PENSION PLANS

The Company sponsors four defined benefit pension plans. Net periodic pension cost for the four plans includes the following components:



	13 Weeks Ended						39 Weeks Ended
	April 23, 2016			April 25, 2015			April 23, 2016			April 25, 2015
Service cost	$	774		$	910		$	2,982		$	2,730
Interest cost on projected benefit obligations	770			764			2,424			2,292
Expected return on plan assets	(927		)	(928		)	(2,807		)	(2,784		)
Amortization of net losses	399			324			1,363			972
Net periodic pension cost	$	1,016		$	1,070		$	3,962		$	3,210

On February 15, 2016, the Company amended the Village Super Market Employees Retirement Plan, which covers non-union employees and pharmacists, to freeze all benefits effective March 31, 2016. As a result of this amendment, the Company recognized a pre-tax curtailment gain totaling $18,796 which was partially offset by a pre-tax remeasurement adjustment totaling $7,428 in accumulated other comprehensive loss during the third quarter ended April 23, 2016. The remeasurement had no impact on the consolidated statements of operations. Assumptions used in the remeasurement include a discount rate of 3.78%% and long-term expected rate of return on plan assets of 7.50%%.

As of April 23, 2016, the Company has not made contributions to its pension plans in fiscal 2016. The Company expects to contribute approximately $3,000 during fiscal 2016 to fund its pension plans.