BENEFIT PLANS

6 Months Ended

Jun. 30, 2011

BENEFIT PLANS

NOTE 8 - 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 postretirement employee benefit plans for the three and six months ended June 30, 2011 and 2010:

Defined Benefit Plans	Three Months Ended						Six Months Ended
(in thousands)	2011			2010			2011			2010
Service cost	$	2,578		$	1,918		$	5,012		$	3,933
Interest cost		2,305			2,014			4,492			4,157
Expected return on plan assets		(1,290	)		(1,116	)		(2,506	)		(2,268	)
Amortization of transition obligation		-			28			-			59
Amortization of prior service cost		21			24			41			44
Amortization of net loss		405			234			788			475
Net periodic benefit cost	$	4,019		$	3,102		$	7,827		$	6,400

Other Postretirement Plans	Three Months Ended				Six Months Ended
(in thousands)	2011		2010		2011		2010
Service cost	$	16	$	15	$	32	$	29
Interest cost		139		153		277		306
Amortization of net loss		49		68		98		137
Net periodic benefit cost	$	204	$	236	$	407	$	472

The following sets forth the information related to the contributions to the Company’s benefit plans for 2011:

			Other
	Pension		Postretirement
(in thousands)	Benefits		Benefits
Actual at June 30, 2011	$	5,319	$	169
Projected for the remainder of the year		4,806		930
Total for year	$	10,125	$	1,099