Discount Rate Sensitivity
The following table summarizes the effect on the going concern liabilities and current service cost shown in this report of using a discount rate that is 1% lower than that used in the valuation.
Scenario | Valuation Basis | Reduce DiscountRate by 1% |
---|---|---|
Going concern funding liabilities | $26,686,000 | $29,512,000 |
Current service cost | $100,000 | $100,000 |
Plausible Adverse Scenarios
The financial impact on the going concern results of plausible adverse scenarios that would pose threats to the Plan’s future financial condition is presented in Appendix G.