Pension and Other Postretirement Benefit Plans

The following table sets forth information regarding the components of net expense for the pension and other postretirement benefit plans.

	Three months ended September 30,						Nine months ended September 30,
(In thousands)	2017			2016			2017			2016

Employee Pension Plan:
Interest cost	$	216		$	226		$	648		$	678
Amortization of unrecognized loss		174			201			523			604
Expected return on plan assets		(348	)		(348	)		(1,044	)		(1,044	)
Net employee pension expense	$	42		$	79		$	127		$	238

Outside Director Pension Plan:
Service cost	$	10		$	11		$	30		$	33
Interest cost		23			24			69			72
Amortization of unrecognized gain		(23	)		(21	)		(69	)		(65	)
Amortization of past service liability		10			9			30			30
Net outside director pension expense	$	20		$	23		$	60		$	70

Other Postretirement Benefit Plans:
Service cost	$	79		$	90		$	237		$	270
Interest cost		76			80			228			240
Amortization of unrecognized loss		-			12			-			36
Amortization of past service credit		(21	)		(22	)		(64	)		(64	)
Net other postretirement expense	$	134		$	160		$	401		$	482

The Company previously disclosed in its Consolidated Financial Statements for the year ended

December 31, 2016

that it expects to contribute

$0.3

million and

$0.2

million to the Outside Director Pension Plan (the “Outside Director Pension Plan”) and the other postretirement benefit plans (the “Other Postretirement Benefit Plans”), respectively, during the year ending

December 31, 2017.

The Company does

not

expect to make a contribution to the Employee Pension Plan (the “Employee Pension Plan”). As of

September 30, 2017,

the Company has contributed

$108,000

to the Outside Director Pension Plan and

$60,000

in contributions were made to the Other Postretirement Benefit Plans. As of

September 30, 2017,

the Company has

not

revised its expected contributions for the year ending

December 31, 2017.