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Pension Plans and Other Postretirement Benefits
9 Months Ended
Jun. 30, 2018
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]  
Pension Plans and Other Postretirement Benefits

13.

Pension Plans and Other Postretirement Benefits

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

 

 

 

Pension Benefits

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 30,

 

 

June 24,

 

 

June 30,

 

 

June 24,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Interest cost

 

$

944

 

 

$

1,041

 

 

$

2,832

 

 

$

3,123

 

Expected return on plan assets

 

 

(473

)

 

 

(537

)

 

 

(1,420

)

 

 

(1,611

)

Amortization of net loss

 

 

920

 

 

 

1,301

 

 

 

2,762

 

 

 

3,901

 

Net periodic benefit cost

 

$

1,391

 

 

$

1,805

 

 

$

4,174

 

 

$

5,413

 

 

 

 

Postretirement Benefits

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 30,

 

 

June 24,

 

 

June 30,

 

 

June 24,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Interest cost

 

$

69

 

 

$

96

 

 

$

208

 

 

$

288

 

Amortization of prior service credits

 

 

(124

)

 

 

 

 

 

(374

)

 

 

 

Amortization of net (gain)

 

 

(163

)

 

 

(98

)

 

 

(491

)

 

 

(292

)

Net periodic benefit cost

 

$

(218

)

 

$

(2

)

 

$

(657

)

 

$

(4

)

 

The Partnership expects to contribute approximately $4,764 to the defined benefit pension plan during fiscal 2018, of which $3,839 was contributed during the nine months ended June 30, 2018. The projected annual contribution requirements related to the Partnership’s postretirement health care and life insurance benefit plan for fiscal 2018 is $1,243, of which $847 was contributed during the nine months ended June 30, 2018.

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 June 30, 2018 and September 30, 2017, the Partnership’s estimated obligation to these MEPPs was $22,773 and $23,665, respectively, as a result of its voluntary full withdrawal from certain MEPPs.