Pension Plans and Other Postretirement Benefits

6 Months Ended

Mar. 28, 2015

Pension Plans and Other Postretirement Benefits [Abstract]

Pension Plans and Other Postretirement Benefits

12. Pension Plans and Other Postretirement Benefits

The following table provides the components of net periodic benefit costs:

	Pension Benefits
	Three Months Ended						Six Months Ended
	March 28, 2015			March 29, 2014			March 28, 2015			March 29, 2014
Interest cost	$	1,282		$	1,443		$	2,564		$	2,887
Expected return on plan assets		(1,228	)		(1,275	)		(2,457	)		(2,551	)
Amortization of net loss (gain)		1,131			1,123			2,261			2,246
Net periodic benefit cost	$	1,185		$	1,291		$	2,368		$	2,582
	Postretirement Benefits
	Three Months Ended						Six Months Ended
	March 28, 2015			March 29, 2014			March 28, 2015			March 29, 2014
Interest cost	$	143		$	161		$	288		$	323
Amortization of prior service costs		(123	)		(122	)		(245	)		(245	)
Amortization of net loss (gain)		(49	)		(46	)		(98	)		(91	)
Net periodic benefit cost	$	(29	)	$	(7	)	$	(55	)	$	(13	)

There are no projected minimum employer cash contribution requirements under ERISA laws for fiscal 2015 under the Partnership’s defined benefit pension plan. The projected annual contribution requirements related to the Partnership’s postretirement health care and life insurance benefit plan for fiscal 2015 is $1,276, of which $460 has been contributed during the six months ended March 28, 2015.

As a result of the Inergy Propane Acquisition, the Partnership contributes to multi-employer pension plans (“MEPP”) in accordance with various collective bargaining agreements covering union employees. As one of the many participating employers in these MEPPs, the Partnership is responsible with the other participating employers for any plan underfunding. As of March 28, 2015, the Partnership had accrued $6,821 for its estimated obligation to certain MEPPs due to the Partnership’s voluntary partial withdrawal from one such MEPP and full withdrawal from four MEPPs. Due to the uncertainty regarding future factors that could trigger withdrawal liability, including the integration of Inergy Propane, the Partnership is unable to determine the amount and timing of any future withdrawal liability, if any.