ALLIANZ GROUP 146 The assumptions for actuarial computation of the obligations de- pend on the circumstances in the particular country where a plan has been established. The actuarial assumptions for the main pension plans are as follows: The calculations are based on current actuarially determined mortal- ity estimates. Projected fluctuations depending on age and length of service have also been used, as well as internal Group retirement pro- jections. Defined contribution pension plans are funded through independ- ent pension funds or similar organizations. Contributions fixed in ad- vance, based e. g. on salary, are paid to these institutions and the beneficiary’s right to benefits exists against the pension fund. The employer has no obligation beyond payment of the contributions (premiums). The main pension fund is the Versicherungsverein des Bankgewerbes a. G., Berlin, which insures most of the banking em- ployees in Germany. Amounts totaling  ¤ 105 (2002: 123; 2001: 108) mn were ex- pensed in the year under review. Miscellaneous accrued liabilities primarily include reserves of  ¤ 845 (2002: 404) mn for restructuring, reserves for the lending business in the amount  ¤ 549 (2002: 633) mn, reserves for employee ex- penses amounting to  ¤ 2,224 (2002: 2,259) mn , loss reserves from the non-insurance business amounting to ¤319 (2002: 316) mn, reserves for litigation amounting to ¤142 (2002: 125) mn, and commission reserves for agents amounting to ¤198 (2002: 159) mn. Activity in the provisions for restructuring measures was as follows: Reserves for restructuring essentially concern Dresdner Bank and mainly cover future liabilities from the personnel area and from leas- ing contracts, which will arise in connection with the implementation of the respective initiatives. For the “New Dresdner” program an- nounced in August 2003, reserves of  ¤ 345 mn were set up. In addi- tion, the reserves were increased by  ¤ 44 mn for “further measures 2003”. For the program started in 2002, for which restructuring re- serves of  ¤ 299 mn are recorded as of December 31, 2003, all meas- ures have now been determined. Additionally, there still are reserves from past restructuring programs which are used to cover liabilities from early retirement and phased retirement provisions. These were agreed upon in connection with the implementation of the restruc- turing measures. Existing liabilities from leasing arrangements are also taken into account in the reserves. As part of the project control process, the adequacy of the re- serves constituted is regularly examined and adjusted if required. The resulting impact on income is taken into account in the additions or releases. The adjustments required are determined, on the one hand, by the concrete application of the personnel instruments used and, on the other hand, by adjusting the expected income from subleases to the development of the real estate market. Miscellaneous accrued liabilities Dresdner Bank restructuring plans 2003 2002 % % Discount rate 5–6 5–7 Expected rate of return on pension  fund assets 6–9 6–9 Retirement rates 2–5 2–5 Benefit levels 2–3 2–3 2003 2002 ¤ mn ¤ mn Value stated as of 1/1 404 478 Changes in the scope of consolidation – – 18 Additions for supplementary restructuring  measures 575 199 Additions to existing provisions 153 89 Release of provisions via payments – 219 – 234 Amounts released – 54 – 87 Translation differences – 14 – 23 Value stated as of 12/31 845 404