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Post Retirement Benefits
 6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Post Retirement Benefits
The components of expense for the Company's post-retirement benefit plans for the three and six months ended June 30, 2020 and 2019 are as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2020
 
2019
 
2020
 
2019
Pension expense:
 
 
 
 
 
 
 
Multi-employer plan
$
145,000

 
$
231,000

 
$
391,000

 
$
462,000

Defined contribution plan
215,000

 
324,000

 
508,000

 
586,000

Total pension expense
360,000

 
555,000

 
899,000

 
1,048,000

 
 
 
 
 
 
 
 
Health and life insurance:
 
 
 
 
 
 
 
Interest cost
59,000

 
72,000

 
118,000

 
144,000

Amortization of prior service costs
(124,000
)
 
(125,000
)
 
(248,000
)
 
(250,000
)
Amortization of net loss
45,000

 
29,000

 
90,000

 
58,000

Net periodic benefit cost
(20,000
)
 
(24,000
)
 
(40,000
)
 
(48,000
)
 
 
 
 
 
 
 
 
Total post retirement benefits expense
$
340,000

 
$
531,000

 
$
859,000

 
$
1,000,000



The Company made payments of $511,000 to pension plans and $91,000 for post-retirement healthcare and life insurance during the six months ended June 30, 2020. For the remainder of 2020, the Company expects to make approximately $1,385,000 of pension plan payments, of which $839,000 was accrued at June 30, 2020. The Company also expects to make approximately $1,142,000 of post-retirement healthcare and life insurance payments for the remainder of 2020, all of which were accrued at June 30, 2020.