LensCrafters 2012 Annual Report Download - page 245
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| 159 >CONSOLIDATED FINANCIAL STATEMENTS - NOTES
The following tables show the main assumptions used to determine the period benefit
cost and the benefit obligation.
Pension Plan SERPs
2012 2011 2012 2011
Weighted average assumptions used
to determine benefit obligations:
Discount rate 4.30% 5.10% 4.30% 5.10%
Rate of compensation increase 5%-3%-2% 5%-3%-2% 5%-3%-2% 5%-3%-2%
Expected long-term return on plan
assets 7.50% 8.00% n.a. n.a.
Pension Plan
2012 2011
Weighted average assumptions used to determine net periodic
benefit cost:
Discount rate 4.30% 5.10%
Expected long-term return on plan assets 7.50% 8.00%
Rate of compensation increase 5%-3%-2% 5%-3%-2%
Mortality table 2013 Static 2012 Static
SERPs
2012 2011
Weighted average assumptions used to determine net periodic
benefit cost:
Discount rate:
- For the year ended December 31 4.30% 5.10%
- For the period prior to re-measurement n.a. n.a.
- For the period after re-measurement n.a. n.a.
Expected long-term return on plan assets n.a. n.a.
Rate of compensation increase 5%-3%-2% 5%-3%-2%
Mortality table 2013 Static 2012 Static