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Post Retirement Benefits
3 Months Ended
Mar. 31, 2024
Retirement Benefits [Abstract]  
Post Retirement Benefits POST-RETIREMENT BENEFITS
The components of expense for the Company’s post-retirement benefit plans are as follows (in thousands):
Three months ended
March 31,
20242023
Pension expense:
Multi-employer plan
$214 $238 
Defined contribution plan
506 528 
Total pension expense720 766 
Health and life insurance:
Interest cost
23 66 
Amortization of prior service credits(124)(124)
Amortization of net loss
(37)
Net periodic benefit credit(138)(52)
Total post-retirement benefits expense$582 $714 
The Company made payments of $550,000 to pension plans and $131,000 for post-retirement healthcare and life insurance during the three months ended March 31, 2024. For the remainder of 2024, the Company expects to make approximately $1,803,000 of pension plan payments, of which $920,000 was accrued at March 31, 2024. The Company also expects to make approximately $167,000 of post-retirement healthcare and life insurance payments for the remainder of 2024, all of which were accrued at March 31, 2024.