_414 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 5 FINANCIAL PERFORMANCE 2023 consolidated financial statements The financial position of the main defined benefit plans is summarized below: (in € millions) Pension plans Other plans December 31, 2023 December 31, 2022 Present value of fully or partly funded obligations 5,092 27 5,119 5,533 Fair value of plan assets (5,194) (18) (5,212) (5,394) Funded status deficit/(surplus) (102) 9 (93) 139 Present value of unfunded obligations 1,039 1,396 2,435 2,107 Unrecognized assets due to the effect of the asset ceiling 76 3 79 84 NET DEFINED BENEFIT OBLIGATION 1,013 1,408 2,421 2,330 Amounts recognized in the statement of financial position: As assets under non-current financial assets and other non-current assets (note 15) (305) - (305) (231) Provisions for employee benefit obligations 1318 1408 2,726 2,561 NET LIABILITY 1,013 1,408 2,421 2,330 At December 31, 2023, the present value of the defined benefit obligation comprised €2,170 million for active members (current employees), €839 million for members who have deferred their vested benefits and €4,545 million for retired members (2022: respectively €2,233 million, €863 million and €4,544 million). Most pension plans are grandfathered, but most other plans are not. The mortality tables used are official national tables that may be adapted to better reflect the populations concerned. Main life expectancies by country: December 31, 2023 December 31, 2022 United States Canada United Kingdom Germany United States Canada United Kingdom Germany Life expectancy for males at 65 at the end of the reporting period 18.5 21.9 20.6 20.2 18.4 21.8 21.1 20.2 Life expectancy for males at 65 (15 years after the end of the reporting period) 19.5 23.0 21.8 22.3 19.4 22.9 21.7 22.3 Life expectancy for females at 65 at the end of the reporting period 20.4 24.4 21.2 23.7 20.4 24.3 23.9 23.7 Life expectancy for females at 65 (15 years after the end of the reporting period) 21.4 25.4 22.5 25.4 21.4 25.3 25.0 25.4
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