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Pension and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Summary of Net Periodic Benefit Cost
The following table summarizes the components of net periodic benefit cost:
 
Three months ended September 30,
  
Webster Pension
Webster SERP
Other Benefits
(In thousands)
2014
2013
2014
2013
2014
2013
Service cost
$
10

$
10

$

$

$

$

Interest cost on projected benefit obligations
2,046

1,841

89

72

36

30

Expected return on plan assets
(2,871
)
(2,779
)




Amortization of prior service cost




18

18

Recognized net loss
711

1,590

55

32

4

7

Net periodic benefit cost (income)
$
(104
)
$
662

$
144

$
104

$
58

$
55


 
Nine months ended September 30,
  
Webster Pension
Webster SERP
Other Benefits
(In thousands)
2014
2013
2014
2013
2014
2013
Service cost
$
30

$
30

$

$

$

$

Interest cost on benefit obligations
6,051

5,524

273

217

104

90

Expected return on plan assets
(8,621
)
(8,336
)




Amortization of prior service cost




55

54

Recognized net loss
2,086

4,767

101

94

4

21

Net periodic benefit cost (income)
$
(454
)
$
1,985

$
374

$
311

$
163

$
165

Schedule of Multiemployer Plans
The following table sets forth contributions and funding status of the Fund:
(In thousands)
Contributions by Webster  Bank
Three Months Ended September 30,
 
Contributions by Webster  Bank
Nine Months Ended September 30,
 
Funded Status of Plan
EIN/Pension Plan Number
2014
2013
 
2014
2013
 
As of July 1, 2013
13-5645888/333
$

$
60

 
$
674

$
534

 
At least 80 percent