Weighted-average assumptions used in the actuarial computations to determine net periodic postretirement  cost were as follows: The assumed health-care cost trend rates were as follows: Because our health-care plans are capped for most participants, the assumed health-care cost trend rates do not  have a significant effect on the amounts reported for the health-care plans. A one-percentage point change in assumed  health-care cost trend rates would have the following effects: The following benefit payments (net of plan participant contributions) under our Company’s postretirement  plans, which reflect expected future services, are expected to be paid: We accrue the cost of certain benefits provided to former or inactive employees after employment, but before  retirement. The cost is recognized only when it is probable and can be estimated. Benefits include life insurance,  disability benefits and health-care continuation coverage. The accrued cost of these benefits amounted to $15.9 million  as of December 28, 2014 and $16.2 million as of December 29, 2013. On October 27, 2014, the SOA released new mortality tables that increased life expectancy assumptions. During  the fourth quarter of 2014, we adopted the new mortality tables and revised the mortality assumptions used in  determining our pension and postretirement benefit obligations. The net impact to our postretirement obligations  resulting from the new mortality assumptions was an increase of $4.2 million. P. 90 – THE NEW YORK TIMES COMPANY (In thousands) Amount 2015 $ 9,635 2016 8,254 2017 7,604 2018 7,019 2019 6,417 2020-2024 26,038 GLYPH<160> One-Percentage Point (In thousands) Increase Decrease Effect on total service and interest cost for 2014 $ 104 $ (88) Effect on accumulated postretirement benefit obligation as of DecemberGLYPH<160>28,GLYPH<160>2014 $ 1,966 $ (1,670) December 28, 2014 December 29, 2013 Health-care cost trend rate 7.20% 8.00% Rate to which the cost trend rate is assumed to decline (ultimateGLYPH<160>trend rate) 5.00% 5.00% Year that the rate reaches the ultimate trend rate 2023 2023 December 28, 2014 December 29, 2013 December 30, 2012 Discount rate 4.22% 3.70% 4.66% Estimated increase in compensation level 3.50% 3.50% 3.50%