funding target attainment percentage
(9) Terms relating to funding target attainment percentage For purposes of this subsection— (A) In general The term “funding target attainment percentage” has the same meaning given such term by section 1083(d)(2) of this title . (B) Adjusted funding target attainment percentage The term “adjusted funding target attainment percentage” means the funding target attainment percentage which is determined under subparagraph (A) by increasing each of the amounts under subparagraphs (A) and (B) of section 1083(d)(2) of this title by the aggregate amount of purchases of annuities for employees other than highly compensated employees (as defined in section 414(q) of title 26 ) which were made by the plan during the preceding 2 plan years. (C) Application to plans which are fully funded without regard to reductions for funding balances In the case of a plan for any plan year, if the funding target attainment percentage is 100 percent or more (determined without regard to the reduction in the value of assets under section 1083(f)(4) of this title ), the funding target attainment percentage for purposes of subparagraphs (A) and (B) shall be determined without regard to such reduction.