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PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Tables)
6 Months Ended
Jun. 30, 2013
PENSIONS AND OTHER POSTRETIREMENT BENEFITS  
Components of Net Periodic Benefit Cost for RIGP and Retiree Medical Plan

The components of the net periodic benefit cost for the RIGP and Retiree Medical Plan were as follows for the three months ended June 30, 2013 and 2012 (in thousands):

 

 

 

RIGP

 

Retiree Medical Plan

 

 

 

Three Months Ended

 

Three Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

55

 

$

61

 

$

71

 

$

78

 

Interest cost

 

187

 

207

 

404

 

448

 

Expected return on plan assets

 

(103

)

(113

)

 

 

Amortization of prior service cost

 

 

 

(615

)

(683

)

Amortization of unrecognized losses

 

308

 

343

 

284

 

315

 

Actuarial loss due to settlements

 

112

 

 

 

 

Net periodic benefit cost

 

$

559

 

$

498

 

$

144

 

$

158

 

 

The components of the net periodic benefit cost for the RIGP and the Retiree Medical Plan were as follows for the six months ended June 30, 2013 and 2012 (in thousands):

 

 

 

RIGP

 

Retiree Medical Plan

 

 

 

Six Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

122

 

$

132

 

$

157

 

$

154

 

Interest cost

 

414

 

414

 

897

 

930

 

Expected return on plan assets

 

(227

)

(200

)

 

 

Amortization of prior service cost

 

 

 

(1,365

)

(1,424

)

Amortization of unrecognized losses

 

685

 

797

 

630

 

626

 

Actuarial loss due to settlements

 

453

 

 

 

 

Net periodic benefit cost

 

$

1,447

 

$

1,143

 

$

319

 

$

286