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Pension and Employee Benefit Plans
9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension and Employee Benefit Plans
12. Pension and Employee Benefit Plans

We sponsor several non-contributory defined benefit pension plans for certain union employees. All plans are funded in accordance with the funding requirements of the Employee Retirement Income Security Act of 1974.

We also sponsor a postretirement health care plan for office employees retired before January 1, 1990. The plan allowed retirees who attained the age of 65 to elect the type of coverage desired.

Retirement and health care plan expense is based on valuations performed by plan actuaries as of the beginning of each fiscal year. The components of the expense consisted of the following:

 

(Table only in thousands)    Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2015      2014      2015     2014  

Pension plan:

          

Service cost

   $ 58       $ 50       $ 175      $ 150   

Interest cost

     354         357         1,060        1,071   

Expected return on plan assets

     (502      (488      (1,507     (1,464

Amortization of net actuarial loss

     65         44         194        132   
  

 

 

    

 

 

    

 

 

   

 

 

 

Net periodic benefit gain

   $ (25    $ (37    $ (78   $ (111
  

 

 

    

 

 

    

 

 

   

 

 

 

Health care plan:

          

Interest cost

   $ 1       $ 1       $ 4      $ 3   

Amortization of loss (gain)

     2         (1      5        (3
  

 

 

    

 

 

    

 

 

   

 

 

 

Net periodic benefit cost (gain)

   $ 3       $ —         $ 9      $ —     
  

 

 

    

 

 

    

 

 

   

 

 

 

We made contributions to our defined benefit plans during the nine months ended September 30, 2015 and 2014 totaling $0.4 million and $1.4 million, respectively. We anticipate contributing $0.2 million to fund the pension plans and $25,000 for the retiree health care plan during the remainder of 2015. The unfunded liability of the plans of $10.7 million and $11.1 million as of September 30, 2015 and December 31, 2014, respectively, is included in Other Liabilities on our Condensed Consolidated Balance Sheets.