### Question
How is the term recovery ratio defined?


### Answer
The term **recovery ratio** is defined in *29 U.S.C. § 1322* as the following:

> the ratio which—


(i) the sum of the values of all recoveries under section 1362, 1363, or 1364 of this title, determined by the corporation in connection with plan terminations described under subparagraph (B), bears to


(ii) the sum of all unfunded benefit liabilities under such plans as of the termination date in connection with any such prior termination

#### Citation:
  - *29 U.S.C. § 1322*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER III-PLAN TERMINATION INSURANCE > Subtitle B-Coverage**

