PPS Integrated Report 2021 177 | Notes to the Consolidated Financial Statements The movement in the post-employment medical benefit obligation was as follows: Group 2021 2020 R’m R’m Post-employment medical benefit obligations at beginning of the year 6 6 Interest cost 1 – Benefits paid (1) (1) Actuarial (gain) / loss recognised during the year (1) 1 Post-employment medical benefit obligations at end of the year 5 6 The amounts recognised in the Statement of Profit or Loss and Comprehensive Income are as follows: Group 2010 2020 R’m R’m Interest cost 1 – Actuarial (gain) / loss recognised during the year (1) 1 Total included in employee costs (note 28) – 1 The principal actuarial assumptions used were as follows: Discount rate based on the Long-term Bond Index (%) 9.51 7.41 Medical cost inflation (%) 7.49 5.38 The assumed rates of mortality are as follows: During employment: SA85-90 (Light) ultimate table Post-employment: PA(90) ultimate table rated down two years plus 1% improvement per annum (from a base year of 2006)
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