### Question
What is the definition of excess pension assets?


### Answer
The definition of **excess pension assets** is as follows in *26 U.S.C. § 420*:

> the excess (if any) of—


(A) the amount determined under section 412(c)(7)(A)(ii), over


(B) the greater of—


(i) the amount determined under section 412(c)(7)(A)(i), or


(ii) 125 percent of current liability (as defined in section 412(c)(7)(B))

#### Citation:
  - *26 U.S.C. § 420*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter D-Deferred Compensation, Etc. > PART I-PENSION, PROFIT-SHARING, STOCK BONUS PLANS, ETC. > Subpart E-Treatment of Transfers to Retiree Health Accounts**

