Pension and Other Post-Retirement Benefits

3 Months Ended

Mar. 31, 2020

Pension and Other Post-Retirement Benefits

Note 8. Pension and Other Post-Retirement Benefits

The following table sets forth certain disclosures for the Company’s pension and post-retirement plans for the periods indicated:

	For the Three Months Ended March 31,
	2020						2019
(in thousands)	Pension Benefits			Post- Retirement Benefits			Pension Benefits			Post- Retirement Benefits
Components of net periodic (credit) expense: (1)
Interest cost	$	1,173		$	82		$	1,415		$	128
Expected return on plan assets		(3,876	)		—			(3,483	)		—
Amortization of prior-service costs		—			(62	)		—			(62	)
Amortization of net actuarial loss		1,831			6			2,509			31
Net periodic (credit) expense	$	(872	)	$	26		$	441		$	97

(1) Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income.

The Company expects to contribute $947,000 to its post-retirement plan to pay premiums and claims for the fiscal year ending December 31, 2020. The Company does not expect to make any contributions to its pension plan in 2020.