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Pension and Other Postretirement Benefits
3 Months Ended
Mar. 31, 2023
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, 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 (income)/cost were as follows:
For the Quarters Ended
 March 31, 2023March 27, 2022
(In thousands)Qualified
Plans
Non-
Qualified
Plans
All
Plans
Qualified
Plans
Non-
Qualified
Plans
All
Plans
Service cost$1,417 $— $1,417 $2,882 $— $2,882 
Interest cost 14,198 2,296 16,494 8,837 1,284 10,121 
Expected return on plan assets (19,122)— (19,122)(13,807)— (13,807)
Amortization of actuarial loss 663 890 1,553 3,266 1,643 4,909 
Amortization of prior service credit (486)— (486)(486)— (486)
Net periodic pension (income)/cost$(3,330)$3,186 $(144)$692 $2,927 $3,619 
During the first quarters of 2023 and 2022, we made pension contributions of $2.0 million and $2.3 million, respectively, to the APP. We expect to make contractual contributions in 2023 of approximately $10 million, which more than satisfy minimum funding requirements.
Other Postretirement Benefits
The components of net periodic postretirement benefit cost were as follows:
For the Quarters Ended
(In thousands)March 31, 2023March 27, 2022
Service cost$$12 
Interest cost 375 183 
Amortization of actuarial loss 486 823 
Amortization of prior service credit — (236)
Net periodic postretirement benefit cost$869 $782