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Retirement Plans
6 Months Ended
Jun. 30, 2013
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
RETIREMENT PLANS (Dollars in Thousands)

The following tables provide the components of net periodic benefit costs for the three and six-month periods ended June 30:

 
 
 
 
Select
 
 
 
 
Employees'
 
Executive
 
Postretirement
 
 
Pension
 
Retirement
 
Benefit
 
 
Plan
 
Plan
 
Plans
Net Periodic Benefit Cost
 
 
 
 
 
 
For the Three Months Ended June 30, 2013:
 
 
 
 
 
 
Service Cost
 
$
367

 
$
5

 
$
51

Interest Cost
 
276

 
10

 
69

Expected Return on Plan Assets
 
(716
)
 

 

Amortization of Prior Service Cost (Credit)
 
9

 
20

 
(29
)
Amortization of Net Loss
 
312

 
38

 
42

Net Periodic Benefit Cost
 
$
248

 
$
73

 
$
133

 
 
 
 
 
 
 
Plan Contributions During the Period
 

 
110

 
94

 
 
 
 
 
 
 
For the Three Months Ended June 30, 2012:
 
 
 
 
 
 
Service Cost
 
$
339

 
$
19

 
$
45

Interest Cost
 
534

 
51

 
93

Expected Return on Plan Assets
 
(755
)
 

 

Amortization of Prior Service (Credit) Cost
 
10

 
11

 
(29
)
Amortization of Net Loss
 
311

 
35

 
33

Net Periodic Benefit Cost
 
$
439

 
$
116

 
$
142

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
80

 
$
158

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Periodic Benefit Cost
 
 
 
 
 
 
For the Six Months Ended June 30, 2013:
 
 
 
 
 
 
Service Cost
 
$
734

 
$
27

 
$
102

Interest Cost
 
629

 
48

 
150

Expected Return on Plan Assets
 
(1,432
)
 

 

Amortization of Prior Service Cost (Credit)
 
18

 
40

 
(58
)
Amortization of Net Loss
 
624

 
76

 
83

Net Periodic Benefit Cost
 
$
573

 
$
191

 
$
277

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
221

 
$
175

 
 
 
 
 
 
 
Estimated Future Contributions in the Current Fiscal Year
 
$

 
$
221

 
$
175

 
 
 
 
 
 
 
For the Six Months Ended June 30, 2012:
 
 
 
 
 
 
Service Cost
 
$
679

 
$
38

 
$
90

Interest Cost
 
938

 
102

 
181

Expected Return on Plan Assets
 
(1,510
)
 

 

Amortization of Prior Service (Credit) Cost
 
20

 
22

 
(57
)
Amortization of Net Loss
 
621

 
70

 
66

Net Periodic Benefit Cost
 
$
748

 
$
232

 
$
280

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
160

 
$
231


We are not required to make a contribution to our qualified pension plan in 2013, and currently, we do not expect to make a contribution in 2013. Arrow makes contributions to its other post-retirement benefit plans in an amount equal to actual expenses for the year.