Pension

9 Months Ended

Sep. 30, 2020

Pension [Abstract]

Pension

Pension

The amount of net pension cost is shown in the table below:

	For the Three Months Ended September 30				For the Nine Months Ended September 30
(In thousands)	2020		2019		2020		2019
Service cost - benefits earned during the period	$	93	$	159	$	295	$	477
Interest cost on projected benefit obligation	818		1,065		2,463		3,195
Expected return on plan assets	(1,317)		(1,196)		(3,911)		(3,589)
Amortization of prior service cost	(67)		(68)		(203)		(203)
Amortization of unrecognized net loss	503		586		1,587		1,757
Net periodic pension cost	$	30	$	546	$	231	$	1,637

All benefits accrued under the Company’s defined benefit pension plan have been frozen since January 1, 2011. During the first nine months of 2020, the Company made no funding contributions to its defined benefit pension plan and made minimal funding contributions to a supplemental executive retirement plan (the CERP), which carries no segregated assets.