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, 2015			Year Ended December 2014
Change in Projected Benefit Obligation
Projected benefit obligation, beginning of period	$	25,826		$	20,032
Service cost	860			821
Interest cost	812			935
Actuarial loss	—			4,324
Benefits paid	(356		)	(286		)
Projected benefit obligation, end of period	$	27,142		$	25,826
Change in Plan Assets
Plan assets at fair value, beginning of period	$	—		$	—
Company contributions	356			286
Benefits paid	(356		)	(286		)
Plan assets at fair value, end of period	$	—		$	—
Unfunded Status of the Plan	$	(27,142	)	$	(25,826	)



	Three Months Ended				Nine Months Ended
	September 30, 2015		September 30, 2014		September 30, 2015		September 30, 2014
Components of Net Periodic Benefit Cost
Service cost	$	293	$	307	$	860	$	613
Interest cost	271		351		812		701
Net loss	107		31		320		95
Net periodic pension cost	$	671	$	689	$	1,992	$	1,409

The long-term portion of the pension liability as of September 30, 2015 and December 31, 2014 was $26.8 million and $24.9 million, respectively, and is included in Other Non-Current Liabilities in the accompanying consolidated balance sheets.