### Question
What does funded current liability percentage mean?


### Answer
**Funded current liability percentage** has the following meaning in *29 U.S.C. § 1082*:

> given such term by paragraph (8)(B), except that such percentage shall be determined for any plan year—


(i) without regard to paragraph (8)(E), and


(ii) by using the rate of interest which is the highest rate allowable for the plan year under paragraph (7)(C).

#### 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**

