The assumptions used in determining the net period cost were as follows:
| 2015 | 2016 | 2017 | ||||||||||||||||||||||||||||||||||||||||||||||
| Puerto Rico |
Brazil | Mexico | Europe | Puerto Rico |
Brazil | Mexico | Europe | Puerto Rico |
Brazil | Mexico | Europe | |||||||||||||||||||||||||||||||||||||
|
Discount rate and long-term rate return |
4.42 | % | 12.57% | 9.20% |
|
1.25% & 2.25% |
|
4.16% | 10.84 | % | 10.70% |
|
1.0%, 1.5% & |
|
3.61% | 10.18 | % | 10.70% |
|
1.0%, 1.5% & |
|
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|
Rate of future salary increases |
3.50 | % | 5.00% | 4.50% |
|
4.9%, 3.0%& |
|
3.50% | 4.85 | % | 4.50% |
|
3.0.%, 3.9% & 4.4% |
|
2.75% | 4.50 | % | 4.50% |
|
3.0.%, 3.5% & 4.4% |
|
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|
Percentage of increase in health care costs for the coming year |
5.70 | % | 11.50% | 4.20% | 11.35 | % | 3.57% | 11.00 | % | |||||||||||||||||||||||||||||||||||||||
|
Year to which this level will be maintained |
2027 | N/A | 2017 | N/A | 2028 | |||||||||||||||||||||||||||||||||||||||||||
|
Rate of increase of pensions |
1.60% | 1.60% | 1.60% | |||||||||||||||||||||||||||||||||||||||||||||
|
Employee turnover rate* |
0.0%-2.06% | 0.0%-1.88% | 0.0%-1.72% | |||||||||||||||||||||||||||||||||||||||||||||
| * | Depending on years of service |