| Pension and Other Post-Retirement Benefits The following table sets forth the net periodic costs for the defined benefit pension plans and post-retirement healthcare plans for the periods indicated (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Quarter ended September 30, | | Pension benefits | | Other post-retirement benefits | | 2026 | | 2025 | | 2026 | | 2025 | | Service cost | $ | 1,028 | | | 1,120 | | | — | | | — | | | Interest cost | 2,249 | | | 2,312 | | | 17 | | | 15 | | | Expected return on plan assets | (3,302) | | | (3,290) | | | — | | | — | | | Amortization of prior service cost | — | | | (203) | | | — | | | — | | | Amortization of the net loss | (202) | | | (37) | | | 21 | | | 7 | | | Net periodic cost | $ | (227) | | | (98) | | | 38 | | | 22 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine months ended September 30, | | Pension benefits | | Other post-retirement benefits | | 2026 | | 2025 | | 2026 | | 2025 | | Service cost | $ | 3,084 | | | 3,360 | | | — | | | — | | | Interest cost | 6,746 | | | 6,658 | | | 51 | | | 45 | | | Expected return on plan assets | (9,905) | | | (9,268) | | | — | | | — | | | Amortization of prior service cost | — | | | (609) | | | — | | | — | | | Amortization of the net loss | (606) | | | (111) | | | 62 | | | 21 | | | Net periodic cost | $ | (681) | | | 30 | | | 113 | | | 66 | |
Because of the current funding status, we do not anticipate a funding requirement during the year ending December 31, 2026.
|