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EMPLOYEE RETIREMENT PLANS (Tables)
3 Months Ended
Mar. 31, 2019
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)
 
2019
 
2018
Pension plans:
 
 
 
 
Service cost
 
$
4,071

 
$
4,126

Interest cost
 
2,949

 
2,665

Expected return on plan assets
 
(5,440
)
 
(5,978
)
Amortization of net actuarial loss
 
598

 
125

Net periodic pension benefit cost
 
$
2,178

 
$
938

 
 
 
 
 
Postretirement benefit plans:
 
 
 
 
Service cost
 
$
353

 
$
368

Interest cost
 
546

 
521

Expected return on plan assets
 
(1,095
)
 
(1,204
)
Amortization of net actuarial loss
 
245

 
234

Amortization of prior service credit
 
(2,285
)
 
(2,782
)
Net periodic postretirement benefit income
 
$
(2,236
)
 
$
(2,863
)