### Question
How is the "funded percentage" defined?


### Answer
The term **funded percentage** is defined in *29 U.S.C. § 1085a* as follows -

> the ratio (expressed as a percentage) which—


(i) the value of plan assets (as determined under subsection (c)(2)), bears to


(ii) the plan's funding liability

#### Citation:
  - *29 U.S.C. § 1085a*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle B-Regulatory Provisions > part 3-funding**

