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Post Retirement Benefits
9 Months Ended
Sep. 30, 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
September 30,
Nine months ended
September 30,
2025202420252024
Pension expense:
Multi-employer plan
$85 $199 $333 $624 
Defined contribution plan
425 459 1,302 1,397 
Total pension expense510 658 1,635 2,021 
Health and life insurance:
Interest cost
29 23 89 69 
Amortization of prior service credits(124)(124)(372)(372)
Amortization of net gain(22)(37)(61)(111)
Net periodic benefit credit(117)(138)(344)(414)
Total post-retirement benefits expense$393 $520 $1,291 $1,607 
The Company made payments of $1,607,000 to pension plans and $98,000 for post-retirement healthcare and life insurance during the nine months ended September 30, 2025. For the remainder of 2025, the Company expects to make approximately $365,000 of pension plan payments, of which $123,000 was accrued at September 30, 2025. The Company also expects to make approximately $36,000 of post-retirement healthcare and life insurance payments for the remainder of 2025, all of which were accrued at September 30, 2025.