Table:
|  | Post-Retirement Life Insurance Plan |  |
| --- | --- | --- |
|  | 2019 | 2018 |
| Accrued expenses and other liabilities | $(393) | $(407) |
| Long-term pension obligations | (4,373) | (4,188) |
| Total accrued cost | $(4,766) | $(4,595) |
Paragraphs:
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data)
The components of the accrued cost of the post-retirement life insurance plan are classified in the following lines in the Consolidated Balance Sheets at December 31:
Question:
What was the percentage change in the total accrued cost between 2018 and 2019?
Answer: (-4766-(-4595))/-4595 = 3.72