b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (Continued)Thesignificantassumptionsusedindeterminingpension,post-employmenthealthcareandotherlong-termemployeebenefitobligationsfortheGroupsplansareshownbelow:2018 2017Discountrate:Staatsolie employee pension plan 4.8% 4.6%Staatsolie retiree medical plan 7.5% 12.5%Staatsolie funeral grant plan for retirees 4.9% 4.5%Staatsolie pension gratuity4.1% 4.5%Staatsoliejubileebenefits 3.8% 3.1%Staatsolie periodic additional holiday allowance 3.1% 4.5%Executive pension plan 4.6% 4.5%Supplementary Provision Board members 3.4% 4.5%GOw2 retiree medical plan Between7.5%and8.5% Between 7.5% and 12.5%GOw2jubileebenefits Between7.5%and8.5% Between 7.5% and 12.5%SPCS retiree medical plan 7.5% 12.5%SPCS funeral grant plan for retirees 4.9% 4.5%SPCS pension gratuity 4.9% 4.5%SPCSjubileebenefits 4.3% 4.5%SPCS periodic additional holiday allowance 3.2% 4.5%Futureconsumerpriceindexincreases:Staatsolieemployeepensionplan&Executivepensionplan 3.0% 3.0%Staatsoliejubileebenefits 3.0% 3.0%Staatsolie&SPCSretireemedicalplan 6.0% 11.0%Staatsolie&SPCSfuneralgrantplanforretirees 3.0% 3.0%Staatsolie&SPCSpensiongratuity 3.0% 3.0%Staatsolie&SPCSperiodicadditionalholidayallowance 3.0% 3.0%Supplementary Provision Board members 3.0% 3.0%GOw2 retiree medical plan Between6.0%and7.0% Between6.0%and11.0%GOw2jubileebenefits Between6.0%and7.0% Between6.0%and11.0%Futuresalaryincreases:Staatsolieemployeepensionplan&Executivepensionplan 3.0%+agerelatedmerit-forbothyearsStaatsolie&SPCSjubileebenefits 3.0%+agerelatedmerit-forbothyearsStaatsolie&SPCSpensiongratuity 3.0%+agerelatedmerit-forbothyearsStaatsolie&SPCSperiodicadditionalholidayallowance 3.0%+agerelatedmerit-forbothyearsSupplementary Provision Board members 3.0%+agerelatedmerit-forbothyearsGOw2jubileebenefits Between6.0%and13% Between7.0%and26%+merit +meritHealthcarecostincreaserate:Staatsolie&SPCSretireemedicalplan 8.0% 13.0%GOw2 retiree medical plan Between8.0%and9.0% Between8.0%and13.0%Years YearsLifeexpectationforretireesattheageof60:Staatsolieemployeepensionplan&ExecutivepensionplanMale 18.4 18.4Female 21.0 21.0Post-employmenthealthcare&otherlong-termbenefitplansMale 18.4 18.4Female 21.0 21.098 STAATSOLIE 2018 ANNUAL REPORT'