12.	RETIREMENT AND POSTRETIREMENT PLANS

The Holding Company or the Bank maintains the Retirement Plan of The Dime Savings Bank of Williamsburgh (the "Employee Retirement Plan"), the Retirement Plan for Board Members of Dime Community Bancorp, Inc. (the "Outside Director Retirement Plan"), the BMP, and the Postretirement Welfare Plan of The Dime Savings Bank of Williamsburgh (the "Postretirement Plan"). Net expenses associated with these plans were comprised of the following components:

	Three Months Ended September 30, 2014					Three Months Ended September 30, 2013
	BMP, Employee and Outside Director Retirement Plans			Postretirement Plan		BMP, Employee and Outside Director Retirement Plans			Postretirement Plan

Service cost	$	-		$	10	$	-		$	15
Interest cost		338			58		290			57
Expected return on assets		(444	)		-		(380	)		-
Amortization of unrealized loss		261			-		587			12
Net periodic cost	$	155		$	68	$	497		$	84

	Nine Months Ended September 30, 2014					Nine Months Ended September 30, 2013
	BMP, Employee and Outside Director Retirement Plans			Postretirement Plan		BMP, Employee and Outside Director Retirement Plans			Postretirement Plan

Service cost	$	-		$	30	$	-		$	45
Interest cost		1,014			174		868			170
Expected return on assets		(1,332	)		-		(1,139	)		-
Amortization of unrealized loss		783			-		1,762			36
Net periodic cost	$	465		$	204	$	1,491		$	251

The Company disclosed in its consolidated financial statements for the year ended December 31, 2013 that it expected to make contributions to, or benefit payments on behalf of, benefit plans during 2014 as follows: Employee Retirement Plan - $30, BMP - $538, Outside Director Retirement Plan - $190, and Postretirement Plan - $169. The Company made contributions of $10 to the Employee Retirement Plan during the nine months ended September 30, 2014, and expects to make the remainder of the estimated contributions during 2014. The Company made benefit payments of $136 on behalf of the Outside Director Retirement Plan during the nine months ended September 30, 2014, and expects to

make the remainder of the estimated net contributions or benefit payments during 2014. The Company made net benefit payments totaling $63 to the Postretirement Plan during the nine months ended September 30, 2014, and expects to make the remainder of the estimated contributions during 2014. The Company did not make any defined benefit contributions to, or benefit payments on behalf of, the BMP during the nine months ended September 30, 2014, and does not currently expect to make benefit payments on behalf of the BMP during 2014, since anticipated retirements that formed the basis for these expected benefit payments in 2014 are presently not expected to occur.