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Pension and postretirement benefits (Tables)
3 Months Ended
Mar. 31, 2022
Employee benefits  
Components of Net Periodic Pension/Postretirement Benefit Cost

 

 

 

 

 

 

 

 

 

 

 

Pension Plans

 

OPEB Plan

 

 

Quarters ended March 31,

 

Quarters ended March 31,

(In thousands)

 

2022

 

2021

 

2022

 

2021

Personnel Cost:

 

 

 

 

 

 

 

 

Service cost

$

-

$

-

$

121

$

159

Other operating expenses:

 

 

 

 

 

 

 

 

Interest cost

 

4,800

 

3,998

 

983

 

893

Expected return on plan assets

 

(8,847)

 

(9,670)

 

-

 

-

Amortization of prior service cost/(credit)

 

-

 

-

 

-

 

-

Amortization of net loss

 

3,911

 

4,720

 

-

 

470

Total net periodic pension cost

$

(136)

$

(952)

$

1,104

$

1,522

Schedule of expected benefit payments

 

For the three months ended

For the year ending

(In thousands)

March 31, 2022

December 31, 2022

Pension Plans

$

57

$

227

OPEB Plan

$

1,645

$

5,971