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SYSCO CORPORATION-Form10-K64
PARTII
ITEM8Financial Statements and Supplementary Data
Other changes in bene t obligations recognized in other comprehensive (loss) income related to other postretirement plans for each  scal year are as follows:
(Inthousands)
Other Postretirement Plans
2013 2012 2011
Amortization of prior service cost $ 168 $ 215 $ 185
Amortization of actuarial gain (203) (331) (388)
Amortization of transition obligation 141 153 153
Prior service cost arising in current year - - (987)
Actuarial (loss) gain arising in current year (188) (925) (157)
NET PENSION COSTS $ (82) $ (888) $ (1,194)
Amounts included in accumulated other comprehensive loss (income) as of June29,2013 that are expected to be recognized as components of net company-
sponsored bene t cost during  scal 2014 are:
(Inthousands)
Pension Benefi ts
Other
Postretirement
Plans Total
Amortization of prior service cost $ 11,145 $ 168 $ 11,313
Amortization of actuarial losses (gains) 16,327 (143) 16,184
TOTAL $ 27,472 $ 25 $ 27,497
Employer Contributions
The company made cash contributions to its company-sponsored pension plans of $93.6million and $162.4million in  scal years 2013 and 2012,
respectively. The $70.0million contribution to the Retirement Plan in  scal 2013 was voluntary, as there were no required contributions to meet ERISA minimum
funding requirements in  scal 2013. The $140.0million contribution to the Retirement Plan in  scal 2012 exceeded the minimum required contribution for
the calendar 2011 plan year to meet ERISA minimum funding requirements. There are no required contributions to the Retirement Plan to meet ERISA
minimum funding requirements in  scal 2014. The company’s contributions to the SERP and other post-retirement plans are made in the amounts needed
to fund current year bene t payments. The estimated  scal 2014 contributions to fund bene t payments for the SERP and other postretirement plans are
$25.8million and $0.4million, respectively.
Estimated Future Benefi t Payments
Estimated future bene t payments for vested participants, based on actuarial assumptions, are as follows:
(Inthousands)
Pension Benefi ts
Other
Postretirement
Plans
2014 $ 86,447 $ 390
2015 95,024 775
2016 104,529 1,075
2017 115,629 1,271
2018 126,202 1,404
Subsequent  ve years 786,838 7,123
Assumptions
Weighted-average assumptions used to determine bene t obligations as of year-end were:
June29,2013 June30,2012
Discount rate— Retirement Plan 5.32% 4.81%
Discount rate— SERP 4.94 4.89
Discount rate— Other Postretirement Plans 5.32 4.81
Rate of compensation increase— Retirement Plan 3.89 5.30
As bene t accruals under the SERP were frozen as of June29,2013 due to the plan freeze discussed above, future pay is not projected in the determination
of the bene t obligation as of that date. For determining the bene t obligations as of June30,2012, the SERP calculations utilized an age-graded salary
growth assumption.