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Pension and Other Postretirement Benefits
 3 Months Ended
Mar. 28, 2021
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefits PENSION AND OTHER POSTRETIREMENT BENEFITS
Pension
Single-Employer Plans
We maintain The New York Times Companies Pension Plan (the “Pension Plan”), a frozen single-employer defined benefit pension plan. The Company also jointly sponsors a defined benefit plan with The NewsGuild of New York known as the Guild-Times Adjustable Pension Plan (the “APP”) that continues to accrue active benefits.
We also have a foreign-based pension plan for certain employees (the “foreign plan”). The information for the foreign plan is combined with the information for U.S. non-qualified plans. The benefit obligation of the foreign plan is immaterial to our total benefit obligation.
The components of net periodic pension cost were as follows:
For the Quarters Ended
 March 28, 2021March 29, 2020
(In thousands)Qualified
Plans		Non-
Qualified
Plans		All
Plans		Qualified
Plans		Non-
Qualified
Plans		All
Plans
Service cost$2,276 $— $2,276 $2,607 $— $2,607 
Interest cost 7,629 1,088 8,717 11,742 1,648 13,390 
Expected return on plan assets (12,677)— (12,677)(17,736)— (17,736)
Amortization of actuarial loss 5,055 1,821 6,876 5,655 1,521 7,176 
Amortization of prior service credit (486)— (486)(486)— (486)
Net periodic pension cost (1)
$1,797 $2,909 $4,706 $1,782 $3,169 $4,951 
(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 quarters of 2021 and 2020, we made pension contributions of $1.5 million and $2.1 million, respectively, to the APP. We expect contributions in 2021 to total approximately $10 million to satisfy funding requirements.
Other Postretirement Benefits
The components of net periodic postretirement benefit cost/(income) were as follows:
For the Quarters Ended
(In thousands)March 28, 2021March 29, 2020
Service cost$13 $7 
Interest cost 141 256 
Amortization of actuarial loss 852 763 
Amortization of prior service credit (836)(1,056)
Net periodic postretirement benefit cost/(income) (1)
$170 $(30)
(1) The service cost component of net periodic postretirement benefit cost/(income) 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.