Pensions And Postretirement Benefits

6 Months Ended

Jun. 30, 2014

Pensions And Postretirement Benefits [Abstract]

Pensions And Postretirement Benefits

NOTE 9 – PENSIONS AND POSTRETIREMENT BENEFITS

ETSWDC sponsors a non-contributory defined benefit pension plan and a contributory postretirement benefit plan covering substantially all its employees.

The components of net periodic benefit costs are reflected in our consolidated statements of operationsin the “Disposal and related operating expense” caption as follows:

	Three Months Ended				Six Months Ended
	June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013
Qualified Pension Plan							$	-
Interest cost	$	257		-	$	514		-
Service cost		62		-		124		-
Expected return on plan assets		(337)		-		(674)		-
Net periodic pension cost (income)	$	(18)	$	-	$	(36)	$	-
Postretirement Benefits							$	-
Interest cost	$	43		-	$	86		-
Service cost		9		-		18		-
Expected return on plan assets		(24)		-		(48)		-
Amortization of (gain)/loss		(69)		-		(137)		-
Total postretirement benefit cost (income)	$	(41)	$	-	$	(81)	$	-