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Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Schedule of Post-Retirement Benefit Costs
The following tables present a summary of post-retirement benefit costs by component.
Components of Post-Retirement Benefit Costs
 
 
Three Months Ended June 30,
 
Pension Benefits
 
Other Benefits
 
2015
 
2014
 
2015
 
2014
Service cost
$
3,991

 
$
3,231

 
$

 
$
(7
)
Interest cost
5,004

 
4,819

 
204

 
150

Expected return on assets
(5,323
)
 
(4,752
)
 

 

Amortization:
 
 
 
 
 
 
 
Prior service cost
82

 
529

 

 

Actuarial (gain) loss
3,534

 
2,047

 
37

 

Direct recognition of expense

 

 
151

 
(42
)
Net periodic benefit cost
$
7,288

 
$
5,874

 
$
392

 
$
101

 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
Pension Benefits
 
Other Benefits
 
2015
 
2014
 
2015
 
2014
Service cost
$
7,981

 
$
6,463

 
$

 
$
49

Interest cost
10,006

 
9,638

 
407

 
297

Expected return on assets
(10,646
)
 
(9,505
)
 

 

Amortization:
 
 
 
 
 
 
 
Prior service cost
163

 
1,057

 

 

Actuarial (gain)/loss
7,068

 
4,092

 
60

 

Direct recognition of expense

 

 
327

 
(104
)
Net periodic benefit cost
$
14,572

 
$
11,745

 
$
794

 
$
242

Schedule of Defined-Benefit Plans Disclosures
The following chart presents assets at fair value for the defined-benefit pension plans at June 30, 2015 and the prior-year end.
Pension Assets by Component
 
June 30, 2015
 
December 31, 2014
 
Amount
 
%
 
Amount
 
%
Corporate debt
$
155,642

 
48
 
$
166,825

 
52
Other fixed maturities
277

 
 
284

 
Equity securities
127,530

 
40
 
127,568

 
39
Short-term investments
19,047

 
6
 
9,038

 
3
Guaranteed annuity contract
15,259

 
5
 
15,027

 
5
Other
3,063

 
1
 
4,156

 
1
Total
$
320,818

 
100
 
$
322,898

 
100