Pension and Other Post-Retirement Benefit Matters

U.S Plans

The components of net periodic benefit cost for the three months ended January 31, 2020 and 2019 are as follows:



	Pension Benefits						Other Post-Retirement Benefits
	Three Months Ended January 31,						Three Months Ended January 31,
	2020			2019			2020		2019
Interest cost	$	675		$	841		$	2	$	3
Expected return on plan assets	(831		)	(835		)	—		—
Amortization of net actuarial loss	374			287			2		1
Net periodic cost	$	218		$	293		$	4	$	4

We made contributions of $219 to our U.S. pension plans during the three months ended January 31, 2020. We expect to contribute an additional $897 to our U.S. pension plans before the end of fiscal 2020.

We report the service cost component of the net periodic pension and post-retirement costs in the same caption as other compensation costs arising from services rendered. The other components of net period costs are presented outside of operating income in other (income) expense, net.

Non-U.S. Plans

For our Swedish operations, the majority of the pension obligations are covered by insurance policies with insurance companies. Pension commitments in our Polish operations were $1,293 at January 31, 2020 and $1,267 at October 31, 2019. The liability represents the present value of future obligations and is calculated on an actuarial basis. The Polish operations recognized expense of $144 for the three months ended January 31, 2020 and $86 for the three months ended January 31, 2019, respectively.

The insurance contracts guarantee a minimum rate of return. We have no input into the investment strategy of the assets underlying the contracts, but they are typically heavily invested in active bond markets and are highly regulated by local law.