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EMPLOYEE RETIREMENT PLANS (Tables)
3 Months Ended
Mar. 31, 2018
Retirement Benefits [Abstract]  
Components of net periodic benefit cost
The components of net periodic benefit cost (income) for Employers Mutual’s pension and postretirement benefit plans is as follows:
 
 
Three months ended 
 March 31,
($ in thousands)
 
2018
 
2017
Pension plans:
 
 
 
 
Service cost
 
$
4,126

 
$
3,860

Interest cost
 
2,665

 
2,795

Expected return on plan assets
 
(5,978
)
 
(5,191
)
Amortization of net actuarial loss
 
125

 
908

Amortization of prior service cost
 

 
5

Net periodic pension benefit cost
 
$
938

 
$
2,377

 
 
 
 
 
Postretirement benefit plans:
 
 
 
 
Service cost
 
$
368

 
$
341

Interest cost
 
521

 
570

Expected return on plan assets
 
(1,204
)
 
(1,078
)
Amortization of net actuarial loss
 
234

 
343

Amortization of prior service credit
 
(2,782
)
 
(2,789
)
Net periodic postretirement benefit income
 
$
(2,863
)
 
$
(2,613
)