Pensions And Other Postretirement Benefits
9 Months Ended
Sep. 30, 2011
Pensions And Other Postretirement Benefits [Abstract] 
Pensions And Other Postretirement Benefits

12. Pensions and Other Postretirement Benefits

The following tables provide the components of net periodic benefit cost for the third quarters and nine months ended September 30, 2011 and 2010:

 

     Pension Benefits     Other Benefits  
     Quarter Ended
September 30		     Quarter Ended
September 30		  
             2011                     2010                     2011                     2010          

Service cost

    $ -      $ 473      $ 161      $ 205   

Interest cost

      1,871        1,819        387        460   

Expected return on plan assets

      (2,342 )      (2,159 )      (9 )      (11 ) 

Amortization of:

         

Unrecognized actuarial gain (loss)

      896        1,034        4        (57 ) 

Unrecognized prior service cost

      -        (142 )      (68 )      (59 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic benefit cost

    $ 425      $ 1,025      $ 475      $ 538   
  

 

 

    

 

 

    

 

 

    

 

 

  

 

     Pension Benefits     Other Benefits  
     Nine Months Ended
September 30		     Nine Months Ended
September 30		  
             2011                     2010                     2011                     2010          

Service cost

    $ -      $ 1,418      $ 482      $ 615   

Interest cost

      5,613        5,456        1,162        1,377   

Expected return on plan assets

      (7,025 )      (6,477 )      (28 )      (34 ) 

Amortization of:

         

Unrecognized actuarial gain (loss)

      2,687        3,103        13        (170 ) 

Unrecognized prior service cost

      -        (425 )      (204 )      (178 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Net periodic benefit cost

    $ 1,275      $ 3,075      $ 1,425      $ 1,610   
  

 

 

    

 

 

    

 

 

    

 

 

  

The Kansas City Life Cash Balance Pension Plan was amended effective December 31, 2010 to provide that participants' accrued benefits will be frozen as of, and that no further benefits or accruals will be earned after, December 31, 2010. The postretirement plan disclosures included herein do not include the potential impact from the Medicare Act (the Act) that became law in December 2003. The Act introduced a new federal subsidy to sponsors of certain retiree healthcare plans that provide a benefit that is at least actuarially equivalent to Medicare. Since the Company does not provide benefits that are actuarially equivalent to Medicare, the Act did not impact the Company's disclosures.