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PEG Public Service Enterprise Group Incorporated


			Pension Benefits												Other Benefits
			2024				2023				2022				2024				2023				2022
	Weighted-Average Assumptions Used to Determine Benefit Obligations as of December 31
	Discount Rate			5.84	%			5.13	%			5.30	%			5.87	%			5.16	%			5.34	%
	Rate of Compensation Increase			5.50	%			5.54	%			3.95	%			5.50	%			5.54	%			3.95	%
	Cash Balance Interest Crediting Rate			4.84	%			4.13	%			4.30	%		N/A				N/A				N/A
	Assumed Health Care Cost Trend Rates as of December 31
	Health Care Costs
	Immediate Rate															7.46	%			6.84	%			6.71	%
	Ultimate Rate															4.75	%			4.75	%			4.75	%
	Year Ultimate Rate Reached														2036				2033				2032

25 Feb 25

5:24pm

PEG Public Service Enterprise Group Incorporated


			Pension Benefits												Other Benefits
			2024				2023				2022				2024				2023				2022

	Weighted-Average Assumptions Used to Determine Benefit Obligations as of December 31
	Discount Rate			5.68	%			5.02	%			5.20	%			5.59	%			4.96	%			5.16	%
	Rate of Compensation Increase			4.60	%			4.60	%			4.40	%			4.60	%			4.60	%			4.40	%
	Cash Balance Interest Crediting Rate			6.00	%			6.00	%			6.00	%		N/A				N/A				N/A
	Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost for Years Ended December 31
	Discount Rate			5.02	%			5.20	%			2.94	%			4.96	%			5.16	%			2.82	%
	Service Cost Interest Rate			5.14	%			5.31	%			3.19	%			5.03	%			5.23	%			3.06	%
	Interest Cost Interest Rate			4.91	%			5.09	%			2.37	%			4.88	%			5.07	%			2.21	%
	Expected Return on Plan Assets			8.10	%			8.10	%			7.20	%			8.10	%			8.10	%			7.20	%
	Rate of Compensation Increase			4.60	%			4.40	%			4.40	%			4.60	%			4.40	%			4.40	%
	Cash Balance Interest Crediting Rate			6.00	%			6.00	%			6.00	%		N/A				N/A				N/A
	Assumed Health Care Cost Trend Rates as of December 31
	Health Care Costs
	Immediate Rate															9.08	%			8.89	%			6.98	%
	Ultimate Rate															4.75	%			4.75	%			4.75	%
	Year Ultimate Rate Reached														2034				2033				2032

25 Feb 25

5:24pm

Public Service Electric & Gas Co

The following assumptions were used to determine the benefit obligations of Servco:

	Pension Benefits			Other Benefits						2023			2022			2021			2023			2022			2021			Weighted-Average Assumptions Used to Determine Benefit Obligations as of December 31			Discount Rate			5.13			%	5.30			%	3.21			%	5.16			%	5.34			%	3.28			%	Rate of Compensation Increase			5.54			%	3.95			%	3.95			%	5.54			%	3.95			%	3.95			%	Cash Balance Interest Crediting Rate			4.13			%	4.30			%	3.75			%	N/A			N/A			N/A			Assumed Health Care Cost Trend Rates as of December 31			Health Care Costs			Immediate Rate			6.84			%	6.71			%	6.48			%	Ultimate Rate			4.75			%	4.75			%	4.75			%	Year Ultimate Rate Reached			2033			2032			2029

26 Feb 24

4:26pm

Public Service Electric & Gas Co

The following assumptions were used to determine the benefit obligations and net periodic benefit costs:

	Pension Benefits			Other Benefits						2023			2022			2021			2023			2022			2021			Weighted-Average Assumptions Used to Determine Benefit Obligations as of December 31			Discount Rate			5.02			%	5.20			%	2.94			%	4.96			%	5.16			%	2.82			%	Rate of Compensation Increase			4.60			%	4.40			%	4.40			%	4.60			%	4.40			%	4.40			%	Cash Balance Interest Crediting Rate			6.00			%	6.00			%	6.00			%	N/A			N/A			N/A			Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost for Years Ended December 31			Discount Rate			5.20			%	2.94			%	2.61			%	5.16			%	2.82			%	2.46			%	Service Cost Interest Rate			5.31			%	3.19			%	2.94			%	5.23			%	3.06			%	2.76			%	Interest Cost Interest Rate			5.09			%	2.37			%	1.91			%	5.07			%	2.21			%	1.70			%	Expected Return on Plan Assets			8.10			%	7.20			%	7.70			%	8.10			%	7.20			%	7.69			%	Rate of Compensation Increase			4.40			%	4.40			%	4.40			%	4.40			%	4.40			%	4.40			%	Cash Balance Interest Crediting Rate			6.00			%	6.00			%	6.00			%	N/A			N/A			N/A			Assumed Health Care Cost Trend Rates as of December 31			Health Care Costs			Immediate Rate			8.89			%	6.98			%	6.14			%	Ultimate Rate			4.75			%	4.75			%	4.75			%	Year Ultimate Rate Reached			2033			2032			2029

26 Feb 24

4:26pm

Public Service Electric & Gas Co

Assumptions and Approach Used : Economic assumptions include the discount rate and the expected rate of return on plan assets. Demographic pension and OPEB assumptions include projections of future mortality rates, pay increases and retirement patterns, as well as projected health care costs for OPEB.

Assumption	2023			2022			2021			Pension			Discount Rate			5.02			%	5.20			%	2.94			%	Expected Rate of Return on Plan Assets			8.10			%	7.20			%	7.70			%	OPEB			Discount Rate			4.96			%	5.16			%	2.82			%	Expected Rate of Return on Plan Assets			8.10			%	7.20			%	7.69			%

26 Feb 24

4:26pm

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