XML 224 R151.htm IDEA: XBRL DOCUMENT v3.20.4
EMPLOYEE BENEFITS (Details - Weighted average assumptions used to determine the benefit obligations)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
U.S.      
Weighted average assumptions used to determine the net periodic benefit costs:      
Expected return on assets (as a percent) 5.55% 6.20%  
Non U.S. Plans      
Weighted average assumptions used to determine the net periodic benefit costs:      
Expected return on assets (as a percent) 2.32% 2.51%  
Pension | U.S.      
Weighted average assumptions used to determine the benefit obligations:      
Discount rate (as a percent) 2.28% 3.16%  
Interest crediting rate 1.57% 2.19%  
Assumed health care cost trend rates      
Ultimate rate to which cost increase is assumed to decline (as a percent) 4.50% 4.50%  
Weighted average assumptions used to determine the net periodic benefit costs:      
Discount rate (as a percent) 3.16% 4.22% 3.61%
Interest crediting rate 2.19% 3.34% 2.88%
Expected return on assets (as a percent) 5.55% 6.20% 6.75%
Pension | U.S. | Medical (before age 65)      
Assumed health care cost trend rates      
Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year 5.55% 5.74%  
Year in which the ultimate trend rate is reached: 2038 2038  
Pension | U.S. | Medical (age 65 and older)      
Assumed health care cost trend rates      
Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year 5.00% 5.00%  
Year in which the ultimate trend rate is reached: 2038 2038  
Pension | Non U.S. Plans      
Weighted average assumptions used to determine the benefit obligations:      
Discount rate (as a percent) 1.00% 1.09%  
Interest crediting rate 0.72% 0.44%  
Rate of compensation increase (as a percent) 2.28% 2.22%  
Weighted average assumptions used to determine the net periodic benefit costs:      
Discount rate (as a percent) 1.09% 1.71% 1.60%
Interest crediting rate 0.44% 0.74% 0.70%
Rate of compensation increase (as a percent) 2.22% 2.27% 2.27%
Expected return on assets (as a percent) 2.32% 2.51% 2.78%
Pension | AIG Japan pension plans      
Discount Rate Methodology      
Projected benefit obligation to total projected benefit obligations (as a percent) 51.00% 53.00%  
Weighted average discount rate (as a percent) 0.56% 0.42%  
Postretirement Plans | U.S.      
Weighted average assumptions used to determine the benefit obligations:      
Discount rate (as a percent) 2.25% 3.14%  
Weighted average assumptions used to determine the net periodic benefit costs:      
Discount rate (as a percent) 3.14% 4.17% 3.53%
Postretirement Plans | Non U.S. Plans      
Weighted average assumptions used to determine the benefit obligations:      
Discount rate (as a percent) 2.33% 3.18%  
Rate of compensation increase (as a percent)   3.00%  
Weighted average assumptions used to determine the net periodic benefit costs:      
Discount rate (as a percent) 3.18% 4.12% 3.59%
Rate of compensation increase (as a percent) 3.00% 3.00% 3.00%