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


### Answer
Under *29 U.S.C. § 1085*, **funded percentage** is defined as:

> the percentage equal to a fraction—


(A) the numerator of which is the value of the plan's assets, as determined under section 1084(c)(2) of this title, and


(B) the denominator of which is the accrued liability of the plan, determined using actuarial assumptions described in section 1084(c)(3) of this title

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

