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SUBSEQUENT EVENT
3 Months Ended
Nov. 07, 2020
SUBSEQUENT EVENT.  
SUBSEQUENT EVENT

10.

SUBSEQUENT EVENT

During the fourth quarter of 2020, the Company’s associates ratified an agreement with certain UFCW local unions to withdraw from the UFCW International Union-Industry Pension Fund (“National Fund”).  Due to the ratification of the agreement, the Company expects to incur in the fourth quarter of 2020 a withdrawal liability charge of $962, on a pre-tax basis, to fulfill obligations for past service for associates and retirees in the National Fund. The Company also expects to make a $27 contribution to a transition reserve in the new variable annuity pension plan. On an after-tax basis, the withdrawal liability and contribution to the transition reserve total approximately $760. This withdrawal liability will be satisfied by payments to the National Fund over the next three years.