PENSION PLANS

The Company sponsors four defined benefit pension plans. Net periodic pension cost for the four plans includes the following components:



	13 Weeks Ended						26 Weeks Ended
	January 23, 2016			January 24, 2015			January 23, 2016			January 24, 2015
Service cost	$	1,104		$	910		$	2,208		$	1,820
Interest cost on projected benefit obligations	827			764			1,654			1,528
Expected return on plan assets	(940		)	(928		)	(1,880		)	(1,856		)
Amortization of net losses	482			324			964			648
Net periodic pension cost	$	1,473		$	1,070		$	2,946		$	2,140

On February 15, 2016, the Company amended the Village Super Market Employees Retirement Plan, which covers non-union employees and pharmacists, to freeze all benefits effective March 31, 2016. In connection with this amendment, the employer matching contribution to the Company-sponsored 401(k) savings plan will be increased. The Company will perform a re-measurement of the pension plan and report these results in the third quarter ending April 23, 2016. We expect these changes will have an immaterial impact on results of operations in the third quarter of fiscal 2016.

As of January 23, 2016, the Company has not made contributions to its pension plans in fiscal 2016. The Company expects to contribute approximately $3,000 during fiscal 2016 to fund its pension plans.