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BENEFIT PLANS
3 Months Ended
Mar. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
BENEFIT PLANS
BENEFIT PLANS

The following sets forth the components of net periodic benefit cost of the Company’s defined benefit plans and for the Company’s other postemployment benefit plans for the three months ended March 31, 2015 and 2014:

Defined Benefit Plans 
Three Months Ended
(in thousands)
2015
 
2014
 
 
 
 
Service cost
$
4,348

 
$
3,552

Interest cost
1,854

 
2,866

Expected return on plan assets
(1,378
)
 
(1,387
)
Amortization of prior service credit
(34
)
 
(34
)
Amortization of net actuarial loss
1,984

 
707

Net periodic benefit cost
$
6,774

 
$
5,704


Other Postemployment Benefit Plans
Three Months Ended
(in thousands)
2015
 
2014
 
 
 
 
Service cost
$
89

 
$
44

Interest cost
144

 
140

Amortization of net actuarial loss
42

 
12

Net periodic benefit cost
$
275

 
$
196



The following sets forth the information related to the contributions to the Company’s benefit plans for 2015:
(in thousands)
Pension
Benefits
 
Other
Postemployment Benefits
 
 
 
 
Actual contributions through March 31, 2015
$
2,899

 
$
123

Projected contributions for the remainder of the year
8,405

 
518

Total projected contributions
$
11,304

 
$
641