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Retirement Benefits (Tables)
3 Months Ended
Mar. 31, 2013
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Changes in Projected Benefit Obligations
The following table summarizes the Company’s change in benefit obligation for the periods ended March 31, 2013 and December 31, 2012:

Puget Energy and
Puget Sound Energy
Qualified
Pension Benefits
SERP
Pension Benefits
Other
Benefits
 
Three Months Ended
Year
Ended
Three Months Ended
Year
Ended
Three Months Ended
Year
Ended
(Dollars in Thousands)
March 31,
2013
December 31,
2012
March 31,
2013
December 31,
2012
March 31,
2013
December 31,
2012
Change in benefit obligation:






Benefit obligation at beginning of period
$
616,290

$
565,997

$
51,795

$
48,370

$
17,672

$
16,436

Service cost
4,709

16,926

375

1,073

34

139

Interest cost
6,194

25,986

511

2,152

177

751

Amendment



(122
)


Actuarial loss/(gain)

40,914


5,483


1,199

Benefits paid
(9,625
)
(33,533
)
(444
)
(5,161
)
(420
)
(1,523
)
Medicare part D subsidiary
received





670

Benefit obligation at end of period
$
617,568

$
616,290

$
52,237

$
51,795

$
17,463

$
17,672



PUGET ENERGY [Member]
 
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Benefit Costs
following tables summarize the Company’s net periodic benefit cost for the three months ended March 31, 2013 and 2012:
Puget Energy
 
 
 
Three Months Ended
March 31,
Qualified
Pension Benefits
SERP
Pension Benefits
Other
Benefits
(Dollars in Thousands)
2013
2012
2013
2012
2013
2012
Components of net periodic benefit cost:
 
 
 
 
 
 
Service cost
$
4,709

$
4,235

$
375

$
268

$
34

$
38

Interest cost
6,194

6,442

511

538

176

187

Expected return on plan assets
(9,851
)
(9,001
)


(108
)
(108
)
Amortization of prior service
cost
(495
)
(495
)
(4
)



Amortization of net loss
(gain)
650

149

365

176

17

9

Net periodic benefit cost
$
1,207

$
1,330

$
1,247

$
982

$
119

$
126



PUGET SOUND ENERGY, INC. [Member]
 
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Benefit Costs
Puget Sound Energy
 
 
 
Three Months Ended
March 31,
Qualified
Pension Benefits
SERP
Pension Benefits
Other
Benefits
(Dollars in Thousands)
2013
2012
2013
2012
2013
2012
Components of net periodic benefit cost:
 
 
 
 
 
 
Service cost
$
4,709

$
4,235

$
375

$
268

$
34

$
38

Interest cost
6,194

6,442

511

538

176

187

Expected return on plan assets
(10,249
)
(10,333
)


(108
)
(108
)
Amortization of prior service
cost
(393
)
(393
)
(4
)
73

8

9

Amortization of net loss
(gain)
5,085

3,717

548

358

(34
)
(60
)
Amortization of transition
obligation





12

Net periodic benefit cost
$
5,346

$
3,668

$
1,430

$
1,237

$
76

$
78