The effects of a possible change in the main actuarial assumptions at the end of the year are listed below:
Discount rate |
Rate of price inflation |
Rate of increases in pensionable salaries |
Healthcare cost trend rate |
Rate of increases to pensions in payment | ||||||||||||||||||||
(€ million) | 0.5% Increase | 0.5% Decrease | 0.5% Increase | 0.5% Increase | 0.5% Increase | 0.5% Increase | ||||||||||||||||||
December 31, 2017 | ||||||||||||||||||||||||
Effect on DBO | ||||||||||||||||||||||||
TFR | (13 | ) | 14 | 9 | ||||||||||||||||||||
Foreign defined benefit plans | (72 | ) | 79 | 24 | 20 | 13 | ||||||||||||||||||
FISDE and other foreign medical plans | (7 | ) | 7 | 7 | ||||||||||||||||||||
Other benefit plans | (3 | ) | 1 | 1 | ||||||||||||||||||||
December 31, 2016 | ||||||||||||||||||||||||
Effect on DBO | ||||||||||||||||||||||||
TFR | (15 | ) | 16 | 10 | ||||||||||||||||||||
Foreign defined benefit plans | (57 | ) | 66 | 33 | 15 | 23 | ||||||||||||||||||
FISDE and other foreign medical plans | (7 | ) | 8 | 8 | ||||||||||||||||||||
Other benefit plans | (2 | ) | 2 | 1 |