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PENSION AND POSTRETIREMENT BENEFITS - Assumptions Used (Details 7)
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12 Months Ended |
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Dec. 31, 2013
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Pension Plan
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| Assumptions used in calculations: | |
| Weighted average discount rate | 5.00% |
| Rate of increase in future compensation levels | 0.00% |
| Expected return on assets | 8.00% |
| Current year trend | 0.00% |
| Ultimate year trend | 0.00% |
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Postretirement Plan
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| Assumptions used in calculations: | |
| Weighted average discount rate | 4.50% |
| Rate of increase in future compensation levels | 0.00% |
| Expected return on assets | 0.00% |
| Current year trend | 7.80% |
| Ultimate year trend | 4.80% |
| Year of ultimate trend | 2025 |
| X | ||||||||||
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- Definition
The interest rate used to adjust for the time value of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
An assumption as to the rate of return on plan assets reflecting the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the benefit obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expected rate of compensation increases (for pay-related plans). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The assumed health care cost trend rate for the next year used to measure the expected cost of benefits covered by the plan (gross eligible charges). This is based upon the annual rate of change in the cost of health care benefits currently provided by the postretirement benefit plan, due to factors other than changes in the composition of the plan population by age and dependency status. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The ultimate trend rate for health care costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Year the ultimate health care cost trend rate is expected to be reached, in CCYY format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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