First Data 2009 Annual Report Download - page 250

Chase Paymentech
NOTES TO COMBINED FINANCIAL STATEMENTS
For the years ended December 31, 2007 and 2006 and
the year ended December 31, 2005 (unaudited) (Continued)
A summary of the components of net periodic pension expense and changes recognized in other
comprehensive income, pre-tax, for the years ended December 31, 2007, 2006, and 2005 is as follows (in
thousands):
Pension Plan
2007 2006 2005
Service cost ............................................. $4,238 $ 3,690 $ 2,817
Interest cost ............................................. 1,218 1,027 821
Expected return on plan assets ............................... (1,699) (1,351) (1,064)
Amortization of net actuarial loss ............................ 212 261 201
Amortization of prior service cost ............................ 5 2 (1)
Net periodic benefit cost ................................... 3,974 3,629 2,774
Other changes in plan assets and benefit obligations recognized in
other comprehensive income:
Net actuarial loss ..................................... 451 — —
Amortization of net actuarial loss ........................ (212) — —
Amortization of prior service cost ........................ (5) — —
Total recognized in other comprehensive income ................ 234 — —
Total recognized in net periodic benefit cost and other
comprehensive income ................................... $4,208 $ 3,629 $ 2,774
SERP
2007 2006 2005
Service cost ............................................. $181 $137 $ 56
Interest cost ............................................. 38 31 24
Amortization of net actuarial loss ............................ 11 8 —
Amortization of prior service credit ........................... (3) (3) (3)
Net periodic benefit cost ................................... 227 173 77
Other changes in plan assets and benefit obligations recognized in
other comprehensive income:
Net actuarial loss ..................................... 24 — —
Amortization of net actuarial loss ........................ (11) — —
Amortization of prior service credit ....................... 3 — —
Total recognized in other comprehensive income ................ 16 — —
Total recognized in net periodic benefit cost and other
comprehensive income ................................... $243 $173 $ 77
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