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PENSION PLANS AND OTHER POST RETIREMENT BENEFITS
 12 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
PENSION PLANS AND OTHER POST RETIREMENT BENEFITS PENSION PLANS AND OTHER POST RETIREMENT BENEFITS
The following table provides details of our defined benefit pension plans and long-term employee benefit obligations for Open Text Document Technologies GmbH (CDT), GXS GmbH (GXS GER), GXS Philippines, Inc. (GXS PHP) and other plans as of June 30, 2020 and June 30, 2019:
 
As of June 30, 2020
 
Total benefit
obligation
 
Current portion of
benefit obligation(1)
 
Non-current portion of
benefit obligation
CDT defined benefit plan
$
32,851

 
$
777

 
$
32,074

GXS GER defined benefit plan
24,105

 
943

 
23,162

GXS PHP defined benefit plan
10,270

 
115

 
10,155

Other plans
8,590

 
852

 
7,738

Total
$
75,816

 
$
2,687

 
$
73,129

 
 
As of June 30, 2019
 
Total benefit
obligation
 
Current portion of
benefit obligation(1)
 
Non-current portion of
benefit obligation
CDT defined benefit plan
$
35,836

 
$
675

 
$
35,161

GXS GER defined benefit plan
26,739

 
1,012

 
25,727

GXS PHP defined benefit plan
6,904

 
124

 
6,780

Other plans
8,052

 
481

 
7,571

Total
$
77,531

 
$
2,292

 
$
75,239

(1) The current portion of the benefit obligation has been included within "Accrued salaries and commissions", all within "Accounts payable and accrued liabilities" in the Consolidated Balance Sheets (see note 10 "Accounts Payable and Accrued Liabilities").
Defined Benefit Plans
CDT Plan
CDT sponsors an unfunded defined benefit pension plan covering substantially all CDT employees (CDT plan) which provides for old age, disability and survivors’ benefits. Benefits under the CDT plan are generally based on age at retirement, years of service and the employee’s annual earnings. The net periodic cost of this pension plan is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs. No contributions have been made since the inception of the plan. Actuarial gains or losses in excess of 10% of the projected benefit obligation are being amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan's active employees. As of June 30, 2020, there is $0.7 million in accumulated other comprehensive income related to the CDT plan that is expected to be recognized as a component of net periodic benefit costs over the next fiscal year.
GXS GER Plan
As part of our acquisition of GXS Group, Inc. (GXS) in Fiscal 2014, we assumed an unfunded defined benefit pension plan covering certain German employees which provides for old age, disability and survivors' benefits. The GXS GER plan has been closed to new participants since 2006. Benefits under the GXS GER plan are generally based on a participant’s remuneration, date of hire, years of eligible service and age at retirement. The net periodic cost of this pension plan is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs. No contributions have been made since the inception of the plan. Actuarial gains or losses in excess of 10% of the projected benefit obligation are being amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan’s active employees. As of June 30, 2020, there is $0.1 million in accumulated other comprehensive income related to the GXS GER plan that is expected to be recognized as a component of net periodic benefit costs over the next fiscal year.
GXS PHP Plan
As part of our acquisition of GXS in Fiscal 2014, we assumed a primarily unfunded defined benefit pension plan covering substantially all of the GXS Philippines employees which provides for retirement, disability and survivors' benefits. Benefits under the GXS PHP plan are generally based on a participant’s remuneration, years of eligible service and age at retirement. The net periodic cost of this pension plan is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs. Aside from an initial contribution which has a fair value of $0.04 million as of June 30, 2020, no additional contributions have been made since the inception of the plan. Actuarial gains or losses in excess of 10% of the projected benefit obligation are being amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan’s active employees. As of June 30, 2020, there is an immaterial amount in accumulated other comprehensive income related to the GXS PHP plan that is expected to be recognized as a component of net periodic benefit costs over the next fiscal year.
The following are the details of the change in the benefit obligation for each of the above mentioned pension plans for the periods indicated: 
 
As of June 30, 2020
 
As of June 30, 2019
 
CDT
 
GXS GER
 
GXS PHP
 
Total
 
CDT
 
GXS GER
 
GXS PHP
 
Total
Benefit obligation—beginning of fiscal year
$
35,836

 
$
26,739

 
$
6,904

 
$
69,479

 
$
32,651

 
$
25,382

 
$
3,853

 
$
61,886

Service cost
572

 
319

 
1,247

 
2,138

 
550

 
566

 
771

 
1,887

Interest cost
459

 
337

 
368

 
1,164

 
642

 
489

 
300

 
1,431

Benefits paid
(644
)
 
(926
)
 
(792
)
 
