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Retirement Plans
3 Months Ended
Mar. 31, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Retirement Plans
RETIREMENT PLANS (Dollars in Thousands)

The following tables provide the components of net periodic benefit costs for the three-month periods ended March 31, 2017 and 2016.
 
 
 
 
Select
 
 
 
 
Employees'
 
Executive
 
Postretirement
 
 
Pension
 
Retirement
 
Benefit
 
 
Plan
 
Plan
 
Plans
Net Periodic Benefit Cost
 
 
 
 
 
 
For the Three Months Ended March 31, 2017:
 
 
 
 
 
 
Service Cost
 
$
350

 
$
10

 
$
37

Interest Cost
 
350

 
50

 
86

Expected Return on Plan Assets
 
(800
)
 

 

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

 
(3
)
Amortization of Net Loss
 
148

 
30

 

Net Periodic Benefit Cost
 
$
34

 
$
104

 
$
120

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
113

 
$
53

 
 
 
 
 
 
 
For the Three Months Ended March 31, 2016:
 
 
 
 
 
 
Service Cost
 
$
376

 
$
8

 
$
62

Interest Cost
 
420

 
58

 
80

Expected Return on Plan Assets
 
(826
)
 

 

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

 
(3
)
Amortization of Net Loss
 
138

 
28

 

Net Periodic Benefit Cost
 
$
94

 
$
108

 
$
139

 
 
 
 
 
 
 
Plan Contributions During the Period
 
$

 
$
107

 
$
78



We were not required to make a contribution to our qualified pension plan in 2017, and currently, we do not expect to make additional contributions in 2017. Arrow makes contributions to its other post-retirement benefit plans in an amount equal to benefit payments for the year.