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THE GROUPTHE BANK
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202120202019202120202019
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The principal actuarial assumptions used for accounting purposes are:
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Discount rate3.50%3.7% - 3.8%5.7% - 5.9%5.10%3.70%5.70%
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Salary increases3.50%3.5% - 5%5.00%3.50%3.50%5.00%
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Average retirement age60 years60 years60 years60 years60 years60 years