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MULTI-EMPLOYER WITHDRAWAL LIABILITY (Tables)
12 Months Ended
Dec. 31, 2018
MULTI-EMPLOYER WITHDRAWAL LIABILITY  
Schedule of future estimated annual payments to the mulit-employer pension plan

Future estimated annual payments to be paid to the ILA-PRSSA pension fund as of December 31, 2018 were as follows:

 

 

 

 

 

Year (in millions)

 

Total

2019

 

$

4.1

2020

 

 

4.1

2021

 

 

4.1

2022

 

 

4.1

2023

 

 

4.1

Thereafter

 

 

68.0

Total remaining future undiscounted payments due to the ILA-PRSSA pension fund

 

 

88.5

Less: amount representing interest

 

 

(27.8)

 Present value of multi-employer withdrawal liability

 

 

60.7

Current portion of multi-employer withdrawal liability (see Note 2)

 

 

(4.1)

Long-term portion of multi-employer withdrawal liability (see Note 2)

 

$

56.6