b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (Continued)Staatsolie employee pension planTheeffectofa1percentagepointchangeintheassumeddiscountrate,theassumedsalaryincreasesandthepensionadjustmentonthedefinedbenefitobligationare:Assumptions Pension adjustment Discount rate Future salary increasesSensitivitylevel 1%Increase 1%Decrease 1%Increase 1%Decrease 1%Increase 1%Decrease2019 21,655,471 (18,169,612) (26,561,340) 34,397,026 10,560,961 (9,258,476)2018 14,912,529 (12,620,863) (18,377,819) 23,378,475 7,307,713 (6,474,642)SPCS employee pension planTheeffectofa1percentagepointchangeintheassumeddiscountrate,theassumedsalaryincreasesandthepensionadjustmentonthedefinedbenefitobligationare:Assumptions Pension adjustment Discount rate Future salary increasesSensitivitylevel 1%Increase 1%Decrease 1%Increase 1%Decrease 1%Increase 1%Decrease2019 157,951 (130,953) (283,207) 397,776 205,693 (171,459)2018 - - - - - -Executive pension planTheeffectofa1percentagepointchangeintheassumeddiscountrateandtheassumedsalaryincreasesonthedefinedbenefitobligationare:Assumptions Discount rate Future salary increasesSensitivitylevel 1%Increase 1%Decrease 1%Increase 1%Decrease2019 (699,814) 862,696 206,719 (194,793)2018 (585,443) 710,115 147,538 (139,215)112 STAATSOLIE 2019 ANNUAL REPORT'