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PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
9 Months Ended
Sep. 30, 2020
Retirement Benefits, Description [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS PENSION PLANS
Defined Benefit Pension Plans

The following table is a consolidated disclosure of all domestic and foreign defined pension plans as described in the Corporation’s 2019 Annual Report on Form 10-K.  

The components of net periodic pension cost for the three and nine months ended September 30, 2020 and 2019 were as follows:
Three Months EndedNine Months Ended
September 30,September 30,
(In thousands)2020201920202019
Service cost$6,285 $6,096 $19,507 $17,747 
Interest cost5,772 7,045 17,888 21,788 
Expected return on plan assets(16,602)(14,645)(50,394)(44,411)
Amortization of prior service cost178 170 36 29 
Amortization of unrecognized actuarial loss5,539 1,557 17,038 6,741 
Net periodic pension cost$1,172 $223 $4,075 $1,894 

During the nine months ended September 30, 2020, the Corporation made a $150 million voluntary contribution to the Curtiss-Wright Pension Plan. The Corporation does not expect to make any further contributions to the Curtiss-Wright Pension Plan in 2020. Contributions to the foreign benefit plans are not expected to be material in 2020.

Defined Contribution Retirement Plan

Effective January 1, 2014, all non-union employees who were 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 7% of eligible compensation. During the three and nine months ended September 30, 2020, the expense relating to the plan was $4.5 million and $14.8 million, respectively. During the three and nine months ended September 30, 2019, the expense relating to the plan was $4.2 million and $13.8 million, respectively. The Corporation made $16.5 million in contributions to the plan during the nine months ended September 30, 2020, and expects to make total contributions of $18.3 million in 2020.