Retirement And Other Postretirement Benefits

6 Months Ended

Jun. 30, 2020

Retirement And Other Postretirement Benefits

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost 

Entergy’s qualified pension cost, including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$40,379	$33,606
Interest cost on projected benefit obligation	60,799	73,912
Expected return on assets	(103,565)	(103,859)
Amortization of net loss	87,259	58,420
Settlement charges	—	162
Net pension costs	$84,872	$62,241

Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$80,758	$67,213
Interest cost on projected benefit obligation	121,598	147,853
Expected return on assets	(207,130)	(207,743)
Amortization of net loss	174,518	116,838
Settlement charges	—	1,299
Net pension costs	$169,744	$125,460

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$6,566	$8,794	$2,023	$663	$1,546	$1,965
Interest cost on projected benefit obligation	11,433	12,841	3,340	1,456	2,782	2,814
Expected return on assets	(19,622)	(22,402)	(5,757)	(2,627)	(5,486)	(4,663)
Amortization of net loss	16,897	16,627	4,748	2,005	3,265	4,279
Net pension cost	$15,274	$15,860	$4,354	$1,497	$2,107	$4,395

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$5,261	$7,284	$1,629	$569	$1,350	$1,550
Interest cost on projected benefit obligation	14,175	15,882	4,068	1,874	3,612	3,363
Expected return on assets	(20,176)	(22,652)	(5,968)	(2,697)	(5,862)	(4,677)
Amortization of net loss	11,841	11,643	3,105	1,530	2,334	2,850
Net pension cost	$11,101	$12,157	$2,834	$1,276	$1,434	$3,086

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$13,132	$17,588	$4,046	$1,326	$3,092	$3,930
Interest cost on projected benefit obligation	22,866	25,682	6,680	2,912	5,564	5,628
Expected return on assets	(39,244)	(44,804)	(11,514)	(5,254)	(10,972)	(9,326)
Amortization of net loss	33,794	33,254	9,496	4,010	6,530	8,558
Net pension cost	$30,548	$31,720	$8,708	$2,994	$4,214	$8,790

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$10,522	$14,568	$3,258	$1,138	$2,700	$3,100
Interest cost on projected benefit obligation	28,350	31,764	8,136	3,748	7,224	6,727
Expected return on assets	(40,352)	(45,304)	(11,936)	(5,393)	(11,724)	(9,354)
Amortization of net loss	23,682	23,286	6,209	3,059	4,668	5,700
Net pension cost	$22,202	$24,314	$5,667	$2,552	$2,868	$6,173

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$83	$37	$90	$8	$117
2019	$71	$41	$113	$6	$122

Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$166	$74	$180	$16	$234
2019	$144	$84	$188	$11	$246

Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost (Income)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$6,231	$4,675
Interest cost on accumulated postretirement benefit obligation (APBO)	6,888	11,975
Expected return on assets	(10,182)	(9,562)
Amortization of prior service credit	(8,985)	(8,844)
Amortization of net loss	1,005	358
Net other postretirement benefit income	($5,043)	($1,398)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$12,032	$9,350
Interest cost on accumulated postretirement benefit obligation (APBO)	14,820	23,950
Expected return on assets	(20,510)	(19,124)
Amortization of prior service credit	(14,907)	(17,688)
Amortization of net loss	1,473	716
Net other postretirement benefit cost income	($7,092)	($2,796)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$933	$1,524	$372	$114	$306	$321
Interest cost on APBO	1,164	1,497	372	186	477	276
Expected return on assets	(4,260)	—	(1,287)	(1,344)	(2,403)	(735)
Amortization of prior service credit	(396)	(1,695)	(444)	(228)	(939)	(282)
Amortization of net (gain) loss	162	(81)	48	9	231	33
Net other postretirement benefit cost (income)	($2,397)	$1,245	($939)	($1,263)	($2,328)	($387)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$591	$1,160	$262	$92	$236	$243
Interest cost on APBO	1,807	2,666	670	395	854	476
Expected return on assets	(3,991)	—	(1,199)	(1,237)	(2,276)	(697)
Amortization of prior service credit	(1,238)	(1,837)	(439)	(171)	(561)	(363)
Amortization of net (gain) loss	144	(174)	181	58	121	89
Net other postretirement benefit cost (income)	($2,687)	$1,815	($525)	($863)	($1,626)	($252)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,761	$2,947	$723	$219	$609	$615
Interest cost on APBO	2,381	3,220	794	413	1,059	583
Expected return on assets	(8,586)	—	(2,594)	(2,699)	(4,838)	(1,483)
Amortization of prior service credit	(1,057)	(2,784)	(765)	(304)	(1,489)	(501)
Amortization of net (gain) loss	217	(280)	77	(29)	443	53
Net other postretirement benefit cost (income)	($5,284)	$3,103	($1,765)	($2,400)	($4,216)	($733)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,182	$2,320	$524	$184	$472	$486
Interest cost on APBO	3,614	5,332	1,340	790	1,708	952
Expected return on assets	(7,982)	—	(2,398)	(2,474)	(4,552)	(1,394)
Amortization of prior service credit	(2,476)	(3,674)	(878)	(342)	(1,122)	(726)
Amortization of net (gain) loss	288	(348)	362	116	242	178
Net other postretirement benefit cost (income)	($5,374)	$3,630	($1,050)	($1,726)	($3,252)	($504)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,739	($57)	$5,682
Amortization of net loss	(26,461)	(327)	(831)	(27,619)
	($26,461)	$5,412	($888)	($21,937)
Entergy Louisiana
Amortization of prior service credit	$—	$1,698	$—	$1,698
Amortization of net gain (loss)	(499)	81	(1)	(419)
	($499)	$1,779	($1)	$1,279

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,375	($50)	$5,325
Amortization of net gain (loss)	(18,736)	308	(552)	(18,980)
Settlement loss	(162)	—	(756)	(918)
	($18,898)	$5,683	($1,358)	($14,573)
Entergy Louisiana
Amortization of prior service credit	$—	$1,837	$—	$1,837
Amortization of net gain (loss)	(699)	174	(1)	(526)
	($699)	$2,011	($1)	$1,311

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$9,516	($115)	$9,401
Amortization of net loss	(52,923)	(352)	(1,662)	(54,937)
	($52,923)	$9,164	($1,777)	($45,536)
Entergy Louisiana
Amortization of prior service credit	$—	$2,787	$—	$2,787
Amortization of net gain (loss)	(998)	280	(2)	(720)
	($998)	$3,067	($2)	$2,067

