PENSION AND POSTRETIREMENT BENEFITS - Change in Projected Benefit Obligation (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended |
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Dec. 31, 2013
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Pension Plan
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Change in projected benefit obligation: | |
Benefit obligation at beginning of period | $ 24,651 |
Service cost | 48 |
Interest cost | 187 |
Actuarial loss | (408) |
Benefits and expenses paid | (163) |
Participant contributions | |
Employer implicit subsidy fulfilled | |
Projected benefit obligation at end of period | 24,315 |
Postretirement Plan
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Change in projected benefit obligation: | |
Benefit obligation at beginning of period | 6,015 |
Service cost | 6 |
Interest cost | 41 |
Actuarial loss | 176 |
Benefits and expenses paid | (29) |
Participant contributions | 2 |
Employer implicit subsidy fulfilled | (5) |
Projected benefit obligation at end of period | $ 6,206 |
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- Definition
Amount of benefits paid out and plan administration expenses deducted from total plan assets. No definition available.
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- Details
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- Definition
Amount of gain (loss) related to change in benefit obligation resulting from changes in actuarial assumptions, for example, but not limited to, interest, mortality, employee turnover, salary, and temporary deviation from the substantive plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of contributions made by plan participants. This item represents a periodic increase to the plan obligation and an increase to plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Changes in the defined benefit obligation, not otherwise separately disclosed in the financial statements. No definition available.
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- Definition
The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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