### Question
How does the law define unfunded percentage?


### Answer
Under *26 U.S.C. § 412*, **unfunded percentage** is defined as:

> the percentage determined under subsection (*l*)(5)(A)(i)(I) for the plan year

#### Citation:
  - *26 U.S.C. § 412*
  - 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 B-Special Rules**

