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Pension and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2020
Notes Tables  
Schedule of net expense for the pension and other postretirement benefit plans

 

Three months ended

 

Six months ended

 

June 30, 

 

June 30, 

(In thousands)

    

2020

    

2019

    

2020

    

2019

Employee Pension Plan:

 

  

 

  

 

  

 

  

Interest cost

$

163

$

199

$

326

$

398

Amortization of actuarial loss

 

111

 

66

 

222

 

133

Expected return on plan assets

 

(257)

 

(272)

 

(514)

 

(544)

Net employee pension expense (benefit)

$

17

$

(7)

$

34

$

(13)

Outside Director Pension Plan:

 

  

 

  

 

  

 

  

Service cost

$

3

$

10

$

7

$

20

Interest cost

 

16

 

21

 

32

 

42

Amortization of actuarial gain

 

(13)

 

(35)

 

(27)

 

(70)

Amortization of past service liability

 

 

 

 

Net outside director pension expense (benefit)

$

6

$

(4)

$

12

$

(8)

Other Postretirement Benefit Plans:

 

  

 

  

 

  

 

  

Service cost

$

68

$

70

$

137

$

140

Interest cost

 

65

 

85

 

130

 

170

Amortization of past service credit

 

(23)

 

(20)

 

(43)

 

(42)

Net other postretirement expense

$

110

$

135

$

224

$

268