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Retirement Plans
6 Months Ended
Jun. 30, 2016
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, 2016 and 2015.
 
 
 
 
Select
 
 
 
 
Employees'
 
Executive
 
Postretirement
 
 
Pension
 
Retirement
 
Benefit
 
 
Plan
 
Plan
 
Plans
Net Periodic Benefit Cost
 
 
 
 
 
 
For the Three Months Ended June 30, 2016:
 
 
 
 
 
 
Service Cost
 
$
376

 
$
8

 
$
63

Interest Cost
 
424

 
48

 
15

Expected Return on Plan Assets
 
(828
)
 

 

Amortization of Prior Service (Credit) Cost
 
(15
)
 
14

 
(3
)
Amortization of Net Loss
 
138

 
28

 

Net Periodic Benefit Cost
 
$
95

 
$
98

 
$
75

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
112

 
$
72

 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
Net Periodic Benefit Cost
 
 
 
 
 
 
For the Six Months Ended June 30, 2016:
 
 
 
 
 
 
Service Cost
 
$
752

 
$
16

 
$
125

Interest Cost
 
844

 
106

 
96

Expected Return on Plan Assets
 
(1,656
)
 

 

Amortization of Prior Service Cost (Credit)
 
(30
)
 
29

 
(6
)
Amortization of Net Loss
 
278

 
56

 

Net Periodic Benefit Cost
 
$
188

 
$
207

 
$
215

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
219

 
$
150

 
 
 
 
 
 
 
Estimated Future Contributions in the Current Fiscal Year
 
$

 
$
224

 
$
144

 
 
 
 
 
 
 
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 (Credit) Cost
 
(42
)
 
29

 
(16
)
Amortization of Net Loss
 
278

 
61

 
48

Net Periodic Benefit Cost
 
$
128

 
$
216

 
$
336

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
274

 
$
125


We were not required to make a contribution to our qualified pension plan in 2016, and currently, we do not expect to make additional contributions in 2016. Arrow makes contributions to its other post-retirement benefit plans in an amount equal to benefit payments for the year.