Retirement Plans

3 Months Ended

Mar. 31, 2012

11.	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,
	2012			2011			2012			2011			2012			2011
Service cost	$	13		$	97		$	–		$	–		$	9		$	8
Interest cost		1,892			4,375			115			140			12			14
Expected return on plan assets		(2,827	)		(6,522	)
Amortization of prior service cost (credit)								31			31			(61	)		(61	)
Amortization of net actuarial (gain) loss		2,345			2,737			(28	)		(4	)		(22	)		(31	)

Net periodic benefit cost (credit)	$	1,423		$	687		$	118		$	167		$	(62	)	$	(70	)

As disclosed in the Company's 2011 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.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details