Retirement Plans

6 Months Ended

Jun. 30, 2015

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-month period ended June 30:

				Select
	Employees'			Executive		Postretirement
	Pension			Retirement		Benefit
	Plan			Plan		Plans
Net Periodic Benefit Cost
For the Three Months Ended June 30, 2015:
Service Cost	$	353		$	3	$	43
Interest Cost	407			71		159
Expected Return on Plan Assets	(808		)	—		—
Amortization of Prior Service (Credit) Cost	(21		)	15		(8		)
Amortization of Net Loss	139			30		24
Net Periodic Benefit Cost	$	70		$	119	$	218
Plan Contributions During the Period	$	—		$	159	$	78
For the Three Months Ended June 30, 2014:
Service Cost	$	376		$	—	$	53
Interest Cost	268			48		62
Expected Return on Plan Assets	(723		)	—		—
Amortization of Prior Service (Credit) Cost	(11		)	18		(28		)
Amortization of Net Loss	86			22		6
Net Periodic Benefit Cost	$	(4	)	$	88	$	93
Plan Contributions During the Period	$	—		$	118	$	86
Net Periodic Benefit Cost
For the Six Months Ended June 30, 2015:
Service Cost	$	705		$	5	$	87
Interest Cost	802			121		217
Expected Return on Plan Assets	(1,615		)	—		—
Amortization of Prior Service Cost (Credit)	(42		)	29		(16		)
Amortization of Net Loss	278			61		48
Net Periodic Benefit Cost	$	128		$	216	$	336
Plan Contributions During the Period	$	—		$	274	$	125
Estimated Future Contributions in the Current Fiscal Year	$	—		$	548	$	250
For the Six Months Ended June 30, 2014:
Service Cost	$	753		$	—	$	106
Interest Cost	598			109		172
Expected Return on Plan Assets	(1,445		)	—		—
Amortization of Prior Service (Credit) Cost	(22		)	36		(57		)
Amortization of Net Loss	172			45		13
Net Periodic Benefit Cost	$	56		$	190	$	234
Plan Contributions During the Period	$	—		$	237	$	228

We are not required to make a contribution to our qualified pension plan in 2015, and currently, we do not expect to make a contribution in 2015. Arrow makes contributions to its other post-retirement benefit plans in an amount equal to benefit payments for the year.