| |
Pension Benefits |
|
Other Benefits |
| |
2005 |
2004 |
|
2005 |
2004 |
|
Change in benefit
obligations: |
|
|
|
|
|
|
Beginning of year |
$87,616 |
$88,356 |
|
$30,870 |
$22,219 |
|
Service cost |
4,335 |
4,608 |
|
1,019 |
1,461 |
|
Interest cost |
5,511 |
5,613 |
|
1,088 |
1,560 |
|
Assumption change |
11,783 |
(5,992) |
|
(8,364) |
3,266 |
|
Benefit adjustment |
4,086 |
-- |
|
-- |
-- |
|
Medicare
Modernization Act |
-- |
-- |
|
-- |
(4,360) |
|
Experience (gain)
loss |
3,426 |
2,938 |
|
(2,106) |
8,130 |
|
Benefits paid, net
of retiree premiums |
(13,559) |
(7,907) |
|
(1,030) |
(1,406) |
|
End of year |
$103,198 |
$87,616 |
|
$21,477 |
$30,870) |
|
Change in plan
assets: |
|
|
|
|
|
|
Fair value of plan
assets at beginning of year |
$75,064 |
$63,216 |
|
$4,543 |
$3,697 |
|
Actual return on
plan assets |
4,000 |
8,298 |
|
184 |
294 |
|
Employer
contributions |
4,720 |
11,457 |
|
1,356 |
1,958 |
|
Retiree
contributions |
-- |
-- |
|
651 |
649 |
|
Benefits paid |
(13,559) |
(7,907) |
|
(1,681) |
(2,055) |
|
Fair value of plan
assets at end of year |
$70,473 |
$75,064 |
|
$5,053 |
$4,543 |
|
Funded status |
$(32,973) |
$(12,552) |
|
$(16,424) |
$(26,327) |
|
Unrecognized
actuarial (gain) or loss |
13,516 |
(2,783) |
|
4,053 |
14,293 |
|
Unrecognized prior
service cost |
17,473 |
15,383 |
|
564 |
638 |
|
Unrecognized
transition obligation |
-- |
-- |
|
2,217 |
2,493 |
|
Unrecognized net
initial asset |
-- |
-- |
|
(276) |
(276) |
|
Net amount
recognized |
$(1,984) |
$48 |
|
$(9,866) |
$(9,179) |
|
| |
Pension Benefits |
|
Other Benefits |
| |
2005 |
2004 |
|
2005 |
2004 |
|
Accrued benefit
costs |
$(1,984) |
$48 |
|
$(9,866) |
$(9,179) |
|
Additional minimum
liability |
(6,921) |
(3,081) |
|
-- |
-- |
|
Intangible asset |
5,719 |
2,380 |
|
-- |
-- |
|
Accumulated other
comprehensive loss |
1,202 |
701 |
|
-- |
-- |
|
Net amount
recognized |
$(1,984) |
$48 |
|
$(9.866) |
$(9,179) |
|
