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Post Retirement Benefits
3 Months Ended
Mar. 31, 2025
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,
20252024
Pension expense:
Multi-employer plan
$130 $214 
Defined contribution plan
466 506 
Total pension expense596 720 
Health and life insurance:
Interest cost
31 23 
Amortization of prior service credits(124)(124)
Amortization of net loss
(17)(37)
Net periodic benefit credit(110)(138)
Total post-retirement benefits expense$486 $582 
The Company made payments of $428,000 to pension plans and $33,000 for post-retirement healthcare and life insurance during the three months ended March 31, 2025. For the remainder of 2025, the Company expects to make approximately $2,014,000 of pension plan payments, of which $846,000 was accrued at March 31, 2025. The Company also expects to make approximately $110,000 of post-retirement healthcare and life insurance payments for the remainder of 2025, all of which were accrued at March 31, 2025.