unfunded liability

(2) For purposes of paragraph (1), the term “unfunded liability” means the estimated excess, determined on an annual basis in accordance with the provisions of section 9503 of title 31 , United States Code, of the present value of all benefits payable from the Judicial Survivors’ Annuities Fund, over the sum of— (A) the present value of deductions to be withheld from the future basic pay of judicial officials; plus (B) the balance in the Fund as of the date the unfunded liability is determined. In making any determination under this paragraph, the Comptroller General shall use the applicable information contained in the reports filed pursuant to section 9503 of title 31 , United States Code, with respect to the judicial survivors’ annuities plan established by this section.

Source

28 USC § 376(c)(2)

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Scoping language

None identified, default scope is assumed to be the parent (chapter 17) of this section.

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