PENSION AND POST RETIREMENT BENEFIT PLANS
|6 Months Ended|
Jun. 30, 2017
|Pension and Other Postretirement Benefit Expense [Abstract]|
|PENSION AND POST RETIREMENT BENEFIT PLANS||
NOTE 7. PENSION AND POST RETIREMENT BENEFIT PLANS
The following table represents the net periodic pension benefit costs and related components in accordance with FASB ASC 715 “Compensation - Retirement Benefits”:
Components of Net Pension Benefit Gain
During the six months ended June 30, 2017 and the same period in 2016 the Company made no contributions to its defined benefit retirement plans (the “Plans”). The Company made $3.3 million in contributions for the year ended December 31, 2016. The Company is considering making further contributions to the Plans during the fiscal year ending December 31, 2017 of approximately $5.5 million.
The entire disclosure for pension and other postretirement benefits.
Reference 1: http://www.xbrl.org/2003/role/presentationRef