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$10,750	($98)	$10,652
Amortization of net gain (loss)	(37,470)	615	(1,114)	(37,969)
Settlement loss	(1,299)	—	(756)	(2,055)
	($38,769)	$11,365	($1,968)	($29,372)
Entergy Louisiana
Amortization of prior service credit	$—	$3,674	$—	$3,674
Amortization of net gain (loss)	(1,397)	348	(3)	(1,052)
	($1,397)	$4,022	($3)	$2,622

Accounting for Pension and Other Postretirement Benefits

In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

Other Postretirement Benefits

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020.  As of June 30, 2020, Entergy had contributed $112 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2020 pension contributions	$78,643	$74,991	$20,115	$5,839	$5,634	$21,730
Pension contributions made through June 2020	$17,584	$18,706	$4,296	$1,458	$1,485	$5,714
Remaining estimated pension contributions to be made in 2020	$61,059	$56,285	$15,819	$4,381	$4,149	$16,016

Entergy Arkansas [Member]

Retirement And Other Postretirement Benefits

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost 

Entergy’s qualified pension cost, including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$40,379	$33,606
Interest cost on projected benefit obligation	60,799	73,912
Expected return on assets	(103,565)	(103,859)
Amortization of net loss	87,259	58,420
Settlement charges	—	162
Net pension costs	$84,872	$62,241

Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$80,758	$67,213
Interest cost on projected benefit obligation	121,598	147,853
Expected return on assets	(207,130)	(207,743)
Amortization of net loss	174,518	116,838
Settlement charges	—	1,299
Net pension costs	$169,744	$125,460

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$6,566	$8,794	$2,023	$663	$1,546	$1,965
Interest cost on projected benefit obligation	11,433	12,841	3,340	1,456	2,782	2,814
Expected return on assets	(19,622)	(22,402)	(5,757)	(2,627)	(5,486)	(4,663)
Amortization of net loss	16,897	16,627	4,748	2,005	3,265	4,279
Net pension cost	$15,274	$15,860	$4,354	$1,497	$2,107	$4,395

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$5,261	$7,284	$1,629	$569	$1,350	$1,550
Interest cost on projected benefit obligation	14,175	15,882	4,068	1,874	3,612	3,363
Expected return on assets	(20,176)	(22,652)	(5,968)	(2,697)	(5,862)	(4,677)
Amortization of net loss	11,841	11,643	3,105	1,530	2,334	2,850
Net pension cost	$11,101	$12,157	$2,834	$1,276	$1,434	$3,086

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$13,132	$17,588	$4,046	$1,326	$3,092	$3,930
Interest cost on projected benefit obligation	22,866	25,682	6,680	2,912	5,564	5,628
Expected return on assets	(39,244)	(44,804)	(11,514)	(5,254)	(10,972)	(9,326)
Amortization of net loss	33,794	33,254	9,496	4,010	6,530	8,558
Net pension cost	$30,548	$31,720	$8,708	$2,994	$4,214	$8,790

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$10,522	$14,568	$3,258	$1,138	$2,700	$3,100
Interest cost on projected benefit obligation	28,350	31,764	8,136	3,748	7,224	6,727
Expected return on assets	(40,352)	(45,304)	(11,936)	(5,393)	(11,724)	(9,354)
Amortization of net loss	23,682	23,286	6,209	3,059	4,668	5,700
Net pension cost	$22,202	$24,314	$5,667	$2,552	$2,868	$6,173

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$83	$37	$90	$8	$117
2019	$71	$41	$113	$6	$122

Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$166	$74	$180	$16	$234
2019	$144	$84	$188	$11	$246

Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost (Income)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$6,231	$4,675
Interest cost on accumulated postretirement benefit obligation (APBO)	6,888	11,975
Expected return on assets	(10,182)	(9,562)
Amortization of prior service credit	(8,985)	(8,844)
Amortization of net loss	1,005	358
Net other postretirement benefit income	($5,043)	($1,398)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$12,032	$9,350
Interest cost on accumulated postretirement benefit obligation (APBO)	14,820	23,950
Expected return on assets	(20,510)	(19,124)
Amortization of prior service credit	(14,907)	(17,688)
Amortization of net loss	1,473	716
Net other postretirement benefit cost income	($7,092)	($2,796)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$933	$1,524	$372	$114	$306	$321
Interest cost on APBO	1,164	1,497	372	186	477	276
Expected return on assets	(4,260)	—	(1,287)	(1,344)	(2,403)	(735)
Amortization of prior service credit	(396)	(1,695)	(444)	(228)	(939)	(282)
Amortization of net (gain) loss	162	(81)	48	9	231	33
Net other postretirement benefit cost (income)	($2,397)	$1,245	($939)	($1,263)	($2,328)	($387)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$591	$1,160	$262	$92	$236	$243
Interest cost on APBO	1,807	2,666	670	395	854	476
Expected return on assets	(3,991)	—	(1,199)	(1,237)	(2,276)	(697)
Amortization of prior service credit	(1,238)	(1,837)	(439)	(171)	(561)	(363)
Amortization of net (gain) loss	144	(174)	181	58	121	89
Net other postretirement benefit cost (income)	($2,687)	$1,815	($525)	($863)	($1,626)	($252)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,761	$2,947	$723	$219	$609	$615
Interest cost on APBO	2,381	3,220	794	413	1,059	583
Expected return on assets	(8,586)	—	(2,594)	(2,699)	(4,838)	(1,483)
Amortization of prior service credit	(1,057)	(2,784)	(765)	(304)	(1,489)	(501)
Amortization of net (gain) loss	217	(280)	77	(29)	443	53
Net other postretirement benefit cost (income)	($5,284)	$3,103	($1,765)	($2,400)	($4,216)	($733)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,182	$2,320	$524	$184	$472	$486
Interest cost on APBO	3,614	5,332	1,340	790	1,708	952
Expected return on assets	(7,982)	—	(2,398)	(2,474)	(4,552)	(1,394)
Amortization of prior service credit	(2,476)	(3,674)	(878)	(342)	(1,122)	(726)
Amortization of net (gain) loss	288	(348)	362	116	242	178
Net other postretirement benefit cost (income)	($5,374)	$3,630	($1,050)	($1,726)	($3,252)	($504)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,739	($57)	$5,682
Amortization of net loss	(26,461)	(327)	(831)	(27,619)
	($26,461)	$5,412	($888)	($21,937)
Entergy Louisiana
Amortization of prior service credit	$—	$1,698	$—	$1,698
Amortization of net gain (loss)	(499)	81	(1)	(419)
	($499)	$1,779	($1)	$1,279

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,375	($50)	$5,325
Amortization of net gain (loss)	(18,736)	308	(552)	(18,980)
Settlement loss	(162)	—	(756)	(918)
	($18,898)	$5,683	($1,358)	($14,573)
Entergy Louisiana
Amortization of prior service credit	$—	$1,837	$—	$1,837
Amortization of net gain (loss)	(699)	174	(1)	(526)
	($699)	$2,011	($1)	$1,311

