b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2020 (Continued)Thesignificantassumptionsusedindeterminingpension,post-employmenthealthcareandotherlong-termemployeebenefitobligationsfortheGroupsplansareshownbelow:2020 2019 2020 2019% % Plan currency typeDiscount rate: Staatsolie employee pension plan 3.3% 3.5% USD USD Staatsolie retiree medical plan 9.5% 7.5% SRD SRD Staatsolie funeral grant plan for retirees 3.6% 3.7% USD USD Staatsolie pension gratuity2.5% 2.8% USD USDStaatsoliejubileebenefits 2.3% 2.7% USD USD Staatsolie periodic additional holiday allowance 0.7% 2.0% USD USD Executive pension plan 3.3% 3.4% USD USDSupplementaryProvisionBoardmembers 2.1% 2.3% USD USD GOw2 employee pension plan 3.5% 3.6% USD USD GOw2 retiree medical plan 9.5% 6.5% SRD SRD GOw2 funeral grant plan for retirees 3.6% 3.7% USD USDGOw2jubileebenefits 2.2% 7.5% USD SRDGOw2Pensiongratuity 2.1% 7.5% USD SRD GOw2 periodic additional holiday allowance 1.0% 2.1% USD USDSPCSemployeepensionplan 3.6% 3.7% USD USDSPCSretireemedicalplan 9.5% 7.5% SRD SRDSPCSfuneralgrantplanforretirees 3.6% 3.6% USD USDSPCSpensiongratuity 3.2% 3.6% USD USDSPCSjubileebenefits 2.7% 3.1% USD USDSPCSperiodicadditionalholidayallowance 0.8% 2.0% USD USDFuture consumer price index increases: Staatsolie employee pension plan & Executive pension plan 3.0% 3.0% USD USD Staatsolie Executive pension plan 3.0% 3.0% USD USDSPCSemployeepensionplan 3.0% 3.0% USD USD GOw2 employee pension plan 3.0% n/a USD n/aStaatsolie,SPCS&GOw2retireemedicalplan 16.0% 6.0% SRD SRDStaatsolie&SPCSfuneralgrantplanforretirees 3.0% 3.0% USD USD GOw2 funeral grant plan for retirees 3.0% n/a USD n/aStaatsolie&SPCSjubileebenefits 3.0% 3.0% USD USDGOw2jubileebenefits 3.0% 6.0% USD SRDStaatsolie&SPCSpensiongratuity 3.0% 3.0% USD USDGOw2Pensiongratuity 3.0% 6.0% USD SRDStaatsolie,SPCS&GOw2periodicadditionalholidayallowance 3.0% 3.0% USD USDSupplementaryProvisionBoardmembers 3.0% 3.0% USD USDFuture salary increases: Staatsolie employee pension plan & Executive pension plan 3.0%+agerelatedmerit USD USDStaatsolieSPCS&GOw2jubileebenefits* 3.0%+agerelatedmerit USD USDStaatsolie,SPCS&GOw2pensiongratuity* 3.0%+agerelatedmerit USD USDStaatsolie,SPCS&GOw2periodicadditionalholidayallowance* 3.0%+agerelatedmerit USD USDSupplementaryProvisionBoardmembers 3.0%+agerelatedmerit USD USDGOw2jubileebenefits(SRDbased) 3.0%+agerelatedmerit SRD SRDGOw2jubileebenefits n/a 6.0%-13%(+merit)Healthcare cost increase rate:Staatsolie&SPCSretireemedicalplan 18.0% 8.0% SRD SRD GOw2 retiree medical plan 18.0% 7.0%-12.0% SRD SRDLife expectation for retirees at the age of 60: Years YearsStaatsolie,SPCS&GOw2employeepensionplan&Executivepensionplan 18.4 18.4Male 21.0 21.0 FemalePost-employment healthcare & other long-term benefit plans:Male 18.4 18.4 Female 21.0 21.0* For GOw2 applicable only in 2020128 STAATSOLIE 2020 ANNUAL REPORT'