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Pension and Other Postretirement Benefit Plans | 9 Months Ended
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Jul. 02, 2021
Retirement Benefits [Abstract] |
Pension and Other Postretirement Benefit Plans | Pension and Other Postretirement Benefit Plans The following table presents the components of net periodic pension benefit recognized in earnings during the three and nine months ended July 2, 2021 and June 26, 2020 (in thousands):
| Three Months Ended |  | Nine Months Ended
| July 2, 2021 |  | June 26, 2020 |  | July 2, 2021 |  | June 26, 2020
Component: |  |  |  |  |  |  |
Service cost | $ | 1,735 |  |  | $ | 1,464 |  |  | $ | 5,206 |  |  | $ | 4,394 |
Interest cost | 11,785 |  |  | 13,030 |  |  | 35,354 |  |  | 39,092 |
Expected return on plan assets | (25,427) |  |  | (27,666) |  |  | (76,282) |  |  | (82,996) |
Amortization of previously unrecognized items | 4,032 |  |  | 3,109 |  |  | 12,095 |  |  | 9,329 |
Plan Amendment and settlement loss (gain) | — |  |  | — |  |  | — |  |  | 2,651 |
Total net periodic pension benefit recognized | $ | (7,875) |  |  | $ | (10,063) |  |  | $ | (23,627) |  |  | $ | (27,530) |
The service cost component of net periodic pension benefit is presented in the same line item as other compensation costs (direct cost of contracts and selling, general and administrative expenses) and the other components of net periodic pension expense are presented in miscellaneous income (expense), net on the Consolidated Statements of Earnings. In the first fiscal quarter of 2020, the Company incurred a settlement loss on one of its U.S. defined benefit plans of approximately $2.7 million. On March 2, 2021, Jacobs completed the strategic investment of a 65% interest in PA Consulting, a UK-based leading innovation and transformation consulting firm. PA Consulting has defined benefit plans that Jacobs now includes in our consolidated financial statements. See Note 15- PA Consulting Business Combination for more discussion on the investment and the related defined benefit plans. The following table presents certain information regarding the Company’s cash contributions to our pension plans for fiscal 2021 (in thousands):
Cash contributions made during the first nine months of fiscal 2021 | $ | 28,936 |
Cash contributions projected for the remainder of fiscal 2021 | 7,094 |
Total | $ | 36,030 |

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