PENSION PLAN

3 Months Ended

Mar. 31, 2013

PENSION PLAN

PENSION PLAN

(13)  PENSION PLAN

The Partnership sponsors a defined benefit pension plan covering employees that are members of a union bargaining unit.  The Partnership’s funding policy is to contribute an amount to the plan sufficient to meet the minimum funding requirements set forth in the Employee Retirement Income Security Act of 1974.

COMPONENTS OF NET PERIODIC BENEFIT COST

	Pension Benefits
	Three Months Ended
	March 31,
	(in thousands)
	2013			2012
Service Cost	$	22		$	18
Interest Cost	13			12
Expected Return on Assets	(14		)	(12		)
Amortization of Unrecognized Prior Service Costs	2			2
Amortization of Unrecognized Loss	5			4
Net Periodic Pension Cost	$	28		$	24