b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (Continued)Thesignificantassumptionsusedindeterminingpension,post-employmenthealthcareandotherlong-termemployeebenefitobligationsfortheGroupsplansareshownbelow:2019 2018Discountrate: Staatsolie employee pension plan 3.5% 4.8% Staatsolie retiree medical plan 7.5% 7.5% Staatsolie funeral grant plan for retirees 3.7% 4.9% Staatsolie pension gratuity2.8% 4.1%Staatsoliejubileebenefits 2.7% 3.8%Staatsolieperiodicadditionalholidayallowance 2.0% 3.1%Executivepensionplan 3.4% 4.6%SupplementaryProvisionBoardmembers 2.3% 3.4%GOw2retireemedicalplan 6.5% Between7.5%and8.5%GOw2jubileebenefits 6.8% Between7.5%and8.5%GOw2Pensiongratuity 6.7% n.aSPCSemployeepensionplan 3.7% n.aSPCSretireemedicalplan 7.5% 7.5%SPCSfuneralgrantplanforretirees 3.6% 4.9%SPCSpensiongratuity 3.6% 4.9%SPCSjubileebenefits 3.2% 4.3%SPCSperiodicadditionalholidayallowance 2.0% 3.2%Futureconsumerpriceindexincreases:StaatsolieandSPCSemployeepensionplans3.0% 3.0%&ExecutivepensionplanStaatsoliejubileebenefits 3.0% 3.0%Staatsolie&SPCSretireemedicalplan 6.0% 6.0%Staatsolie&SPCSfuneralgrantplanforretirees 3.0% 3.0%Staatsolie&SPCSpensiongratuity 3.0% 3.0%Staatsolie&SPCSperiodicadditionalholidayallowance 3.0% 3.0%SupplementaryProvisionBoardmembers 3.0% 3.0%GOw2retireemedicalplan Between6.0%and10.0% Between6.0%and7.0%GOw2jubileebenefits Between6.0%and10.0% Between6.0%and7.0%GOw2pensiongratuity 6.0% n.aFuturesalaryincreases:Staatsolie/SPCSemployeepensionplan3.0%+agerelatedmerit-forbothyears&ExecutivepensionplanStaatsolie&SPCSjubileebenefits 3.0%+agerelatedmerit-forbothyearsStaatsolie&SPCSpensiongratuity 3.0%+agerelatedmerit-forbothyearsStaatsolie&SPCSperiodicadditionalholidayallowance 3.0%+agerelatedmerit-forbothyearsSupplementaryProvisionBoardmembers 3.0%+agerelatedmerit-forbothyearsGOw2jubileebenefits Between6.0%andBetween6.0%and 10.0%+merit 13.0%+meritHealthcarecostincreaserate:Staatsolie&SPCSretireemedicalplan 8.0% 8.0%GOw2retireemedicalplan Between7.0%and12.0% Between8.0%and9.0%110 STAATSOLIE 2019 ANNUAL REPORT'