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Pension and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2023
Notes Tables  
Schedule of net expense for the pension and other postretirement benefit plans

 

Three months ended

 

Nine months ended

 

September 30, 

 

September 30, 

(In thousands)

    

2023

    

2022

    

2023

    

2022

Employee Pension Plan:

 

  

 

  

 

  

 

  

Interest cost

$

203

$

138

$

609

$

414

Amortization of unrecognized loss

 

 

1

 

 

3

Expected return on plan assets

 

(278)

 

(257)

 

(832)

 

(772)

Net employee pension benefit (1)

$

(75)

$

(118)

$

(223)

$

(355)

Outside Director Pension Plan:

 

  

 

  

 

  

 

  

Service cost

$

2

$

3

$

6

$

9

Interest cost

 

15

 

11

 

44

 

34

Amortization of unrecognized gain

 

(40)

 

(7)

 

(120)

 

(21)

Net outside director pension (benefit) expense (2)

$

(23)

$

7

$

(70)

$

22

Other Postretirement Benefit Plans:

 

  

 

  

 

  

 

  

Service cost

$

40

$

67

$

120

$

201

Interest cost

 

95

 

70

 

286

 

209

Amortization of unrecognized gain

(60)

(180)

Amortization of past service credit

 

 

(7)

 

 

(21)

Net other postretirement expense (1)

$

75

$

130

$

226

$

389