - *29 U.S.C. § 1344*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER III-PLAN TERMINATION INSURANCE > Subtitle C-Terminations**

