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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2020
EMPLOYEE BENEFIT PLANS  
Schedule of amounts recognized in accumulated other comprehensive loss (pre-tax)

Prior service credit

    

$

(1,840)

Net actuarial gain

 

(1,196)

Net amount recognized in accumulated other comprehensive loss

$

(3,036)

Schedule of changes in accumulated postretirement benefit obligation

December 31,

    

2020

    

2019

    

Benefit obligation, beginning of year

$

13,743

$

12,451

Service cost

 

288

 

270

Interest cost

 

403

 

499

Actuarial (gain)/loss

 

(510)

 

922

Benefits paid

 

(437)

 

(399)

Benefit obligation, end of year

$

13,487

$

13,743

The actuarial (gain) in 2020 is attributable to updated participation rates and participant spending as well as mortality table projections partially offset by an actuarial loss due to the decrease in discount rate for the year ended December 31, 2020. The actuarial loss in 2019 is attributable to a decrease in the discount rate partially offset by a change in the mortality table for year ended December 31, 2019.

Schedule of net periodic postretirement benefit cost (income)

    

2020

    

2019

    

2018

    

Service cost—benefits attributed to service during the period

$

288

$

270

$

337

Interest cost on the accumulated postretirement benefit obligation

 

403

 

499

 

455

Net amortization

 

(1,349)

 

(1,522)

 

(1,324)

Net periodic postretirement benefit cost (income)

$

(658)

$

(753)

$

(532)