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PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
 6 Months Ended
Jun. 30, 2019
Retirement Benefits, Description [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS PENSION PLANS

Defined Benefit Pension Plans

The following table is a consolidated disclosure of all domestic and foreign defined pension plans as described in the Corporation’s 2018 Annual Report on Form 10-K.  

The components of net periodic pension cost for the three and six months ended June 30, 2019 and 2018 were as follows:

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(In thousands)
2019
 
2018
 
2019
 
2018
Service cost
$
5,825

 
$
6,495

 
$
11,651

 
$
13,001

Interest cost
7,371

 
6,521

 
14,743

 
13,055

Expected return on plan assets
(14,882
)
 
(14,695
)
 
(29,766
)
 
(29,411
)
Amortization of prior service cost
(70
)
 
(62
)
 
(141
)
 
(125
)
Amortization of unrecognized actuarial loss
2,592

 
3,903

 
5,184

 
7,809

Net periodic pension cost
$
836


$
2,162


$
1,671


$
4,329



The Corporation does not expect to make any contributions to the Curtiss-Wright Pension Plan in 2019. Contributions to the foreign benefit plans are not expected to be material in 2019. During the six months ended June 30, 2018, the Corporation made a $50 million voluntary contribution to the Curtiss-Wright Pension Plan.

Defined Contribution Retirement Plan

Effective January 1, 2014, all non-union employees who were not currently receiving final or career average pay benefits became eligible to receive employer contributions in the Corporation’s sponsored 401(k) plan. The employer contributions include both employer match and non-elective contribution components. Effective January 1, 2019, the Corporation increased the employer match opportunity, raising the maximum employer contribution from 6% to 7% of eligible compensation. During the three and six months ended June 30, 2019, the expense relating to the plan was $4.2 million and $9.6 million, respectively. During the three and six months ended June 30, 2018, the expense relating to the plan was $3.2 million and $7.4 million, respectively. The Corporation made $13.1 million in contributions to the plan during the six months ended June 30, 2019, and expects to make total contributions of $15.1 million in 2019.