The rate assumptions used in the measurement of the Company's benefit obligation were as follows:
|
| | | | | |
| 2013 | | 2012 |
Discount rate | 3.91 | % | | 3.03 | % |
The rate assumptions used in the measurement of the Company's net cost were as follows:
|
| | | | | | | | |
| 2013 | | 2012 | | 2011 |
Discount rate | 3.03 | % | | 3.72 | % | | 4.69 | % |
Expected long-term return on plan assets | 7.00 | % | | 7.00 | % | | 7.00 | % |