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Pension And Other Post-Retirement Benefit
9 Months Ended
Sep. 30, 2011
Pension And Other Post-Retirement Benefit [Abstract] 
Pension And Other Post-Retirement Benefit

9.         The components of net periodic benefit cost for our pension and other post-retirement benefit programs reflected in consolidated results are shown below:

 

 

 

 

 

 

 

 

Pension

 

Other Post-Retirement

Benefits for Three Months

Benefits for Three Months

Ended September 30

Ended September 30

(In Thousands)

 

 

2011

 

2010

 

2011

 

2010

Service cost

   $         (919)

   $           (892)

   $             (15)

   $              (21)

Interest cost

           (3,202)

             (3,227)

                (105)

                 (107)

Expected return on plan assets

             5,123

               5,132

                       -

                       -

Amortization of prior service costs, gains or

losses and net transition asset

           (1,612)

             (1,421)

                    65

                    41

Net periodic benefit cost 

 

 

   $         (610)

 

   $           (408)

 

   $             (55)

 

   $              (87)

Pension

Other Post-Retirement

Benefits for Nine Months

Benefits for Nine Months

Ended September 30

Ended September 30

 

 

 

 

 

 

 

 

2011

 

2010

 

2011

 

2010

Service cost

   $      (2,521)

   $        (2,486)

   $             (41)

   $              (57)

Interest cost

           (9,768)

             (9,804)

                (296)

                 (350)

Expected return on plan assets

           15,336

             15,397

                       -

                       -

Amortization of prior service costs, gains or

losses and net transition asset

           (4,769)

             (3,603)

                  198

                    59

Net periodic benefit cost

 

 

   $      (1,722)

 

   $           (496)

 

   $           (139)

 

   $            (348)

We contributed $167,000 to our pension plans for continuing operations in 2010 and expect to contribute a similar amount in 2011.  We fund our other post-retirement benefits (life insurance and health benefits) on a claims-made basis, which were $311,000 for the year ended December 31, 2010.