TIDEWATER INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Years ended March 31, 2010, 2009, and 2008  defer up to 100% of their bonuses. In addition, an amount equal to any refunds that must be made due to  the failure of the 401(k) nondiscrimination test may be deferred into this plan.  Certain benefits programs are maintained in several other countries that provide retirement income for  covered employees.  Defined Contribution Retirement Plan  (6) OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES, AND OTHER  LIABILITIES AND DEFERRED CREDITS  F-26 (In thousands)  2010 2009 Postretirement benefits liability  $  29,512  28,540  Pension liability  33,146 37,497 Deferred gain on vessel sales  39,568 --- Income taxes  4,450 35,474 Other 18,626 15,030 $ 125,302 116,541 (In thousands)  2010 2009 Income tax payables  $ 1,177 24,679 Deferred credits - current  12,559 10,467 Dividend Payable 9 --- $ 13,745 35,146 (In thousands)  2010 2009 Payroll and related payables  $  31,385  36,769  Commissions payable  15,783 16,364 Accrued vessel major repairs and maintenance costs  3,924  4,755  Other accrued vessel expenses  39,454 31,169 Accrued fuel expense  10,143 9,571 Incentive plans  4,910 9,892 Accrued interest expense  2,182 2,177 Proposed SEC settlement  11,396 --- Other accrued expenses  308 456 $ 119,485 111,153 (In thousands)  2010 2009 Recoverable insurance losses  $  12,809  8,035  Deferred income tax assets  35,635 29,836 Other  36,094 22,182 $ 84,538 60,053 A defined contribution retirement plan covers all eligible U.S. fleet personnel, along with all new eligible  employees of the company hired after December 31, 1995. This plan is noncontributory by the employee,  but the company has contributed in cash 3% of an eligible employee’s compensation to an employee benefit  trust. The cost of the plan for fiscal 2010, 2009 and 2008 was $1.6 million, $1.8 million and $2.2 million,  respectively. Forfeitures totaling approximately $0.4 million and $0.1 million reduced the costs of the plan for  fiscal 2010 and 2009, respectively. No amounts were forfeited during fiscal 2008.  A summary of Other Assets at March 31 follows:  A summary of Accrued Expenses at March 31 follows:  A summary of Other Current Liabilities at March 31 follows:  A summary of Other Liabilities and Deferred Credits at March 31 follows: 