Pension plans | Post-employment medical cover | |||||
---|---|---|---|---|---|---|
December 31, 2020 | United States | United Kingdom | Euro Zone | Other countries | United States | United Kingdom |
Discount rate | 2.11% | 1.60% to 1.65% | 0.60% |
0% to 5.20% |
2.11% | 1.60% to 1.65% |
Future wage increases | n/a | 3.25% | 2.25%(1) |
1.25% to 8% |
5% | n/a |
Future pension increases | n/a | 2% to 3.50% | 1.70%(1) | n/a | n/a | n/a |
(1) For Germany only.
The rate of increase in medical expenses used for 2021 is 6.1% with a gradual decrease to 4.3%.
0.5% increase | |||||
---|---|---|---|---|---|
Pension plans (in millions of euros) |
United States | United Kingdom | Euro zone | Other Countries | Total |
Total Change in discount rate Effect on actuarial benefit obligation at year-end |
(9) | (16) | (7) | (9) | (41) |
Change in the increase rate of salaries Effect on actuarial benefit obligation at year-end |
- | - | 5 | 7 | 12 |
0.5% decrease | |||||
---|---|---|---|---|---|
Pension plans (in millions of euros) |
United States | United Kingdom | Euro zone | Other Countries | Total |
Total Change in discount rate Effect on actuarial benefit obligation at year-end |
9 | 17 | 8 | 11 | 45 |
Change in the increase rate of salaries Effect on actuarial benefit obligation at year-end |
- | - | (5) | (6) | (11) |
0.5% increase | 0.5% decrease | ||||
---|---|---|---|---|---|
Post-employment medical cover (in millions of euros) |
United States | United Kingdom | Total | United States | Total |
Total Change in discount rate Effect on actuarial benefit obligation at year-end |
(1) | - | (1) | 1 | 1 |
Change in the increase rate of salaries Effect on actuarial benefit obligation at year-end |
- | - | - | - | - |