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Pension Plan and Employee Benefits (Tables)
3 Months Ended
Mar. 31, 2013
401(k) Plan [Abstract]  
401(k) Plan expense
Cleco’s 401(k) Plan expense for the three months ended March 31, 2013 and 2012 is as follows:
 
FOR THE THREE MONTHS ENDED MAR. 31,
 
(THOUSANDS)
2013

 
2012

401(k) Plan expense
$
1,279

 
$
1,493

Pension Benefits [Member]
 
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Net periodic benefit costs
The components of net periodic pension and other benefit cost for the three months ended March 31, 2013 and 2012, are as follows:
 
PENSION BENEFITS
 
 
OTHER BENEFITS
 
 
FOR THE THREE MONTHS ENDED MAR. 31,
 
(THOUSANDS)
2013

 
2012

 
2013

 
2012

Components of periodic benefit cost:
 
 
 
 
 
 
 
Service cost
$
2,484

 
$
2,149

 
$
314

 
$
397

Interest cost
4,437

 
4,430

 
481

 
476

Expected return on plan assets
(5,764
)
 
(5,194
)
 

 

Amortizations:
 
 
 
 
 
 
 
Transition obligation

 

 
4

 
5

Prior period service cost
(18
)
 
(18
)
 

 

Net loss
3,373

 
1,783

 
318

 
200

Net periodic benefit cost
$
4,512

 
$
3,150

 
$
1,117

 
$
1,078


SERP Benefits [Member]
 
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Net periodic benefit costs
Cleco Power is considered the plan sponsor and Support Group is considered the plan administrator.
 
FOR THE THREE MONTHS ENDED MAR. 31,
 
(THOUSANDS)
2013

 
2012

Components of periodic benefit cost:
 
 
 
Service cost
$
506

 
$
1,001

Interest cost
678

 
574

Amortizations:
 
 
 
Prior period service cost
14

 
14

Net loss
536

 
309

Net periodic benefit cost
$
1,734

 
$
1,898