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$9,516	($115)	$9,401
Amortization of net loss	(52,923)	(352)	(1,662)	(54,937)
	($52,923)	$9,164	($1,777)	($45,536)
Entergy Louisiana
Amortization of prior service credit	$—	$2,787	$—	$2,787
Amortization of net gain (loss)	(998)	280	(2)	(720)
	($998)	$3,067	($2)	$2,067

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$10,750	($98)	$10,652
Amortization of net gain (loss)	(37,470)	615	(1,114)	(37,969)
Settlement loss	(1,299)	—	(756)	(2,055)
	($38,769)	$11,365	($1,968)	($29,372)
Entergy Louisiana
Amortization of prior service credit	$—	$3,674	$—	$3,674
Amortization of net gain (loss)	(1,397)	348	(3)	(1,052)
	($1,397)	$4,022	($3)	$2,622

Accounting for Pension and Other Postretirement Benefits

In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

Other Postretirement Benefits

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020.  As of June 30, 2020, Entergy had contributed $112 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2020 pension contributions	$78,643	$74,991	$20,115	$5,839	$5,634	$21,730
Pension contributions made through June 2020	$17,584	$18,706	$4,296	$1,458	$1,485	$5,714
Remaining estimated pension contributions to be made in 2020	$61,059	$56,285	$15,819	$4,381	$4,149	$16,016

Entergy Louisiana [Member]

Retirement And Other Postretirement Benefits

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost 

Entergy’s qualified pension cost, including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$40,379	$33,606
Interest cost on projected benefit obligation	60,799	73,912
Expected return on assets	(103,565)	(103,859)
Amortization of net loss	87,259	58,420
Settlement charges	—	162
Net pension costs	$84,872	$62,241

Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$80,758	$67,213
Interest cost on projected benefit obligation	121,598	147,853
Expected return on assets	(207,130)	(207,743)
Amortization of net loss	174,518	116,838
Settlement charges	—	1,299
Net pension costs	$169,744	$125,460

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$6,566	$8,794	$2,023	$663	$1,546	$1,965
Interest cost on projected benefit obligation	11,433	12,841	3,340	1,456	2,782	2,814
Expected return on assets	(19,622)	(22,402)	(5,757)	(2,627)	(5,486)	(4,663)
Amortization of net loss	16,897	16,627	4,748	2,005	3,265	4,279
Net pension cost	$15,274	$15,860	$4,354	$1,497	$2,107	$4,395

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$5,261	$7,284	$1,629	$569	$1,350	$1,550
Interest cost on projected benefit obligation	14,175	15,882	4,068	1,874	3,612	3,363
Expected return on assets	(20,176)	(22,652)	(5,968)	(2,697)	(5,862)	(4,677)
Amortization of net loss	11,841	11,643	3,105	1,530	2,334	2,850
Net pension cost	$11,101	$12,157	$2,834	$1,276	$1,434	$3,086

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$13,132	$17,588	$4,046	$1,326	$3,092	$3,930
Interest cost on projected benefit obligation	22,866	25,682	6,680	2,912	5,564	5,628
Expected return on assets	(39,244)	(44,804)	(11,514)	(5,254)	(10,972)	(9,326)
Amortization of net loss	33,794	33,254	9,496	4,010	6,530	8,558
Net pension cost	$30,548	$31,720	$8,708	$2,994	$4,214	$8,790

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$10,522	$14,568	$3,258	$1,138	$2,700	$3,100
Interest cost on projected benefit obligation	28,350	31,764	8,136	3,748	7,224	6,727
Expected return on assets	(40,352)	(45,304)	(11,936)	(5,393)	(11,724)	(9,354)
Amortization of net loss	23,682	23,286	6,209	3,059	4,668	5,700
Net pension cost	$22,202	$24,314	$5,667	$2,552	$2,868	$6,173

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$83	$37	$90	$8	$117
2019	$71	$41	$113	$6	$122

Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$166	$74	$180	$16	$234
2019	$144	$84	$188	$11	$246

Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost (Income)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$6,231	$4,675
Interest cost on accumulated postretirement benefit obligation (APBO)	6,888	11,975
Expected return on assets	(10,182)	(9,562)
Amortization of prior service credit	(8,985)	(8,844)
Amortization of net loss	1,005	358
Net other postretirement benefit income	($5,043)	($1,398)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$12,032	$9,350
Interest cost on accumulated postretirement benefit obligation (APBO)	14,820	23,950
Expected return on assets	(20,510)	(19,124)
Amortization of prior service credit	(14,907)	(17,688)
Amortization of net loss	1,473	716
Net other postretirement benefit cost income	($7,092)	($2,796)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$933	$1,524	$372	$114	$306	$321
Interest cost on APBO	1,164	1,497	372	186	477	276
Expected return on assets	(4,260)	—	(1,287)	(1,344)	(2,403)	(735)
Amortization of prior service credit	(396)	(1,695)	(444)	(228)	(939)	(282)
Amortization of net (gain) loss	162	(81)	48	9	231	33
Net other postretirement benefit cost (income)	($2,397)	$1,245	($939)	($1,263)	($2,328)	($387)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$591	$1,160	$262	$92	$236	$243
Interest cost on APBO	1,807	2,666	670	395	854	476
Expected return on assets	(3,991)	—	(1,199)	(1,237)	(2,276)	(697)
Amortization of prior service credit	(1,238)	(1,837)	(439)	(171)	(561)	(363)
Amortization of net (gain) loss	144	(174)	181	58	121	89
Net other postretirement benefit cost (income)	($2,687)	$1,815	($525)	($863)	($1,626)	($252)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,761	$2,947	$723	$219	$609	$615
Interest cost on APBO	2,381	3,220	794	413	1,059	583
Expected return on assets	(8,586)	—	(2,594)	(2,699)	(4,838)	(1,483)
Amortization of prior service credit	(1,057)	(2,784)	(765)	(304)	(1,489)	(501)
Amortization of net (gain) loss	217	(280)	77	(29)	443	53
Net other postretirement benefit cost (income)	($5,284)	$3,103	($1,765)	($2,400)	($4,216)	($733)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,182	$2,320	$524	$184	$472	$486
Interest cost on APBO	3,614	5,332	1,340	790	1,708	952
Expected return on assets	(7,982)	—	(2,398)	(2,474)	(4,552)	(1,394)
Amortization of prior service credit	(2,476)	(3,674)	(878)	(342)	(1,122)	(726)
Amortization of net (gain) loss	288	(348)	362	116	242	178
Net other postretirement benefit cost (income)	($5,374)	$3,630	($1,050)	($1,726)	($3,252)	($504)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,739	($57)	$5,682
Amortization of net loss	(26,461)	(327)	(831)	(27,619)
	($26,461)	$5,412	($888)	($21,937)
Entergy Louisiana
Amortization of prior service credit	$—	$1,698	$—	$1,698
Amortization of net gain (loss)	(499)	81	(1)	(419)
	($499)	$1,779	($1)	$1,279

