b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2020 (Continued)Executive pension plan2020changesinthedefinedbenefitobligationandfairvalueoftheplanassets.Pension cost charged to profit or loss Remeasurement gains/(losses) in other comprehensive income(X US$ 1,000) Return on ActuarialActuarial plan assets changeschanges Net InterestSub-totalBenefits(excludingarising fromarising fromExperienceSub total ContributionContribution 1.1.2020 Service cost expense included inpaid amountschanges inchanges inadjustments included inby employer by employee 31.12.2020profit or loss included indemographicfinancial OCInet interestassumptions assumptionsexpense)Definedbenefitobligation(5,134) (137) (175)(312)- - -(77) 1,049972 - - (4,474)Fair value of plan assets4,500 -167167 -(1,970)- - - (1,970) 82423 3,544 Benefit liability(634)(137)(8)(145)- (1,970)- (77)1,049 (998)824 23 (930)2019changesinthedefinedbenefitobligationandfairvalueoftheplanassets.Pension cost charged to profit or loss Remeasurement gains/(losses) in other comprehensive income(X US$ 1,000) Return on ActuarialActuarial plan assets changeschanges Net InterestSub-totalBenefits(excludingarising fromarising fromExperienceSub total ContributionContribution 1.1.2019 Service cost expense included inpaid amountschanges inchanges inadjustments included inby employer by employee 31.12.2019profit or loss included indemographicfinancial OCInet interestassumptions assumptionsexpense)Definedbenefitobligation(4,848) (275)(223)(498)- - -(824) 1,036212 - - (5,134)Fair value of plan assets4,339 - 222 222 -(1,014)- - - (1,014) 92033 4,500 Benefit liability(509)(275)(1)(276)- (1,014)- (824)1,036 (802)920 33 (634)Post-employment benefits Pension gratuity planRetiree medical plan Staatsolie,SPCSandGOw2employeesareeligibleforagratuityuponretirement.TheamountoftheRetiredemployeesofStaatsolie,GOw2and gratuitydependsontheyearsofservice.PermanentSPCSwhoseemploymentwasterminateddue employees whose service until the retirement date is toreachingtheretirementageafteraspecified atleast10years,shallbeeligibleforthegratuity.numberofyearsofservice,aswellasthosewhoarepartoftheirfamily,shallbeentitledtomedicalcare at the expense of the Group. Entitlements shall also be granted to retired employees of Staatsolie whose employment was terminated due to disability with the entitlement to a disability pension,aswellasthosewhoarepartoftheirfamilyatthattime.Thereisnorequirementforaminimum service.118 STAATSOLIE 2020 ANNUAL REPORT'