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RETIREMENT BENEFIT OBLIGATIONS (Tables)

9 Months Ended

Sep. 30, 2015

Key Weighted Average Assumptions used in Determining Benefit Plan Costs and Obligations

The following table includes the key weighted average assumptions used in determining the Company’s benefit plan costs and obligations:

		2015				2014
Used to Determine Plan Costs
Discount Rate			4.00	%			4.80	%
Rate of Compensation Increase			3.00	%			3.00	%
Expected Long-term rate of return on plan assets			8.00	%			8.00	%
Health Care Cost Trend Rate Assumed for Next Year			6.00	%			7.00	%
Ultimate Health Care Cost Trend Rate			4.00	%			4.00	%
Year that Ultimate Health Care Cost Trend Rate is reached			2018				2018

Components of Retirement Plan Costs

The following tables provide the components of the Company’s Retirement plan costs ($000’s):

		Pension Plan								PBOP Plan								SERP
Three Months Ended September 30,		2015				2014				2015				2014				2015				2014
Service Cost		$	916			$	753			$	656			$	497			$	28			$	15
Interest Cost			1,343				1,273				729				671				78				68
Expected Return on Plan Assets			(1,694	)			(1,562	)			(273	)			(230	)			—				—
Prior Service Cost Amortization			54				52				420				421				2				2
Actuarial Loss Amortization			1,180				711				288				14				84				25
Sub-total			1,799				1,227				1,820				1,373				192				110
Amounts Capitalized and Deferred			(927	)			(556	)			(921	)			(632	)			—				—
Net Periodic Benefit Cost Recognized		$	872			$	671			$	899			$	741			$	192			$	110
		Pension Plan								PBOP Plan								SERP
Nine Months Ended September 30,		2015				2014				2015				2014				2015				2014
Service Cost		$	2,748			$	2,255			$	1,968			$	1,491			$	84			$	43
Interest Cost			4,029				3,819				2,187				2,015				234				204
Expected Return on Plan Assets			(5,082	)			(4,684	)			(819	)			(690	)			—				—
Prior Service Cost Amortization			162				158				1,260				1,261				8				8
Actuarial Loss Amortization			3,540				2,135				864				42				252				75
Sub-total			5,397				3,683				5,460				4,119				578				330
Amounts Capitalized and Deferred			(2,510	)			(1,400	)			(2,563	)			(1,697	)			—				—
Net Periodic Benefit Cost Recognized		$	2,887			$	2,283			$	2,897			$	2,422			$	578			$	330

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

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



-Publisher FASB



-Name Accounting Standards Codification



-Topic 715



-SubTopic 20



-Section 50



-Paragraph 1



-Subparagraph (k)



-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

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X

- Definition

Tabular disclosure of the costs related to the various types of retirement plans including defined benefit pension plan cost, defined contribution plan cost, other postretirement benefit plan cost, and net periodic benefit cost.

+ References

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



-Publisher FASB



-Name Accounting Standards Codification



-Topic 715



-SubTopic 20



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

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