Underfunding the excess of the present value of all accrued benefits under a Plan (based on those assumptions used to fund such Plan), determined as of the most recent annual valuation date, over the value of the assets of such Plan allocable to such accrued benefits.
Underfunding means, with respect to any Plan, the excess, if any, of (a) the present value of all benefits under the Plan (based on the assumptions used to fund the Plan pursuant to Section 412 of the Code) as of the most recent valuation date over (b) the fair market value of the assets of such Plan as of such valuation date.
Underfunding means, with respect to any Plan, the excess, if any, of the “accumulated benefit obligations” (within the meaning of Statement of Financial Accounting Standards 87) under such Plan (determined using the actuarial assumptions and discount rate used with respect to such Plan in the most recent financial statements of the Borrower) over the fair market value of the assets held under the Plan.
Examples of Underfunding in a sentence
Feasibility And Underfunding Filed By Scott Waterman Represented By Polly A.
Feasibility & Underfunding , Motion To Dismiss Debtor(S) For Failure To File Documents Filed By Frederick L.
The aggregate amount of Underfunding for all Underfunded Plans does not exceed $100,000.
COWS, Madison Institute, and Institute for Wisconsin’s Future conference on Underfunding, A Threat to our Civil Society: A Symposium on Increasing Tax Yield and Tax Equity.
Underfunding & Feasibility , Motion To Dismiss Debtor(S) For Failure To File Documents Filed By Frederick L.
More Definitions of Underfunding
Underfunding means, with respect to any Title IV Plan, the excess, if any, of (a) the present value of all benefits under the Title IV Plan (based on the assumptions used to fund the Title IV Plan pursuant to Section 412 of the IRC) as of the most recent valuation date over (b) the fair market value of the assets of such Title IV Plan as of such valuation date.
Underfunding means, with respect to any Plan subject to Title IV of ERISA, the excess, if any, of the "projected benefit obligations" (within the meaning of Statement of Financial Accounting Standards 87) under such Plan (determined using the actuarial assumptions used for purposes of calculating funding requirements in the most recent actuarial report for such plan) over the fair market value of the assets held under the Plan.
Underfunding shall have the meaning set forth in Section 5.11(j).
Underfunding means, with respect to any Plan, the excess, if any, of ------------
Underfunding means, with respect to any Plan, the excess, if any, of the "projected benefit obligations" (within the meaning of Statement of Financial Accounting Standards 87) under such Plan over the fair market value of the assets held under the Plan.
Underfunding means, with respect to any Plan subject to Title IV of ERISA, the excess, if any, of the “projected benefit obligations” (within the meaning of Statement of Financial Accounting Standards 87) under such Plan (determined using the actuarial assumptions used for purposes of calculating funding requirements in the most recent actuarial report for such plan) over the fair market value of the assets held under the Plan.
Underfunding means, with respect to any Plan, the "amount of unfunded benefit liabilities" of such Plan with the meaning of ERISA Section 4001(a)(18).