Compensation Related Costs, Retirement Benefits

3 Months Ended

Jun. 30, 2011

Compensation Related Costs, Retirement Benefits

Pension and Other Postretirement Benefits Disclosure [Text Block]

.   Retirement Plans (In Thousands)

The following table provides the components of net periodic benefit costs for the three months ended June 30:

	Pension Benefits		Postretirement Benefits
	2011	2010	2011	2010
Service Cost	$395	$282	$  40	$ 36
Interest Cost	431	438	67	105
Expected Return on Plan Assets	(746)	(468)	---	---
Accretion of Prior Service Credit	(3)	(19)	(28)	(24)
Amortization of Net Loss	233	235	23	17
Net Periodic Benefit Cost	$310	$468	$102	$134

The following table provides the components of net periodic benefit costs for the six months ended June 30:

	Pension Benefits		Postretirement Benefits
	2011	2010	2011	2010
Service Cost	$  715	$  565	$ 80	$ 73
Interest Cost	910	875	182	223
Expected Return on Plan Assets	(1,390)	(1,055)	---	---
Accretion of Prior Service Credit	(6)	(38)	(57)	(48)
Amortization of Net Loss	465	471	47	34
Net Periodic Benefit Cost	$  694	$  818	$252	$282

We contributed $1.5 million to our qualified pension plan in both 2011 and 2010, although we were not required to make any contribution in either year.  The expected 2011 contribution for the nonqualified plan is $396.  Arrow makes contributions for its postretirement benefits in an amount equal to actual expenses for the year.  The expected contribution is estimated to be $344 for 2011.