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Post Retirement Benefits
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2013 and 2012 are as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2013
 
2012
 
2013
 
2012
Pension expense:
 
 
 
 
 
 
 
Multi-employer plan contributions
$
112,000

 
$
125,000

 
$
327,000

 
$
344,000

Defined contribution plan contributions
147,000

 
115,000

 
432,000

 
426,000

Total pension expense
259,000

 
240,000

 
759,000

 
770,000

 
 
 
 
 
 
 
 
Health and life insurance:
 
 
 
 
 
 
 
Interest cost
83,000

 
91,000

 
249,000

 
273,000

Amortization of prior service costs
(124,000
)
 
(124,000
)
 
(372,000
)
 
(372,000
)
Amortization of net loss
51,000

 
40,000

 
151,000

 
119,000

Net periodic benefit cost
10,000

 
7,000

 
28,000

 
20,000

 
 
 
 
 
 
 
 
Total post retirement benefits expense
$
269,000

 
$
247,000

 
$
787,000

 
$
790,000


The Company made payments of $858,000 to pension plans and $436,000 for post retirement healthcare and life insurance during the nine months ended September 30, 2013. For the remainder of 2013, the Company expects to make approximately $149,000 of pension plan payments. The Company also expects to make approximately $145,000 of post retirement healthcare and life insurance payments for the remainder of 2013, all of which were accrued at September 30, 2013.