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## SECTION 7 STAFF COSTS AND REMUNERATION 

7.3 Retirement benefit obligations and similar obligations 

Retirement benefit obligations and similar obligations comprise payments to retired directors that are not covered by an insur- ance company. The plan is unfunded. 

## MATURITY OF PENSION OBLIGATIONS 

<img src='content_image/212818.jpg'>

## OBLIGATIONS 

<img src='content_image/212816.jpg'>

The actuarial assumptions underlying the calculations are based on local economic conditions and labour market conditions. 

The interest rate cost, DKK 0m, is recognised in the income statement, while the actuarial losses, DKK 3m, are recognised in other comprehensive income. 

## ASSUMPTIONS APPLIED 

<img src='content_image/212817.jpg'>

