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Post Retirement Benefits
6 Months Ended
Jun. 30, 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
June 30,
Six months ended
June 30,
2024202320242023
Pension expense:
Multi-employer plan
$211 $274 $425 $513 
Defined contribution plan
432 441 938 969 
Total pension expense643 715 1,363 1,482 
Health and life insurance:
Interest cost
23 67 46 132 
Amortization of prior service credits(124)(124)(248)(248)
Amortization of net loss
(37)(74)11 
Net periodic benefit credit(138)(52)(276)(105)
Total post-retirement benefits expense$505 $663 $1,087 $1,377 
The Company made payments of $1,655,000 to pension plans and $553,000 for post-retirement healthcare and life insurance during the six months ended June 30, 2024. For the remainder of 2024, the Company expects to make approximately $953,000 of pension plan payments, of which $104,000 was accrued at June 30, 2024. The Company also expects to make approximately $104,000 of post-retirement healthcare and life insurance payments for the remainder of 2024, all of which were accrued at June 30, 2024.