12. Pensions

Signet operates a defined benefit pension plan in the UK (the “UK Plan”). The components of net periodic pension cost were as follows:


	13 weeks ended						39 weeks ended
(in millions)	November 2, 2013			October 27, 2012			November 2, 2013			October 27, 2012
Components of net periodic pension benefit (cost):
Service cost	$	(0.6	)	$	(0.9	)	$	(1.8	)	$	(2.7	)
Interest cost		(2.3	)		(2.4	)		(6.9	)		(7.1	)
Expected return on UK Plan assets		3.2			2.9			9.6			8.6
Amortization of unrecognized prior service credit		0.4			0.4			1.1			1.2
Amortization of unrecognized actuarial loss		(0.6	)		(0.8	)		(1.7	)		(2.4	)

Net periodic pension benefit (cost)	$	0.1		$	(0.8	)	$	0.3		$	(2.4	)

In the 39 weeks ended November 2, 2013, Signet contributed $3.9 million to the UK Plan and expects to contribute a minimum aggregate of $5.2 million at current exchange rates to the UK Plan in Fiscal 2014. These contributions are in accordance with an agreed upon deficit recovery plan and based on the results of the actuarial valuation as of April 5, 2012.