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Post Retirement Benefits
 3 Months Ended
Mar. 31, 2013
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, 2013 and 2012 are as follows:
 
Three Months Ended
 
March 31,
 
2013
 
2012
Pension expense:
 
 
 
Multi-employer plan contributions
$
105,000

 
$
112,000

Defined contribution plan contributions
169,000

 
174,000

Total pension expense
274,000

 
286,000

 
 
 
 
Health and life insurance:
 
 
 
Interest cost
83,000

 
91,000

Amortization of prior service costs
(124,000
)
 
(124,000
)
Amortization of net loss
50,000

 
40,000

Net periodic benefit cost
9,000

 
7,000

 
 
 
 
Total post retirement benefits expense
$
283,000

 
$
293,000


The Company made payments of $167,000 to pension plans and $130,000 for post retirement healthcare and life insurance during the three months ended March 31, 2013. For the remainder of 2013 the Company expects to make approximately $873,000 of pension plan payments, of which $396,000 was accrued at March 31, 2013. The Company also expects to make approximately $922,000 of post retirement healthcare and life insurance payments for the remainder of 2013, all of which were accrued at March 31, 2013.