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Pension and Other Postretirement Benefit Plans
3 Months Ended
Mar. 31, 2015
Compensation And Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefit Plans

9. Pension and Other Postretirement Benefit Plans

We sponsor the Sabre Inc. Legacy Pension Plan which is a tax-qualified defined benefit pension plan for employees meeting certain eligibility requirements. We also provide retiree life insurance benefits to certain employees who retired prior to January 1, 2014. The following table provides the components of net periodic benefit costs associated with our pension and other postretirement benefit plans for the three months ended March 31, 2015 and 2014 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2015

 

 

2014

 

Pension and Other Postretirement Benefits:

 

 

 

Interest cost

 

$

4,750

 

 

$

4,902

 

Expected return on plan assets

 

 

(5,300

)

 

 

(6,025

)

Amortization of prior service credit

 

 

(358

)

 

 

(358

)

Amortization of actuarial loss, net

 

 

1,725

 

 

 

1,167

 

Net periodic cost (credit)

 

$

817

 

 

$

(314

)

 

We are not required to make any contributions to our defined benefit pension plans during 2015 under the Employee Retirement Income Security Act of 1974, as amended. We made no contributions to fund our defined benefit pension plans during the three months ended March 31, 2015 and 2014. We may, at our discretion, voluntarily contribute from zero to $10 million to our defined benefit pension plans during the remainder of 2015. Contributions to our defined benefit pension plans in the United States and Canada are based on several factors that may vary from year to year. Thus, past contributions are not always indicative of future contributions.