Pension

6 Months Ended

Jun. 30, 2023

Pension [Abstract]

Pension

Pension

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

	For the Three Months Ended June 30				For the Six Months Ended June 30
(In thousands)	2023		2022		2023		2022
Service cost	$	116	$	131	$	232	$	263
Interest cost on projected benefit obligation	1,157		665		2,315		1,330
Expected return on plan assets	(1,001)		(1,125)		(2,002)		(2,251)
Amortization of prior service cost	(68)		(67)		(135)		(135)
Amortization of unrecognized net loss	427		497		854		995
Net periodic pension cost	$	631	$	101	$	1,264	$	202

All benefits accrued under the Company’s defined benefit pension plan have been frozen since January 1, 2011. During the first six months of 2023, 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.