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Employee Benefit Plans
3 Months Ended
Mar. 31, 2018
Retirement Benefits [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
 
Net periodic cost (benefit) of the Defined Benefit Pension, Post-Retirement Medical, and Supplemental Executive Retirement plans included in general insurance expenses in the accompanying condensed consolidated statements of income includes the following components:
 
Three Months Ended March 31,
 
Defined Benefit 
Pension Plan
 
Post-Retirement 
Medical Plan
 
Supplemental Executive
Retirement Plan
 
Total
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Components of net periodic cost (benefit):
 

 
 

 
 

 
 

 
 

 
 

 
 
 
 
Service cost
$

 
$
(2,067
)
 
$
376

 
$
357

 
$

 
$
(4
)
 
$
376

 
$
(1,714
)
Interest cost
5,709

 
6,121

 
172

 
188

 
339

 
405

 
6,220

 
6,714

Expected return on plan assets
(5,331
)
 
(5,118
)
 

 

 

 

 
(5,331
)
 
(5,118
)
Amortization of unrecognized prior service costs (benefits)

 

 
(69
)
 
(52
)
 
81

 
125

 
12

 
73

Amortization of losses (gains) from earlier periods
584

 
2,199

 
(5
)
 
(113
)
 
(11
)
 
(13
)
 
568

 
2,073

Net periodic cost (benefit)
$
962

 
$
1,135

 
$
474

 
$
380

 
$
409

 
$
513

 
$
1,845

 
$
2,028

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

The Company expects to make payments of approximately $329 with respect to its Post-Retirement Medical Plan and $2,398 with respect to its Supplemental Executive Retirement Plan during the year ended December 31, 2018.  The Company does not expect to make contributions to its Defined Benefit Pension Plan during the year ended December 31, 2018.  A December 31 measurement date is used for the employee benefit plans.
 
The following table summarizes payments made to the Post-Retirement Medical Plan and the Supplemental Executive Retirement Plan:
 
 
Three Months Ended March 31,
 
 
2018
 
2017
Payments to the Post-Retirement Medical Plan
 
$
82

 
$
169

Payments to the Supplemental Executive Retirement Plan
 
599

 
834