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Note 9 – Pension and Other Postretirement Benefits
Employees of VPG participate in various defined benefit pension and other postretirement benefit ("OPEB") plans. The following table sets forth the components of the net periodic benefit cost for the Company's defined benefit pension and OPEB plans (in thousands):
| | | Fiscal Quarter Ended | | | Fiscal Quarter Ended | |
| | | September 27, 2025 | | | September 28, 2024 | |
| | | Pension | | | OPEB | | | Pension | | | OPEB | |
| | | Plans | | | Plans | | | Plans | | | Plans | |
| Net service cost | | $ | 66 | | | $ | 3 | | | $ | 66 | | | $ | 4 | |
| Interest cost | | | 208 | | | | 28 | | | | 191 | | | | 27 | |
| Expected return on plan assets | | | (176 | ) | | | — | | | | (211 | ) | | | — | |
| Amortization of actuarial losses (gains) | | | 2 | | | | (8 | ) | | | 4 | | | | (3 | ) |
| Net periodic benefit cost | | $ | 100 | | | $ | 23 | | | $ | 50 | | | $ | 28 | |
| | | Nine Fiscal Months Ended | | | Nine Fiscal Months Ended | |
| | | September 27, 2025 | | | September 28, 2024 | |
| | | Pension | | | OPEB | | | Pension | | | OPEB | |
| | | Plans | | | Plans | | | Plans | | | Plans | |
| Net service cost | | $ | 195 | | | $ | 10 | | | $ | 199 | | | $ | 12 | |
| Interest cost | | | 613 | | | | 85 | | | | 572 | | | | 81 | |
| Expected return on plan assets | | | (519 | ) | | | — | | | | (630 | ) | | | — | |
| Amortization of actuarial losses (gains) | | | 7 | | | | (24 | ) | | | 13 | | | | (9 | ) |
| Net periodic benefit cost | | $ | 296 | | | $ | 71 | | | $ | 154 | | | $ | 84 | |
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