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Post Retirement Benefits
 3 Months Ended
Mar. 31, 2012
Compensation and Retirement Disclosure [Abstract]  
Post Retirement Benefits
Post Retirement Benefits
The components of expense for Core Molding Technologies’ post retirement benefit plans for the three months ended March 31, 2012 and 2011 are as follows:
 
Three Months Ended
 
March 31,
 
2012

 
2011
Pension expense:
 
 
 
Multi-employer plan contributions
$
112,000

 
$
94,000

Defined contribution plan contributions
174,000

 
166,000

Total pension expense
286,000

 
260,000

 
 
 
 
Health and life insurance:
 
 
 
Interest cost
91,000

 
133,000

Amortization of prior service costs
(124,000
)
 
(124,000
)
Amortization of net loss
40,000

 
55,000

Net periodic benefit cost
7,000

 
64,000

 
 
 
 
Total post retirement benefits expense
$
293,000

 
$
324,000

The Company made payments of $188,000 to pension plans and $282,000 for post retirement healthcare and life insurance during the three months ended March 31, 2012. For the remainder of 2012 the Company expects to make approximately $604,000 of pension plan payments, of which $390,000 was accrued at March 31, 2012. The Company also expects to make approximately $720,000 of post retirement healthcare and life insurance payments for the remainder of 2012, all of which are accrued at March 31, 2012.