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Pension Plans and Other Postretirement Benefits
3 Months Ended
Dec. 24, 2016
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [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

 

 

 

December 24,

 

 

December 26,

 

 

 

2016

 

 

2015

 

Interest cost

 

$

1,041

 

 

$

1,260

 

Expected return on plan assets

 

 

(537

)

 

 

(854

)

Amortization of net loss (gain)

 

 

1,300

 

 

 

1,134

 

Net periodic benefit cost

 

$

1,804

 

 

$

1,540

 

 

 

 

Postretirement Benefits

 

 

 

Three Months Ended

 

 

 

December 24,

 

 

December 26,

 

 

 

2016

 

 

2015

 

Interest cost

 

$

96

 

 

$

130

 

Amortization of prior service credits

 

 

 

 

 

(100

)

Amortization of net loss (gain)

 

 

(97

)

 

 

(75

)

Net periodic benefit cost

 

$

(1

)

 

$

(45

)

 

The Partnership expects to contribute approximately $10,704 to the defined benefit pension plan during fiscal 2017, of which $1,396 was contributed during the three months ended December 24, 2016. The projected annual contribution requirements related to the Partnership’s postretirement health care and life insurance benefit plan for fiscal 2017 is $922, of which $233 was contributed during the three months ended December 24, 2016.

The Partnership contributes to multi-employer pension plans (“MEPPs”) 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 December 24, 2016 and September 24, 2016, the Partnership’s estimated obligation to these MEPPs was $23,591 and $24,205, respectively.