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Pension and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2020
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)

    

2020

    

2019

    

2020

    

2019

Employee Pension Plan:

 

  

 

  

 

  

 

  

Interest cost

$

163

$

199

$

489

$

597

Amortization of actuarial loss

 

111

 

68

 

333

 

201

Expected return on plan assets

 

(257)

 

(272)

 

(771)

 

(816)

Net employee pension expense (benefit)

$

17

$

(5)

$

51

$

(18)

Outside Director Pension Plan:

 

  

 

  

 

  

 

  

Service cost

$

4

$

10

$

11

$

30

Interest cost

 

16

 

21

 

48

 

63

Amortization of actuarial gain

 

(14)

 

(35)

 

(41)

 

(105)

Amortization of past service liability

 

 

 

 

Net outside director pension expense (benefit)

$

6

$

(4)

$

18

$

(12)

Other Postretirement Benefit Plans:

 

  

 

  

 

  

 

  

Service cost

$

69

$

70

$

206

$

210

Interest cost

 

64

 

85

 

194

 

255

Amortization of past service credit

 

(21)

 

(22)

 

(64)

 

(64)

Net other postretirement expense

$

112

$

133

$

336

$

401