Pension Plan and Employee Benefits (Tables)

6 Months Ended

Jun. 30, 2013

Cleco’s 401(k) Plan expense for the three and six months ended June 30, 2013 and 2012 is as follows:



	FOR THE THREE MONTHS ENDED JUNE 30,				FOR THE SIX MONTHS ENDED JUNE 30,
(THOUSANDS)	2013		2012		2013		2012
401(k) Plan expense	$	1,145	$	847	$	2,424	$	2,341

Pension Benefits [Member]

The components of net periodic pension and other benefit cost for the three and six months ended June 30, 2013 and 2012, are as follows:



	PENSION BENEFITS						OTHER BENEFITS
	FOR THE THREE MONTHS ENDED JUNE 30,
(THOUSANDS)	2013			2012			2013		2012
Components of periodic benefit cost:
Service cost	$	2,460		$	2,007		$	314	$	397
Interest cost	4,533			4,697			481		476
Expected return on plan assets	(5,958		)	(5,209		)	—		—
Amortizations:
Transition obligation	—			—			4		5
Prior period service cost (credit)	(18		)	(18		)	—		—
Net loss	3,236			2,390			319		200
Net periodic benefit cost	$	4,253		$	3,867		$	1,118	$	1,078



	PENSION BENEFITS						OTHER BENEFITS
	FOR THE SIX MONTHS ENDED JUNE 30,
(THOUSANDS)	2013			2012			2013		2012
Components of periodic benefit cost:
Service cost	$	4,945		$	4,156		$	628	$	793
Interest cost	8,970			9,127			962		953
Expected return on plan assets	(11,723		)	(10,403		)	—		—
Amortizations:
Transition obligation	—			—			8		10
Prior period service cost (credit)	(36		)	(36		)	—		—
Net loss	6,609			4,173			637		400
Net periodic benefit cost	$	8,765		$	7,017		$	2,235	$	2,156

SERP Benefits [Member]

he components of net periodic SERP benefit cost for the three and six months ended June 30, 2013 and 2012, are as follows:



	FOR THE THREE MONTHS ENDED JUNE 30,					FOR THE SIX MONTHS ENDED JUNE 30,
(THOUSANDS)	2013		2012			2013		2012
Components of periodic benefit cost:
Service cost (credit)	$	521	$	(258	)	$	1,028	$	744
Interest cost	612		690			1,289		1,263
Amortizations:
Prior period service cost	13		13			27		27
Net loss	616		573			1,152		882
Net periodic benefit cost	$	1,762	$	1,018		$	3,496	$	2,916