Pension Plan

3 Months Ended

Mar. 31, 2013

Pension Plan [Abstract]

Pension Plan

Note 3 – PENSION PLAN

A summary of the components of net periodic pension cost for the three months ended March 31 is as follows:

	2013		2012
Service cost	$	81,423	$	76,700
Interest cost		76,968		80,549
Expected return on assets		–134,481		–112,117
Amortization of net loss		165,884		123,098
Amortization of prior service cost		4,367		4,367
Net periodic pension cost	$	194,161	$	172,597

The Trust had previously disclosed in its Annual Report as of December 31, 2012, that the next contribution to the plan for 2013 is estimated to approximate $800,000, subject to the plan's annual actuarial valuation performed as of the plan's fiscal year-end, March 31. No additional updated information is available at this time.