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Post Retirement Benefits | 9 Months Ended
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Sep. 30, 2019
Retirement Benefits [Abstract] |
Post Retirement Benefits | The components of expense for Core Molding Technologies’ post-retirement benefit plans for the three and nine months ended September 30, 2019 and 2018 are as follows:
| Three months ended |  | Nine months ended
| September 30, |  | September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Pension expense: |  |  |  |  |  |  |
Multi-employer plan | $ | 270,000 |  |  | $ | 186,000 |  |  | $ | 732,000 |  |  | $ | 549,000 |
Defined contribution plan | 364,000 |  |  | 182,000 |  |  | 950,000 |  |  | 698,000 |
Total pension expense | 634,000 |  |  | 368,000 |  |  | 1,682,000 |  |  | 1,247,000 |
Health and life insurance: |  |  |  |  |  |  |
Interest cost | 72,000 |  |  | 69,000 |  |  | 216,000 |  |  | 207,000 |
Amortization of prior service costs | (125,000 | ) |  | (124,000 | ) |  | (375,000 | ) |  | (372,000 | )
Amortization of net loss | 30,000 |  |  | 43,000 |  |  | 88,000 |  |  | 129,000 |
Net periodic benefit cost | (23,000 | ) |  | (12,000 | ) |  | (71,000 | ) |  | (36,000 | )
Total post retirement benefits expense | $ | 611,000 |  |  | $ | 356,000 |  |  | $ | 1,611,000 |  |  | $ | 1,211,000 |
The Company made payments of $1,682,000 to pension plans and $224,000 for post-retirement healthcare and life insurance during the nine months ended September 30, 2019. For the remainder of 2019, the Company expects to make approximately $394,000 of pension plan payments, of which $150,000 was accrued at September 30, 2019. The Company also expects to make approximately $933,000 of post-retirement healthcare and life insurance payments for the remainder of 2019, all of which were accrued at September 30, 2019.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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