PENSION BENEFITS

3 Months Ended

Jan. 31, 2013

Pension Benefits

PENSION BENEFITS

8.  Pension Benefits

Components of Net Periodic Pension Cost:

	Three Months Ended
	01/31/13		01/31/12
Service Cost	$14,231		$12,276
Interest Cost	87,653		96,235
Expected return on plan assets	(109,836)		(102,812)
Net amortization and deferral:
Amortization of accumulated loss		127,775		83,568
Net amortization and deferral		127,775		83,568
Total net periodic pension cost		$119,823		$89,267

The Companies expect to contribute $279,000 to their pension plan in the fiscal year ending October 31, 2013 (“Fiscal 2013”).  As of January 31, 2013, the Companies have not made any contributions and anticipate contributing the $279,000 to fund their pension plan in the remaining nine months of Fiscal 2013.