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,375	($50)	$5,325
Amortization of net gain (loss)	(18,736)	308	(552)	(18,980)
Settlement loss	(162)	—	(756)	(918)
	($18,898)	$5,683	($1,358)	($14,573)
Entergy Louisiana
Amortization of prior service credit	$—	$1,837	$—	$1,837
Amortization of net gain (loss)	(699)	174	(1)	(526)
	($699)	$2,011	($1)	$1,311

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$9,516	($115)	$9,401
Amortization of net loss	(52,923)	(352)	(1,662)	(54,937)
	($52,923)	$9,164	($1,777)	($45,536)
Entergy Louisiana
Amortization of prior service credit	$—	$2,787	$—	$2,787
Amortization of net gain (loss)	(998)	280	(2)	(720)
	($998)	$3,067	($2)	$2,067

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$10,750	($98)	$10,652
Amortization of net gain (loss)	(37,470)	615	(1,114)	(37,969)
Settlement loss	(1,299)	—	(756)	(2,055)
	($38,769)	$11,365	($1,968)	($29,372)
Entergy Louisiana
Amortization of prior service credit	$—	$3,674	$—	$3,674
Amortization of net gain (loss)	(1,397)	348	(3)	(1,052)
	($1,397)	$4,022	($3)	$2,622

Accounting for Pension and Other Postretirement Benefits

In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

Other Postretirement Benefits

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020.  As of June 30, 2020, Entergy had contributed $112 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2020 pension contributions	$78,643	$74,991	$20,115	$5,839	$5,634	$21,730
Pension contributions made through June 2020	$17,584	$18,706	$4,296	$1,458	$1,485	$5,714
Remaining estimated pension contributions to be made in 2020	$61,059	$56,285	$15,819	$4,381	$4,149	$16,016

Entergy Mississippi [Member]

Retirement And Other Postretirement Benefits

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost 

Entergy’s qualified pension cost, including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$40,379	$33,606
Interest cost on projected benefit obligation	60,799	73,912
Expected return on assets	(103,565)	(103,859)
Amortization of net loss	87,259	58,420
Settlement charges	—	162
Net pension costs	$84,872	$62,241

Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$80,758	$67,213
Interest cost on projected benefit obligation	121,598	147,853
Expected return on assets	(207,130)	(207,743)
Amortization of net loss	174,518	116,838
Settlement charges	—	1,299
Net pension costs	$169,744	$125,460

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$6,566	$8,794	$2,023	$663	$1,546	$1,965
Interest cost on projected benefit obligation	11,433	12,841	3,340	1,456	2,782	2,814
Expected return on assets	(19,622)	(22,402)	(5,757)	(2,627)	(5,486)	(4,663)
Amortization of net loss	16,897	16,627	4,748	2,005	3,265	4,279
Net pension cost	$15,274	$15,860	$4,354	$1,497	$2,107	$4,395

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$5,261	$7,284	$1,629	$569	$1,350	$1,550
Interest cost on projected benefit obligation	14,175	15,882	4,068	1,874	3,612	3,363
Expected return on assets	(20,176)	(22,652)	(5,968)	(2,697)	(5,862)	(4,677)
Amortization of net loss	11,841	11,643	3,105	1,530	2,334	2,850
Net pension cost	$11,101	$12,157	$2,834	$1,276	$1,434	$3,086

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$13,132	$17,588	$4,046	$1,326	$3,092	$3,930
Interest cost on projected benefit obligation	22,866	25,682	6,680	2,912	5,564	5,628
Expected return on assets	(39,244)	(44,804)	(11,514)	(5,254)	(10,972)	(9,326)
Amortization of net loss	33,794	33,254	9,496	4,010	6,530	8,558
Net pension cost	$30,548	$31,720	$8,708	$2,994	$4,214	$8,790

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$10,522	$14,568	$3,258	$1,138	$2,700	$3,100
Interest cost on projected benefit obligation	28,350	31,764	8,136	3,748	7,224	6,727
Expected return on assets	(40,352)	(45,304)	(11,936)	(5,393)	(11,724)	(9,354)
Amortization of net loss	23,682	23,286	6,209	3,059	4,668	5,700
Net pension cost	$22,202	$24,314	$5,667	$2,552	$2,868	$6,173

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$83	$37	$90	$8	$117
2019	$71	$41	$113	$6	$122

Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$166	$74	$180	$16	$234
2019	$144	$84	$188	$11	$246

Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost (Income)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$6,231	$4,675
Interest cost on accumulated postretirement benefit obligation (APBO)	6,888	11,975
Expected return on assets	(10,182)	(9,562)
Amortization of prior service credit	(8,985)	(8,844)
Amortization of net loss	1,005	358
Net other postretirement benefit income	($5,043)	($1,398)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$12,032	$9,350
Interest cost on accumulated postretirement benefit obligation (APBO)	14,820	23,950
Expected return on assets	(20,510)	(19,124)
Amortization of prior service credit	(14,907)	(17,688)
Amortization of net loss	1,473	716
Net other postretirement benefit cost income	($7,092)	($2,796)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$933	$1,524	$372	$114	$306	$321
Interest cost on APBO	1,164	1,497	372	186	477	276
Expected return on assets	(4,260)	—	(1,287)	(1,344)	(2,403)	(735)
Amortization of prior service credit	(396)	(1,695)	(444)	(228)	(939)	(282)
Amortization of net (gain) loss	162	(81)	48	9	231	33
Net other postretirement benefit cost (income)	($2,397)	$1,245	($939)	($1,263)	($2,328)	($387)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$591	$1,160	$262	$92	$236	$243
Interest cost on APBO	1,807	2,666	670	395	854	476
Expected return on assets	(3,991)	—	(1,199)	(1,237)	(2,276)	(697)
Amortization of prior service credit	(1,238)	(1,837)	(439)	(171)	(561)	(363)
Amortization of net (gain) loss	144	(174)	181	58	121	89
Net other postretirement benefit cost (income)	($2,687)	$1,815	($525)	($863)	($1,626)	($252)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,761	$2,947	$723	$219	$609	$615
Interest cost on APBO	2,381	3,220	794	413	1,059	583
Expected return on assets	(8,586)	—	(2,594)	(2,699)	(4,838)	(1,483)
Amortization of prior service credit	(1,057)	(2,784)	(765)	(304)	(1,489)	(501)
Amortization of net (gain) loss	217	(280)	77	(29)	443	53
Net other postretirement benefit cost (income)	($5,284)	$3,103	($1,765)	($2,400)	($4,216)	($733)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,182	$2,320	$524	$184	$472	$486
Interest cost on APBO	3,614	5,332	1,340	790	1,708	952
Expected return on assets	(7,982)	—	(2,398)	(2,474)	(4,552)	(1,394)
Amortization of prior service credit	(2,476)	(3,674)	(878)	(342)	(1,122)	(726)
Amortization of net (gain) loss	288	(348)	362	116	242	178
Net other postretirement benefit cost (income)	($5,374)	$3,630	($1,050)	($1,726)	($3,252)	($504)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,739	($57)	$5,682
Amortization of net loss	(26,461)	(327)	(831)	(27,619)
	($26,461)	$5,412	($888)	($21,937)
Entergy Louisiana
Amortization of prior service credit	$—	$1,698	$—	$1,698
Amortization of net gain (loss)	(499)	81	(1)	(419)
	($499)	$1,779	($1)	$1,279

