Determination of amount
(A) In general
(A)In general#
The amount determined under this paragraph for any plan year shall be equal to the excess (if any) of—
(i) the sum of— (I) the funding target for the plan year, (II) the target normal cost for the plan year, and (III) the cushion amount for the plan year, over
(ii) the value (determined under section 430(g)(3)) of the assets of the plan which are held by the plan as of the valuation date for the plan year.
(A)(i)#
the sum of—
(I) the funding target for the plan year,
(II) the target normal cost for the plan year, and
(III) the cushion amount for the plan year, over
(A)(i)(I)#
the funding target for the plan year,
(A)(i)(II)#
the target normal cost for the plan year, and
(B)Special rule for certain employers#
If section 430(i) does not apply to a plan for a plan year, the amount determined under subparagraph (A)(i) for the plan year shall in no event be less than the sum of—
(i) the funding target for the plan year (determined as if section 430(i) applied to the plan), plus
(ii) the target normal cost for the plan year (as so determined).
(B)(i)#
the funding target for the plan year (determined as if section 430(i) applied to the plan), plus
(B)(ii)#
the target normal cost for the plan year (as so determined).