Stress Test Data Framework Dictionary 2017: Version 02

AccountingParameter

Enumeration Definition
Discount rate The rate used to discount post-employment benefit obligations, as per IAS 19 paragraph 83.
Inflation rate The assumption used for long term inflation (RPI) expressed as an annual rate, in the valuation of post-employment benefit obligations.
Pension increases The assumption used for average annual pension increases in the valuation of the post-employment benefit obligations. Pension Increases should represent the liability-weighted average of pension increase assumptions.