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,375	($50)	$5,325
Amortization of net gain (loss)	(18,736)	308	(552)	(18,980)
Settlement loss	(162)	—	(756)	(918)
	($18,898)	$5,683	($1,358)	($14,573)
Entergy Louisiana
Amortization of prior service credit	$—	$1,837	$—	$1,837
Amortization of net gain (loss)	(699)	174	(1)	(526)
	($699)	$2,011	($1)	$1,311

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$9,516	($115)	$9,401
Amortization of net loss	(52,923)	(352)	(1,662)	(54,937)
	($52,923)	$9,164	($1,777)	($45,536)
Entergy Louisiana
Amortization of prior service credit	$—	$2,787	$—	$2,787
Amortization of net gain (loss)	(998)	280	(2)	(720)
	($998)	$3,067	($2)	$2,067

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$10,750	($98)	$10,652
Amortization of net gain (loss)	(37,470)	615	(1,114)	(37,969)
Settlement loss	(1,299)	—	(756)	(2,055)
	($38,769)	$11,365	($1,968)	($29,372)
Entergy Louisiana
Amortization of prior service credit	$—	$3,674	$—	$3,674
Amortization of net gain (loss)	(1,397)	348	(3)	(1,052)
	($1,397)	$4,022	($3)	$2,622

Accounting for Pension and Other Postretirement Benefits

In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

Other Postretirement Benefits

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020.  As of June 30, 2020, Entergy had contributed $112 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2020 pension contributions	$78,643	$74,991	$20,115	$5,839	$5,634	$21,730
Pension contributions made through June 2020	$17,584	$18,706	$4,296	$1,458	$1,485	$5,714
Remaining estimated pension contributions to be made in 2020	$61,059	$56,285	$15,819	$4,381	$4,149	$16,016

Entergy New Orleans [Member]

Retirement And Other Postretirement Benefits

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost 

Entergy’s qualified pension cost, including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$40,379	$33,606
Interest cost on projected benefit obligation	60,799	73,912
Expected return on assets	(103,565)	(103,859)
Amortization of net loss	87,259	58,420
Settlement charges	—	162
Net pension costs	$84,872	$62,241

Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$80,758	$67,213
Interest cost on projected benefit obligation	121,598	147,853
Expected return on assets	(207,130)	(207,743)
Amortization of net loss	174,518	116,838
Settlement charges	—	1,299
Net pension costs	$169,744	$125,460

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$6,566	$8,794	$2,023	$663	$1,546	$1,965
Interest cost on projected benefit obligation	11,433	12,841	3,340	1,456	2,782	2,814
Expected return on assets	(19,622)	(22,402)	(5,757)	(2,627)	(5,486)	(4,663)
Amortization of net loss	16,897	16,627	4,748	2,005	3,265	4,279
Net pension cost	$15,274	$15,860	$4,354	$1,497	$2,107	$4,395

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$5,261	$7,284	$1,629	$569	$1,350	$1,550
Interest cost on projected benefit obligation	14,175	15,882	4,068	1,874	3,612	3,363
Expected return on assets	(20,176)	(22,652)	(5,968)	(2,697)	(5,862)	(4,677)
Amortization of net loss	11,841	11,643	3,105	1,530	2,334	2,850
Net pension cost	$11,101	$12,157	$2,834	$1,276	$1,434	$3,086

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$13,132	$17,588	$4,046	$1,326	$3,092	$3,930
Interest cost on projected benefit obligation	22,866	25,682	6,680	2,912	5,564	5,628
Expected return on assets	(39,244)	(44,804)	(11,514)	(5,254)	(10,972)	(9,326)
Amortization of net loss	33,794	33,254	9,496	4,010	6,530	8,558
Net pension cost	$30,548	$31,720	$8,708	$2,994	$4,214	$8,790

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$10,522	$14,568	$3,258	$1,138	$2,700	$3,100
Interest cost on projected benefit obligation	28,350	31,764	8,136	3,748	7,224	6,727
Expected return on assets	(40,352)	(45,304)	(11,936)	(5,393)	(11,724)	(9,354)
Amortization of net loss	23,682	23,286	6,209	3,059	4,668	5,700
Net pension cost	$22,202	$24,314	$5,667	$2,552	$2,868	$6,173

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$83	$37	$90	$8	$117
2019	$71	$41	$113	$6	$122

Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$166	$74	$180	$16	$234
2019	$144	$84	$188	$11	$246

Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost (Income)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$6,231	$4,675
Interest cost on accumulated postretirement benefit obligation (APBO)	6,888	11,975
Expected return on assets	(10,182)	(9,562)
Amortization of prior service credit	(8,985)	(8,844)
Amortization of net loss	1,005	358
Net other postretirement benefit income	($5,043)	($1,398)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$12,032	$9,350
Interest cost on accumulated postretirement benefit obligation (APBO)	14,820	23,950
Expected return on assets	(20,510)	(19,124)
Amortization of prior service credit	(14,907)	(17,688)
Amortization of net loss	1,473	716
Net other postretirement benefit cost income	($7,092)	($2,796)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$933	$1,524	$372	$114	$306	$321
Interest cost on APBO	1,164	1,497	372	186	477	276
Expected return on assets	(4,260)	—	(1,287)	(1,344)	(2,403)	(735)
Amortization of prior service credit	(396)	(1,695)	(444)	(228)	(939)	(282)
Amortization of net (gain) loss	162	(81)	48	9	231	33
Net other postretirement benefit cost (income)	($2,397)	$1,245	($939)	($1,263)	($2,328)	($387)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$591	$1,160	$262	$92	$236	$243
Interest cost on APBO	1,807	2,666	670	395	854	476
Expected return on assets	(3,991)	—	(1,199)	(1,237)	(2,276)	(697)
Amortization of prior service credit	(1,238)	(1,837)	(439)	(171)	(561)	(363)
Amortization of net (gain) loss	144	(174)	181	58	121	89
Net other postretirement benefit cost (income)	($2,687)	$1,815	($525)	($863)	($1,626)	($252)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,761	$2,947	$723	$219	$609	$615
Interest cost on APBO	2,381	3,220	794	413	1,059	583
Expected return on assets	(8,586)	—	(2,594)	(2,699)	(4,838)	(1,483)
Amortization of prior service credit	(1,057)	(2,784)	(765)	(304)	(1,489)	(501)
Amortization of net (gain) loss	217	(280)	77	(29)	443	53
Net other postretirement benefit cost (income)	($5,284)	$3,103	($1,765)	($2,400)	($4,216)	($733)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,182	$2,320	$524	$184	$472	$486
Interest cost on APBO	3,614	5,332	1,340	790	1,708	952
Expected return on assets	(7,982)	—	(2,398)	(2,474)	(4,552)	(1,394)
Amortization of prior service credit	(2,476)	(3,674)	(878)	(342)	(1,122)	(726)
Amortization of net (gain) loss	288	(348)	362	116	242	178
Net other postretirement benefit cost (income)	($5,374)	$3,630	($1,050)	($1,726)	($3,252)	($504)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,739	($57)	$5,682
Amortization of net loss	(26,461)	(327)	(831)	(27,619)
	($26,461)	$5,412	($888)	($21,937)
Entergy Louisiana
Amortization of prior service credit	$—	$1,698	$—	$1,698
Amortization of net gain (loss)	(499)	81	(1)	(419)
	($499)	$1,779	($1)	$1,279

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,375	($50)	$5,325
Amortization of net gain (loss)	(18,736)	308	(552)	(18,980)
Settlement loss	(162)	—	(756)	(918)
	($18,898)	$5,683	($1,358)	($14,573)
Entergy Louisiana
Amortization of prior service credit	$—	$1,837	$—	$1,837
Amortization of net gain (loss)	(699)	174	(1)	(526)
	($699)	$2,011	($1)	$1,311

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$9,516	($115)	$9,401
Amortization of net loss	(52,923)	(352)	(1,662)	(54,937)
	($52,923)	$9,164	($1,777)	($45,536)
Entergy Louisiana
Amortization of prior service credit	$—	$2,787	$—	$2,787
Amortization of net gain (loss)	(998)	280	(2)	(720)
	($998)	$3,067	($2)	$2,067

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$10,750	($98)	$10,652
Amortization of net gain (loss)	(37,470)	615	(1,114)	(37,969)
Settlement loss	(1,299)	—	(756)	(2,055)
	($38,769)	$11,365	($1,968)	($29,372)
Entergy Louisiana
Amortization of prior service credit	$—	$3,674	$—	$3,674
Amortization of net gain (loss)	(1,397)	348	(3)	(1,052)
	($1,397)	$4,022	($3)	$2,622

Accounting for Pension and Other Postretirement Benefits

In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

Other Postretirement Benefits

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020.  As of June 30, 2020, Entergy had contributed $112 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2020 pension contributions	$78,643	$74,991	$20,115	$5,839	$5,634	$21,730
Pension contributions made through June 2020	$17,584	$18,706	$4,296	$1,458	$1,485	$5,714
Remaining estimated pension contributions to be made in 2020	$61,059	$56,285	$15,819	$4,381	$4,149	$16,016

Entergy Texas [Member]

Retirement And Other Postretirement Benefits

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost 

Entergy’s qualified pension cost, including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$40,379	$33,606
Interest cost on projected benefit obligation	60,799	73,912
Expected return on assets	(103,565)	(103,859)
Amortization of net loss	87,259	58,420
Settlement charges	—	162
Net pension costs	$84,872	$62,241

Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$80,758	$67,213
Interest cost on projected benefit obligation	121,598	147,853
Expected return on assets	(207,130)	(207,743)
Amortization of net loss	174,518	116,838
Settlement charges	—	1,299
Net pension costs	$169,744	$125,460

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$6,566	$8,794	$2,023	$663	$1,546	$1,965
Interest cost on projected benefit obligation	11,433	12,841	3,340	1,456	2,782	2,814
Expected return on assets	(19,622)	(22,402)	(5,757)	(2,627)	(5,486)	(4,663)
Amortization of net loss	16,897	16,627	4,748	2,005	3,265	4,279
Net pension cost	$15,274	$15,860	$4,354	$1,497	$2,107	$4,395

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$5,261	$7,284	$1,629	$569	$1,350	$1,550
Interest cost on projected benefit obligation	14,175	15,882	4,068	1,874	3,612	3,363
Expected return on assets	(20,176)	(22,652)	(5,968)	(2,697)	(5,862)	(4,677)
Amortization of net loss	11,841	11,643	3,105	1,530	2,334	2,850
Net pension cost	$11,101	$12,157	$2,834	$1,276	$1,434	$3,086

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$13,132	$17,588	$4,046	$1,326	$3,092	$3,930
Interest cost on projected benefit obligation	22,866	25,682	6,680	2,912	5,564	5,628
Expected return on assets	(39,244)	(44,804)	(11,514)	(5,254)	(10,972)	(9,326)
Amortization of net loss	33,794	33,254	9,496	4,010	6,530	8,558
Net pension cost	$30,548	$31,720	$8,708	$2,994	$4,214	$8,790

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$10,522	$14,568	$3,258	$1,138	$2,700	$3,100
Interest cost on projected benefit obligation	28,350	31,764	8,136	3,748	7,224	6,727
Expected return on assets	(40,352)	(45,304)	(11,936)	(5,393)	(11,724)	(9,354)
Amortization of net loss	23,682	23,286	6,209	3,059	4,668	5,700
Net pension cost	$22,202	$24,314	$5,667	$2,552	$2,868	$6,173

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$83	$37	$90	$8	$117
2019	$71	$41	$113	$6	$122

Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$166	$74	$180	$16	$234
2019	$144	$84	$188	$11	$246

Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost (Income)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$6,231	$4,675
Interest cost on accumulated postretirement benefit obligation (APBO)	6,888	11,975
Expected return on assets	(10,182)	(9,562)
Amortization of prior service credit	(8,985)	(8,844)
Amortization of net loss	1,005	358
Net other postretirement benefit income	($5,043)	($1,398)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$12,032	$9,350
Interest cost on accumulated postretirement benefit obligation (APBO)	14,820	23,950
Expected return on assets	(20,510)	(19,124)
Amortization of prior service credit	(14,907)	(17,688)
Amortization of net loss	1,473	716
Net other postretirement benefit cost income	($7,092)	($2,796)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$933	$1,524	$372	$114	$306	$321
Interest cost on APBO	1,164	1,497	372	186	477	276
Expected return on assets	(4,260)	—	(1,287)	(1,344)	(2,403)	(735)
Amortization of prior service credit	(396)	(1,695)	(444)	(228)	(939)	(282)
Amortization of net (gain) loss	162	(81)	48	9	231	33
Net other postretirement benefit cost (income)	($2,397)	$1,245	($939)	($1,263)	($2,328)	($387)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$591	$1,160	$262	$92	$236	$243
Interest cost on APBO	1,807	2,666	670	395	854	476
Expected return on assets	(3,991)	—	(1,199)	(1,237)	(2,276)	(697)
Amortization of prior service credit	(1,238)	(1,837)	(439)	(171)	(561)	(363)
Amortization of net (gain) loss	144	(174)	181	58	121	89
Net other postretirement benefit cost (income)	($2,687)	$1,815	($525)	($863)	($1,626)	($252)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,761	$2,947	$723	$219	$609	$615
Interest cost on APBO	2,381	3,220	794	413	1,059	583
Expected return on assets	(8,586)	—	(2,594)	(2,699)	(4,838)	(1,483)
Amortization of prior service credit	(1,057)	(2,784)	(765)	(304)	(1,489)	(501)
Amortization of net (gain) loss	217	(280)	77	(29)	443	53
Net other postretirement benefit cost (income)	($5,284)	$3,103	($1,765)	($2,400)	($4,216)	($733)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,182	$2,320	$524	$184	$472	$486
Interest cost on APBO	3,614	5,332	1,340	790	1,708	952
Expected return on assets	(7,982)	—	(2,398)	(2,474)	(4,552)	(1,394)
Amortization of prior service credit	(2,476)	(3,674)	(878)	(342)	(1,122)	(726)
Amortization of net (gain) loss	288	(348)	362	116	242	178
Net other postretirement benefit cost (income)	($5,374)	$3,630	($1,050)	($1,726)	($3,252)	($504)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,739	($57)	$5,682
Amortization of net loss	(26,461)	(327)	(831)	(27,619)
	($26,461)	$5,412	($888)	($21,937)
Entergy Louisiana
Amortization of prior service credit	$—	$1,698	$—	$1,698
Amortization of net gain (loss)	(499)	81	(1)	(419)
	($499)	$1,779	($1)	$1,279

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,375	($50)	$5,325
Amortization of net gain (loss)	(18,736)	308	(552)	(18,980)
Settlement loss	(162)	—	(756)	(918)
	($18,898)	$5,683	($1,358)	($14,573)
Entergy Louisiana
Amortization of prior service credit	$—	$1,837	$—	$1,837
Amortization of net gain (loss)	(699)	174	(1)	(526)
	($699)	$2,011	($1)	$1,311

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$9,516	($115)	$9,401
Amortization of net loss	(52,923)	(352)	(1,662)	(54,937)
	($52,923)	$9,164	($1,777)	($45,536)
Entergy Louisiana
Amortization of prior service credit	$—	$2,787	$—	$2,787
Amortization of net gain (loss)	(998)	280	(2)	(720)
	($998)	$3,067	($2)	$2,067

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$10,750	($98)	$10,652
Amortization of net gain (loss)	(37,470)	615	(1,114)	(37,969)
Settlement loss	(1,299)	—	(756)	(2,055)
	($38,769)	$11,365	($1,968)	($29,372)
Entergy Louisiana
Amortization of prior service credit	$—	$3,674	$—	$3,674
Amortization of net gain (loss)	(1,397)	348	(3)	(1,052)
	($1,397)	$4,022	($3)	$2,622

Accounting for Pension and Other Postretirement Benefits

In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

Other Postretirement Benefits

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020.  As of June 30, 2020, Entergy had contributed $112 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2020 pension contributions	$78,643	$74,991	$20,115	$5,839	$5,634	$21,730
Pension contributions made through June 2020	$17,584	$18,706	$4,296	$1,458	$1,485	$5,714
Remaining estimated pension contributions to be made in 2020	$61,059	$56,285	$15,819	$4,381	$4,149	$16,016

System Energy [Member]

Retirement And Other Postretirement Benefits

RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Components of Qualified Net Pension Cost 

Entergy’s qualified pension cost, including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$40,379	$33,606
Interest cost on projected benefit obligation	60,799	73,912
Expected return on assets	(103,565)	(103,859)
Amortization of net loss	87,259	58,420
Settlement charges	—	162
Net pension costs	$84,872	$62,241

Entergy’s qualified pension cost, including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$80,758	$67,213
Interest cost on projected benefit obligation	121,598	147,853
Expected return on assets	(207,130)	(207,743)
Amortization of net loss	174,518	116,838
Settlement charges	—	1,299
Net pension costs	$169,744	$125,460

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$6,566	$8,794	$2,023	$663	$1,546	$1,965
Interest cost on projected benefit obligation	11,433	12,841	3,340	1,456	2,782	2,814
Expected return on assets	(19,622)	(22,402)	(5,757)	(2,627)	(5,486)	(4,663)
Amortization of net loss	16,897	16,627	4,748	2,005	3,265	4,279
Net pension cost	$15,274	$15,860	$4,354	$1,497	$2,107	$4,395

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$5,261	$7,284	$1,629	$569	$1,350	$1,550
Interest cost on projected benefit obligation	14,175	15,882	4,068	1,874	3,612	3,363
Expected return on assets	(20,176)	(22,652)	(5,968)	(2,697)	(5,862)	(4,677)
Amortization of net loss	11,841	11,643	3,105	1,530	2,334	2,850
Net pension cost	$11,101	$12,157	$2,834	$1,276	$1,434	$3,086

The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$13,132	$17,588	$4,046	$1,326	$3,092	$3,930
Interest cost on projected benefit obligation	22,866	25,682	6,680	2,912	5,564	5,628
Expected return on assets	(39,244)	(44,804)	(11,514)	(5,254)	(10,972)	(9,326)
Amortization of net loss	33,794	33,254	9,496	4,010	6,530	8,558
Net pension cost	$30,548	$31,720	$8,708	$2,994	$4,214	$8,790

