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Employees Pension and Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2021
SERP Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Amounts Accrued

As of March 31, 2021 and December 31, 2020, the Company’s projected benefit obligation and unfunded status related to the SERP are as follows:

 

 

March 31,

 

 

December 31,

 

(In thousands of U.S. Dollars)

 

2021

 

 

2020

 

Projected benefit obligation:

 

 

 

 

 

 

 

 

Obligation, beginning of period

 

$

20,116

 

 

$

18,840

 

Interest cost

 

 

18

 

 

 

379

 

Actuarial gain

 

 

 

 

 

897

 

Obligation, end of period and unfunded status(1)

 

$

20,134

 

 

$

20,116

 

 

(1)

The accumulated benefit obligation for the SERP was $20.1 million at March 31, 2021 (December 31, 2020 —$20.1 million).