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Defined Benefit Plans

3 Months Ended

Mar. 31, 2014

Compensation and Retirement Disclosure [Abstract]

Defined Benefit Plans

Defined Benefit Plans

The components of the combined net periodic expense (benefit) for the Corporation’s defined benefit pension plans were as follows:

	Three Months Ended   March 31,
	2014				2013
Expected return on plan assets, net of expenses	$	(3,129	)		$	(2,772	)
Interest cost on projected benefit obligation	2,001				1,835
Net amortization and deferral	672				1,640
Net periodic expense (benefit)	$	(456	)		$	703

The Corporation’s non-qualified defined benefit pension plan is not funded. No contributions to the qualified defined benefit pension plan were made during the three months ended March 31, 2014. The Corporation does not expect to make any contributions to the qualified defined benefit plan during the remainder of 2014.

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- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-URI http://asc.fasb.org/topic&trid=2235017

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