(2,362
)
 
(626
)
 
(996
)
 
(140
)
 
(1,762
)
Actuarial (gain) loss
(3,073
)
 
(2,083
)
 
2,333

 
(2,823
)
 
3,365

 
1,872

 
1,957

 
7,194

Foreign exchange (gain) loss
(299
)
 
(281
)
 
210

 
(370
)
 
(746
)
 
(574
)
 
163

 
(1,157
)
Benefit obligation—end of period
32,851

 
24,105

 
10,270

 
67,226

 
35,836

 
26,739

 
6,904

 
69,479

Less: Current portion
(777
)
 
(943
)
 
(115
)
 
(1,835
)
 
(675
)
 
(1,012
)
 
(124
)
 
(1,811
)
Non-current portion of benefit obligation
$
32,074

 
$
23,162

 
$
10,155

 
$
65,391

 
$
35,161

 
$
25,727

 
$
6,780

 
$
67,668



The following are details of net pension expense relating to the following pension plans:
 
Year Ended June 30,
 
2020
 
2019
 
2018
Pension expense:
CDT
 
GXS GER
 
GXS PHP
 
Total
 
CDT
 
GXS GER
 
GXS PHP
 
Total
 
CDT
 
GXS GER
 
GXS PHP
 
Total
Service cost
$
572

 
$
319

 
$
1,247

 
$
2,138

 
$
550

 
$
566

 
$
771

 
$
1,887

 
$
501

 
$
472

 
$
832

 
$
1,805

Interest cost
459

 
337

 
368

 
1,164

 
642

 
489

 
300

 
1,431

 
607

 
489

 
241

 
1,337

Amortization of actuarial (gains) and losses
939

 
244

 
(288
)
 
895

 
696

 
130

 
(562
)
 
264

 
541

 
72

 
(241
)
 
372

Net pension expense
$
1,970

 
$
900

 
$
1,327

 
$
4,197

 
$
1,888

 
$
1,185

 
$
509

 
$
3,582

 
$
1,649

 
$
1,033

 
$
832

 
$
3,514


Service-related net periodic pension costs are recorded within operating expense and all other non-service related net periodic pension costs are classified under "Other income (expense), net" on our Consolidated Statements of Income.
In determining the fair value of the pension plan benefit obligations as of June 30, 2020 and June 30, 2019, respectively, we used the following weighted-average key assumptions:
 
As of June 30, 2020
 
As of June 30, 2019
 
CDT
 
GXS GER
 
GXS PHP
 
CDT
 
GXS GER
 
GXS PHP
Assumptions:
 
 
 
 
 
 
 
 
 
 
 
Salary increases
1.75%
 
2.50%
 
6.50%
 
2.50%
 
2.50%
 
6.50%
Pension increases
1.50%
 
2.00%
 
N/A
 
2.00%
 
2.00%
 
N/A
Discount rate
1.46%
 
1.46%
 
3.50%
 
1.32%
 
1.32%
 
5.00%
Normal retirement age
65-67
 
65-67
 
60
 
65-67
 
65-67
 
60
Employee fluctuation rate:
 
 
 
 
 
 
 
 
 
 
 
to age 20
—%
 
—%
 
12.19%
 
—%
 
—%
 
12.19%
to age 25
—%
 
—%
 
16.58%
 
—%
 
—%
 
16.58%
to age 30
1.00%
 
—%
 
13.97%
 
1.00%
 
—%
 
13.97%
to age 35
0.50%
 
—%
 
10.77%
 
0.50%
 
—%
 
10.77%
to age 40
—%
 
—%
 
7.39%
 
—%
 
—%
 
7.39%
to age 45
0.50%
 
—%
 
3.28%
 
0.50%
 
—%
 
3.28%
to age 50
0.50%
 
—%
 
—%
 
0.50%
 
—%
 
—%
from age 51
1.00%
 
—%
 
—%
 
1.00%
 
—%
 
—%

Anticipated pension payments under the pension plans for the fiscal years indicated below are as follows:

Fiscal years ending June 30,

CDT

GXS GER

GXS PHP
2021
$
777


$
943


$
115

2022
839


971


403

2023
934


971


213

2024
1,037


978


282

2025
1,082

 
1,006

 
339

2026 to 2030
6,209


4,934


2,907

Total
$
10,878


$
9,803


$
4,259


Other Plans
Other plans include defined benefit pension plans that are offered by certain of our foreign subsidiaries. Many of these plans were assumed through our acquisitions or are required by local regulatory requirements. These other plans are primarily unfunded, with the aggregate projected benefit obligation included in our pension liability. The net periodic costs of these plans are determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs.