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Pension and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2021
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)

    

2021

    

2020

    

2021

    

2020

Employee Pension Plan:

 

  

 

  

 

  

 

  

Interest cost

$

128

$

163

$

256

$

326

Amortization of actuarial loss

 

122

 

111

 

244

 

222

Expected return on plan assets

 

(274)

 

(257)

 

(548)

 

(514)

Net employee pension (benefit) expense

$

(24)

$

17

$

(48)

$

34

Outside Director Pension Plan:

 

  

 

  

 

  

 

  

Service cost

$

4

$

3

$

8

$

7

Interest cost

 

12

 

16

 

24

 

32

Amortization of actuarial gain

 

(5)

 

(13)

 

(10)

 

(27)

Amortization of past service liability

 

 

 

 

Net outside director pension expense

$

11

$

6

$

22

$

12

Other Postretirement Benefit Plans:

 

  

 

  

 

  

 

  

Service cost

$

73

$

68

$

146

$

137

Interest cost

 

58

 

65

 

116

 

130

Amortization of actuarial gain

 

16

 

 

16

 

Amortization of past service credit

 

(21)

 

(23)

 

(43)

 

(43)

Net other postretirement expense

$

126

$

110

$

235

$

224