PENSION BENEFITS

6 Months Ended

Apr. 30, 2013

Pension Benefits

PENSION BENEFITS

8. Pension Benefits

Components of Net Periodic Pension Cost:

	Three Months Ended			Six Months Ended
	04/30/13		04/30/12	04/30/13		04/30/12
Service Cost	$14,231		$12,276	$28,462		$24,552
Interest Cost	87,653		96,235	175,306		192,470
Expected return on plan assets	(109,836)		(102,812)	(219,672)		(205,624)
Net amortization and deferral:
Amortization of accumulated loss	127,775	83,568			255,551	167,136
Net amortization and deferral	127,775	83,568			255,551	167,136
Total net periodic pension cost	$119,823	$89,267			$239,647	$178,534

The Companies expect to contribute $279,000 to their pension plan in the fiscal year ending October 31, 2013 (“Fiscal 2013”). As of April 30, 2013, the Companies made contributions totaling $93,000 and anticipate contributing an additional $186,000 to fund their pension plan in Fiscal 2013.