b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2020 (Continued)SPCS funeral grant planTheeffectofa1percentagepointchangeintheassumeddiscountrateandassumedfuneralgrantincreaseonthedefinedbenefitobligationare:Assumptions Discount rate Funeral grant increaseSensitivity level 1% Increase 1% Decrease 1% Increase 1% Decrease2020 (6,567) 9,944 9,595 (6,503)2019 (5,043) 7,737 7,472 (5,000)GOw2 funeral grant planTheeffectofa1percentagepointchangeintheassumeddiscountrateandassumedfuneralgrantincreaseonthedefinedbenefitobligationare:Assumptions Discount rate Funeral grant increaseSensitivity level 1% Increase 1% Decrease 1% Increase 1% Decrease2020 (5,666) 7,855 7,533 (5,553)2019- - - - Staatsolie pension gratuity planTheeffectofa1percentagepointchangeintheassumeddiscountrateandassumedsalaryincreaseonthedefinedbenefitobligationare:Assumptions Discount rate Future salary increasesSensitivity level 1% Increase 1% Decrease 1% Increase 1% Decrease2020 (318,880) 376,159 387,291 (334,870)2019 (288,462) 338,257 313,757 (273,642)SPCS pension gratuity planTheeffectofa1percentagepointchangeintheassumeddiscountrateandassumedsalaryincreaseonthedefinedbenefitobligationare:Assumptions Discount rate Future salary increasesSensitivity level 1% Increase 1% Decrease 1% Increase 1% Decrease2020 (7,063) 8,618 8,741 (7,283)2019 (4,834) 5,975 5,736 (4,754)132 STAATSOLIE 2020 ANNUAL REPORT'