Retirement Benefit Obligations (Tables)

3 Months Ended

Mar. 31, 2014

Key Weighted Average Assumptions used in Determining Benefit Plan Costs and Obligations

The following table includes the key weighted average assumptions used in determining the Company’s benefit plan costs and obligations:

	2014			2013
Used to Determine Plan Costs
Discount Rate		4.80	%		4.00	%
Rate of Compensation Increase		3.00	%		3.00	%
Expected Long-term rate of return on plan assets		8.00	%		8.50	%
Health Care Cost Trend Rate Assumed for Next Year		7.00	%		8.00	%
Ultimate Health Care Cost Trend Rate		4.00	%		4.00	%
Year that Ultimate Health Care Cost Trend Rate is reached		2018			2017

Components of Retirement Plan Costs

The following table provides the components of the Company’s Retirement plan costs ($000’s):

	Pension Plan						PBOP Plan						SERP
Three Months Ended March 31,	2014			2013			2014			2013			2014		2013
Service Cost	$	751		$	893		$	497		$	631		$	14	$	18
Interest Cost		1,273			1,142			672			612			68		60
Expected Return on Plan Assets		(1,561	)		(1,489	)		(230	)		(180	)		—		—
Prior Service Cost Amortization		53			52			420			425			3		3
Actuarial Loss Amortization		712			1,059			14			196			25		46
Sub-total		1,228			1,657			1,373			1,684			110		127
Amounts Capitalized and Deferred		(344	)		(616	)		(473	)		(769	)		—		—
Net Periodic Benefit Cost Recognized	$	884		$	1,041		$	900		$	915		$	110	$	127