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Pension and other postretirement benefits | 9 Months Ended
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Sep. 29, 2013
Pension and other postretirement benefits | Note 13 — Pension and other postretirement benefits The Company has a number of defined benefit pension and postretirement plans covering eligible U.S. and non-U.S. employees. The defined benefit pension plans are noncontributory. The benefits under these plans are based primarily on years of service and employees’ pay near retirement. The Company’s funding policy for U.S. plans is to contribute annually, at a minimum, amounts required by applicable laws and regulations. Obligations under non-U.S. plans are systematically provided for by depositing funds with trustees or by book reserves. As of September 29, 2013, the Company’s U.S. defined benefit pension plans and the Company’s other postretirement benefit plans, except certain postretirement benefit plans covering employees subject to a collective bargaining agreement, are effectively frozen. The Company and certain of its subsidiaries provide medical, dental and life insurance benefits to pensioners and survivors. The associated plans are unfunded and approved claims are paid from Company funds. Net benefit cost of pension and postretirement benefit plans consisted of the following:
|  | Pension Three Months Ended |  |  | Postretirement Benefits Three Months Ended |  |  | Pension Nine Months Ended |  |  | Postretirement Benefits Nine Months Ended |
|  | September 29, 2013 |  |  | September 30, 2012 |  |  | September 29, 2013 |  |  | September 30, 2012 |  |  | September 29, 2013 |  |  | September 30, 2012 |  |  | September 29, 2013 |  |  | September 30, 2012 |
|  | (Dollars in thousands) |
Service cost |  | $ | 432 |  |  | $ | 696 |  |  | $ | 176 |  |  | $ | 159 |  |  | $ | 1,361 |  |  | $ | 2,085 |  |  | $ | 501 |  |  | $ | 475 |
Interest cost |  |  | 4,333 |  |  |  | 4,115 |  |  |  | 543 |  |  |  | 473 |  |  |  | 12,614 |  |  |  | 12,366 |  |  |  | 2,084 |  |  |  | 1,419 |
Expected return on Plan assets |  |  | (5,784 | ) |  |  | (5,043 | ) |  |  | — |  |  |  | — |  |  |  | (17,328 | ) |  |  | (15,128 | ) |  |  | — |  |  |  | — |
Net amortization and deferral |  |  | 1,556 |  |  |  | 1,604 |  |  |  | 137 |  |  |  | 123 |  |  |  | 4,380 |  |  |  | 4,814 |  |  |  | 1,069 |  |  |  | 368 |
Settlement charge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (124 | ) |  |  | — |  |  |  | — |
Curtailment charge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 111 |  |  |  | — |  |  |  | — |
Net benefit cost |  | $ | 537 |  |  | $ | 1,372 |  |  | $ | 856 |  |  | $ | 755 |  |  | $ | 1,027 |  |  | $ | 4,124 |  |  | $ | 3,654 |  |  | $ | 2,262 |
The Company’s pension contributions are expected to be approximately $17.5 million during 2013, of which $2.1 million and $15.7 million were made during the three and nine months ended September 29, 2013, respectively.

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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 + Details
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