2019	Entergy Arkansas	Entergy Louisiana	Entergy  Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$10,522	$14,568	$3,258	$1,138	$2,700	$3,100
Interest cost on projected benefit obligation	28,350	31,764	8,136	3,748	7,224	6,727
Expected return on assets	(40,352)	(45,304)	(11,936)	(5,393)	(11,724)	(9,354)
Amortization of net loss	23,682	23,286	6,209	3,059	4,668	5,700
Net pension cost	$22,202	$24,314	$5,667	$2,552	$2,868	$6,173

Non-Qualified Net Pension Cost

Entergy recognized $4.5 million and $7.6 million in pension cost for its non-qualified pension plans in the second quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the second quarter of 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan. Entergy recognized $9.1 million and $11.6 million in pension cost for its non-qualified pension plans for the six months ended June 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the six months ended June 30, 2019 were settlement charges of $3.7 million related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the second quarters of 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$83	$37	$90	$8	$117
2019	$71	$41	$113	$6	$122

Reflected in Entergy Mississippi’s non-qualified pension costs in the second quarter of 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the six months ended June 30, 2020 and 2019:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas
	(In Thousands)
2020	$166	$74	$180	$16	$234
2019	$144	$84	$188	$11	$246

Reflected in Entergy Mississippi’s non-qualified pension costs for the six months ended June 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.

Components of Net Other Postretirement Benefit Cost (Income)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the second quarters of 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$6,231	$4,675
Interest cost on accumulated postretirement benefit obligation (APBO)	6,888	11,975
Expected return on assets	(10,182)	(9,562)
Amortization of prior service credit	(8,985)	(8,844)
Amortization of net loss	1,005	358
Net other postretirement benefit income	($5,043)	($1,398)

Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the six months ended June 30, 2020 and 2019, included the following components:

	2020	2019
	(In Thousands)
Service cost - benefits earned during the period	$12,032	$9,350
Interest cost on accumulated postretirement benefit obligation (APBO)	14,820	23,950
Expected return on assets	(20,510)	(19,124)
Amortization of prior service credit	(14,907)	(17,688)
Amortization of net loss	1,473	716
Net other postretirement benefit cost income	($7,092)	($2,796)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the second quarters of 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$933	$1,524	$372	$114	$306	$321
Interest cost on APBO	1,164	1,497	372	186	477	276
Expected return on assets	(4,260)	—	(1,287)	(1,344)	(2,403)	(735)
Amortization of prior service credit	(396)	(1,695)	(444)	(228)	(939)	(282)
Amortization of net (gain) loss	162	(81)	48	9	231	33
Net other postretirement benefit cost (income)	($2,397)	$1,245	($939)	($1,263)	($2,328)	($387)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$591	$1,160	$262	$92	$236	$243
Interest cost on APBO	1,807	2,666	670	395	854	476
Expected return on assets	(3,991)	—	(1,199)	(1,237)	(2,276)	(697)
Amortization of prior service credit	(1,238)	(1,837)	(439)	(171)	(561)	(363)
Amortization of net (gain) loss	144	(174)	181	58	121	89
Net other postretirement benefit cost (income)	($2,687)	$1,815	($525)	($863)	($1,626)	($252)

The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the six months ended June 30, 2020 and 2019, included the following components:

2020	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,761	$2,947	$723	$219	$609	$615
Interest cost on APBO	2,381	3,220	794	413	1,059	583
Expected return on assets	(8,586)	—	(2,594)	(2,699)	(4,838)	(1,483)
Amortization of prior service credit	(1,057)	(2,784)	(765)	(304)	(1,489)	(501)
Amortization of net (gain) loss	217	(280)	77	(29)	443	53
Net other postretirement benefit cost (income)	($5,284)	$3,103	($1,765)	($2,400)	($4,216)	($733)

2019	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Service cost - benefits earned during the period	$1,182	$2,320	$524	$184	$472	$486
Interest cost on APBO	3,614	5,332	1,340	790	1,708	952
Expected return on assets	(7,982)	—	(2,398)	(2,474)	(4,552)	(1,394)
Amortization of prior service credit	(2,476)	(3,674)	(878)	(342)	(1,122)	(726)
Amortization of net (gain) loss	288	(348)	362	116	242	178
Net other postretirement benefit cost (income)	($5,374)	$3,630	($1,050)	($1,726)	($3,252)	($504)

Reclassification out of Accumulated Other Comprehensive Income (Loss)

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the second quarters of 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,739	($57)	$5,682
Amortization of net loss	(26,461)	(327)	(831)	(27,619)
	($26,461)	$5,412	($888)	($21,937)
Entergy Louisiana
Amortization of prior service credit	$—	$1,698	$—	$1,698
Amortization of net gain (loss)	(499)	81	(1)	(419)
	($499)	$1,779	($1)	$1,279

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$5,375	($50)	$5,325
Amortization of net gain (loss)	(18,736)	308	(552)	(18,980)
Settlement loss	(162)	—	(756)	(918)
	($18,898)	$5,683	($1,358)	($14,573)
Entergy Louisiana
Amortization of prior service credit	$—	$1,837	$—	$1,837
Amortization of net gain (loss)	(699)	174	(1)	(526)
	($699)	$2,011	($1)	$1,311

Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the six months ended June 30, 2020 and 2019:

2020	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$9,516	($115)	$9,401
Amortization of net loss	(52,923)	(352)	(1,662)	(54,937)
	($52,923)	$9,164	($1,777)	($45,536)
Entergy Louisiana
Amortization of prior service credit	$—	$2,787	$—	$2,787
Amortization of net gain (loss)	(998)	280	(2)	(720)
	($998)	$3,067	($2)	$2,067

2019	Qualified Pension Costs	Other Postretirement Costs	Non-Qualified Pension Costs	Total
	(In Thousands)
Entergy
Amortization of prior service (cost) credit	$—	$10,750	($98)	$10,652
Amortization of net gain (loss)	(37,470)	615	(1,114)	(37,969)
Settlement loss	(1,299)	—	(756)	(2,055)
	($38,769)	$11,365	($1,968)	($29,372)
Entergy Louisiana
Amortization of prior service credit	$—	$3,674	$—	$3,674
Amortization of net gain (loss)	(1,397)	348	(3)	(1,052)
	($1,397)	$4,022	($3)	$2,622

Accounting for Pension and Other Postretirement Benefits

In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.

Other Postretirement Benefits

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Employer Contributions

Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020.  As of June 30, 2020, Entergy had contributed $112 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020:

	Entergy Arkansas	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	Entergy Texas	System Energy
	(In Thousands)
Expected 2020 pension contributions	$78,643	$74,991	$20,115	$5,839	$5,634	$21,730
Pension contributions made through June 2020	$17,584	$18,706	$4,296	$1,458	$1,485	$5,714
Remaining estimated pension contributions to be made in 2020	$61,059	$56,285	$15,819	$4,381	$4,149	$16,016