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ManpowerGroup | Annual Report 2014 81
Notes to Consolidated Financial Statements
The discount rate used in the measurement of the benefit obligation was 3.9% and 4.7% in 2014 and 2013, respectively.
The discount rate used in the measurement of net periodic benefit cost was 4.7% in 2014, 3.9% (January through
September) and 4.8% (October through December) in 2013 and 4.8% in 2012, respectively. The components of net periodic
benefit cost and other amounts recognized in other comprehensive loss (income) for this plan were as follows:
Year Ended December 31 2014 2013 2012
Net Periodic Benefit Cost
Service cost $ — $ — $ 0.1
Interest cost 0.8 1.1 1.3
Net loss 0.1 0.3 —
Prior service credit (0.8) (0.2) —
Net periodic benefit cost 0.1 1.2 1.4
Other Changes in Plan Assets and Benefit Obligations Recognized
in Other Comprehensive Loss (Income)
Net loss (gain) 0.2 (0.9) 3.2
Prior service credit —(11.2) —
Amortization of net loss (0.1) (0.3) —
Amortization of prior service credit 0.8 0.2 —
Total recognized in other comprehensive loss (income) 0.9 (12.2) 3.2
Total recognized in net periodic benefit cost and other comprehensive loss (income) $ 1.0 $ (11.0) $ 4.6
The estimated net loss and prior service credit for the retiree health care plan that will be amortized from accumulated other
comprehensive (loss) income into net periodic benefit cost during 2015 is $0.1 and $0.8, respectively.
The health care cost trend rate is assumed to be 7.0% for 2015, decreasing gradually to an ultimate rate of 5.0% in 2020.
Assumed health care cost trend rates could have a significant effect on the amounts reported. A one-percentage point
change in the assumed health care cost trend rate would have the following effects:
1% Increase 1% Decrease
Effect on total of service and interest cost components $ — $ —
Effect on benefit obligation 0.4 (0.3)