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PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
 9 Months Ended
Sep. 30, 2014
General Discussion of Pension and Other Postretirement Benefits [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

The following tables are consolidated disclosures of all domestic and foreign defined pension plans as described in the Corporation’s 2013 Annual Report on Form 10-K.  The postretirement benefits information includes the domestic Curtiss-Wright Corporation, Williams, and EMD postretirement benefit plans, as there are no foreign postretirement benefit plans.

Pension Plans

The components of net periodic pension cost for the three and nine months ended September 30, 2014 and 2013 are as follows:

 
(In thousands)
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
6,227

 
$
8,449

 
$
18,969

 
$
30,167

Interest cost
7,799

 
7,163

 
22,895

 
20,679

Expected return on plan assets
(10,521
)
 
(9,306
)
 
(31,359
)
 
(27,067
)
Amortization of prior service cost
157

 
165

 
472

 
719

Amortization of unrecognized actuarial loss
2,147

 
3,560

 
5,113

 
11,767

Curtailments
—

 
(2,818
)
 
—

 
(107
)
Net periodic benefit cost
$
5,809

 
$
7,213

 
$
16,090

 
$
36,158



During the nine months ended September 30, 2014, the Corporation made $39.8 million in contributions to the Curtiss-Wright Pension Plan, and does not expect to make further contributions in 2014.  In addition, contributions of $3.1 million were made to the Corporation’s foreign benefit plans during the nine months ended September 30, 2014.  Contributions to the foreign benefit plans are expected to be $3.4 million in 2014.

Other Postretirement Benefit Plans

The components of the Corporation's net postretirement benefit cost for the three and nine months ended September 30, 2014 and 2013 are as follows:
 
(In thousands)
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
71

 
$
81

 
$
212

 
$
280

Interest cost
220

 
213

 
658

 
630

Amortization of prior service cost
(164
)
 
(158
)
 
(492
)
 
(472
)
Amortization of unrecognized actuarial gain
(203
)
 
(140
)
 
(608
)
 
(460
)
Net postretirement benefit cost (income)
$
(76
)
 
$
(4
)
 
$
(230
)
 
$
(22
)


During the nine months ended September 30, 2014, the Corporation paid $1 million to the postretirement plans.  During 2014, the Corporation anticipates contributing $1.7 million to the postretirement plans.

Defined Contribution Retirement Plan

Effective January 1, 2014, all non-union employees who are not currently receiving final or career average pay benefits became eligible to receive employer contributions in the Corporation's sponsored 401(k) plan. The employer contributions include both employer match and non-elective contribution components, up to a maximum employer contribution of 6% of eligible compensation.  The expense relating to the plan was $10.6 million for the nine months ended September 30, 2014.  The Corporation made $4.8 million in contributions to the plan during the nine months ended September 30, 2014, and expects to make total contributions of $7.0 million in 2014.