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Pension and Other Postretirement Benefits
 6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefits PENSION AND OTHER POSTRETIREMENT BENEFITS
Pension
Single-Employer Plans
We historically sponsored several frozen single-employer defined benefit pension plans. Effective January 1, 2018, the Company became the sole sponsor of the frozen Newspaper Guild of New York - The New York Times Pension Plan (the “Guild-Times Plan”). Previously, the NewsGuild of New York (the “Guild”) and the Company were joint trustees of The Guild-Times Plan. Effective December 31, 2018, the Guild-Times Plan and the Retirement Annuity Plan For Craft Employees of The New York Times Companies (the “RAP”) were merged into The New York Times Companies Pension Plan.
The Company and the Guild jointly sponsor the Guild-Times Adjustable Pension Plan (the “APP”), which continues to accrue active benefits.
The components of net periodic pension cost were as follows:
 
 
For the Quarters Ended
 
 
June 30, 2019
 
July 1, 2018
(In thousands)
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
Service cost
 
$
1,279

 
$
—

 
$
1,279

 
$
2,553

 
$
—

 
$
2,553

Interest cost
 
14,708

 
2,088

 
16,796

 
13,206

 
1,848

 
15,054

Expected return on plan assets
 
(20,259
)
 
—

 
(20,259
)
 
(20,591
)
 
—

 
(20,591
)
Amortization of actuarial loss
 
4,635

 
1,094

 
5,729

 
6,680

 
1,294

 
7,974

Amortization of prior service credit
 
(486
)
 
—

 
(486
)
 
(486
)
 
—

 
(486
)
Net periodic pension (income)/cost (1)
 
$
(123
)
 
$
3,182

 
$
3,059

 
$
1,362

 
$
3,142

 
$
4,504


 
 
For the Six Months Ended
 
 
June 30, 2019
 
July 1, 2018
(In thousands)
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
 
Qualified
Plans
 
Non-
Qualified
Plans
 
All
Plans
Service cost
 
$
2,557

 
$
—

 
$
2,557

 
$
5,200

 
$
—

 
$
5,200

Interest cost
 
29,417

 
4,176

 
33,593

 
26,357

 
3,695

 
30,052

Expected return on plan assets
 
(40,517
)
 
—

 
(40,517
)
 
(41,145
)
 
—

 
(41,145
)
Amortization of actuarial loss
 
9,270

 
2,188

 
11,458

 
13,442

 
2,588

 
16,030

Amortization of prior service credit
 
(972
)
 
—

 
(972
)
 
(972
)
 
—

 
(972
)
Net periodic pension (income)/cost (1)
 
$
(245
)
 
$
6,364

 
$
6,119

 
$
2,882

 
$
6,283

 
$
9,165

(1) The service cost component of net periodic pension cost is recognized in Total operating costs, while the other components are included in Other components of net periodic benefit costs in our Condensed Consolidated Statements of Operations, below Operating profit.
During the first six months of 2019 and 2018, we made pension contributions of $4.3 million and $4.2 million, respectively, to the APP. We expect contributions in 2019 to total approximately $9 million to satisfy funding requirements.
Other Postretirement Benefits
The components of net periodic postretirement benefit income were as follows:
 
 
For the Quarters Ended
 
For the Six Months Ended
(In thousands)
 
June 30, 2019

 
July 1, 2018

 
June 30, 2019

 
July 1, 2018

Service cost
 
$
7

 
$
5

 
$
14

 
$
10

Interest cost
 
400

 
369

 
800

 
738

Amortization of actuarial loss
 
844

 
1,184

 
1,688

 
2,368

Amortization of prior service credit
 
(1,191
)
 
(1,643
)
 
(2,382
)
 
(3,182
)
Net periodic postretirement benefit cost/(income) (1)
 
$
60

 
$
(85
)
 
$
120

 
$
(66
)

(1) The service cost component of net periodic postretirement benefit cost is recognized in Total operating costs, while the other components are included in Other components of net periodic benefit costs in our Condensed Consolidated Statements of Operations, below Operating profit.