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RETIREMENT BENEFIT PLANS
 12 Months Ended
Dec. 31, 2019
Employee Benefits [Abstract]  
RETIREMENT BENEFIT PLANS
RETIREMENT BENEFIT PLANS
Brookfield Infrastructure offers pension plans to certain employees of its subsidiaries. Brookfield Infrastructure’s obligations under its defined benefit pension plans are determined periodically through the preparation of actuarial valuations. The benefit plans’ expense for 2019 was $9 million (2018: $2 million, 2017: $10 million). The discount rate used was 2.5% (2018: 4.5%, 2017: 4.1%) with a rate of compensation of 2.8% (2018: 3.0%, 2017: 3.5%).
US$ MILLIONS
 
2019
 
2018
Plan assets
 
$
686

 
$
287

Less accrued benefit obligation
 
(851
)
 
(368
)
Accrued benefit liability (1)
 
$
(165
)
 
$
(81
)

 
(1)
Presented within ‘Accounts payable and other’ of the consolidated statements of financial position.