40. Provisions for employee benefits

Due to the adopted accounting policy and the fact that the PZU Group entities did not separate defined benefit assets, the carrying amount of defined benefit provisions is equal to the current value of the corresponding liabilities.

The actuarial assumptions used for the purpose of estimating provisions for employee benefits have been presented in Note 6.2.5.

Provisions for employee benefits 31 December 2016 31 December 2015
Provision for employee leaves 76 67
Defined benefits plans 49 47
- provisions for retirement severance pay 33 23
- provisions for death benefits 16 24
Other long-term employee benefits 3 3
Total provisions for employee benefits 128 117

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