LensCrafters 2011 Annual Report Download - page 237
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| 161 >CONSOLIDATED FINANCIAL STATEMENTS - NOTES
The following tables show the main assumptions used to determine the period benefit
cost and the benefit obligation.
Lux Plan SERPs
2011 2010 2011 2010
Weighted-average assumptions used
to determine benefit obligations:
Discount rate 5.10% 5.50% 5.10% 5.50%
Rate of compensation increase 5% / 3% / 2% 5% / 3% / 2% 5% / 3% / 2% 5% / 3% / 2%
Expected long-term return on plan
assets 8.00% 8.00% N/A N/A
Pension Plan
2011 2010
Weighted-average assumptions used
to determine net periodic benefit cost:
Discount rate 5.10% 5.50%
Expected long-term return on plan assets 8.00% 8.00%
Rate of compensation increase 5% / 3% / 2% 5% / 3% / 2%
Mortality table RP-2000 RP-2000
SERPs
2011 2010
Weighted-average assumptions used
to determine net periodic benefit cost:
Discount rate:
For the year ended December 31 5.10 N/A
For the period prior to re-measurement N/A 6.15%
For the period after re-measurement N/A 5.50%
Expected long-term return on plan assets N/A N/A
Rate of compensation increase 5% / 3% / 2% 5% / 3% / 2%
Mortality table RP-2000 RP-2000