BENEFIT PLANS

The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):



	Nine Months Ended September 30, 2014			Year Ended December 2013
Change in Projected Benefit Obligation
Projected benefit obligation, beginning of period	$	20,032		$	19,761
Service cost	613			925
Interest cost	701			829
Actuarial gain	—			(1,229		)
Benefits paid	(219		)	(254		)
Projected benefit obligation, end of period	$	21,127		$	20,032
Change in Plan Assets
Plan assets at fair value, beginning of period	$	—		$	—
Company contributions	219			254
Benefits paid	(219		)	(254		)
Plan assets at fair value, end of period	$	—		$	—
Unfunded Status of the Plan	$	(21,127	)	$	(20,032	)



	Three Months Ended				Nine Months Ended
	September 30, 2014		September 30, 2013		September 30, 2014		September 30, 2013
Components of Net Periodic Benefit Cost
Service cost	$	307	$	232	$	613	$	694
Interest cost	351		207		701		622
Net loss	31		66		95		197
Net periodic pension cost	$	689	$	505	$	1,409	$	1,513

The long-term portion of the pension liability as of September 30, 2014 and December 31, 2013 was $20.9 million and $19.9 million, respectively, and is included in Other Non-Current Liabilities in the accompanying consolidated balance sheets.