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Retirement Plans
3 Months Ended
Mar. 31, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Retirement Plans
RETIREMENT PLANS
The following discloses the net periodic benefit cost (credit) and its components for the Company’s pension and postretirement plans:
 
 
Pension benefits
 
Supplemental
retirement
benefits
 
Postretirement
benefits
(In thousands)
 
Three Months Ended March 31,
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$


$

 
$

 
$

 
$
8

 
$
8

Interest cost
 
1,783


1,880

 
101


113

 
10

 
12

Expected return on plan assets
 
(3,090
)

(3,326
)
 
 
 
 
 
 
 
 
Amortization of prior service cost
 
 
 
 
 



13

 


 


Amortization of net actuarial (gain) loss
 
1,574


797

 
31


5

 
(13
)
 
(18
)
Net periodic benefit cost (credit)
 
$
267

 
$
(649
)
 
$
132

 
$
131

 
$
5

 
$
2



As disclosed in the Company’s 2014 Annual Report on Form 10-K, the Company has frozen its participation and benefit accruals for the pension plan and its contributions for individual benefit payments in the postretirement benefit plan.