The Hartford 2011 Annual Report Download - page 214

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THE HARTFORD FINANCIAL SERVICES GROUP, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
F-79
17. Employee Benefit Plans (continued)
Weighted average assumptions used in calculating the net periodic benefit cost for the Company’ s pension plans were as follows:
For the years ended December 31,
2011
2010
2009
Discount rate
5.50%
6.00%
6.25%
Expected long-term rate of return on plan assets
7.30%
7.30%
7.30%
Rate of increase in compensation levels
4.00%
4.00%
4.25%
Weighted average assumptions used in calculating the net periodic benefit cost for the Company’ s other postretirement plans were as
follows:
For the years ended December 31,
2011
2010
2009
Discount rate
5.25%
5.75%
6.25%
Expected long-term rate of return on plan assets
7.30%
7.30%
7.30%
Assumed health care cost trend rates were as follows:
As of December 31,
2011
2010
2009
Pre-65 health care cost trend rate
8.95%
9.70%
9.05%
Post-65 health care cost trend rate
7.75%
8.25%
7.60%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)
5.00%
5.00%
5.00%
Year that the rate reaches the ultimate trend rate
2019
2018
2018
A one-percentage point change in assumed health care cost trend rates would have an insignificant effect on the amounts reported for
other postretirement plans.