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EMPLOYEE RETIREMENT PLANS (Tables)
3 Months Ended
Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]  
Components of net periodic benefit cost
The components of net periodic benefit cost (income) for Employers Mutual’s pension and postretirement benefit plans is as follows:
 
 
Three months ended 
 March 31,
($ in thousands)
 
2017
 
2016
Pension plans:
 
 
 
 
Service cost
 
$
3,860

 
$
3,640

Interest cost
 
2,795

 
2,525

Expected return on plan assets
 
(5,191
)
 
(4,840
)
Amortization of net actuarial loss
 
908

 
1,039

Amortization of prior service cost
 
5

 
8

Net periodic pension benefit cost
 
$
2,377

 
$
2,372

 
 
 
 
 
Postretirement benefit plans:
 
 
 
 
Service cost
 
$
341

 
$
318

Interest cost
 
570

 
554

Expected return on plan assets
 
(1,078
)
 
(1,056
)
Amortization of net actuarial loss
 
343

 
374

Amortization of prior service credit
 
(2,789
)
 
(2,835
)
Net periodic postretirement benefit income
 
$
(2,613
)
 
$
(2,645
)