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Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plans

v3.3.1.900
Employee Benefit Plans
12 Months Ended
Dec. 31, 2015
Employee Benefit Plans [Abstract] Ìý
Employee Benefit Plans

(14)Employee Benefit Plans

Ìý

Ïã½¶´«Ã½ is the sponsor of the Ïã½¶´«Ã½ Media 401(k) Savings Plan (the "Ïã½¶´«Ã½ 401(k) Plan"), which provides its employees and the employees of certain of its subsidiaries an opportunity for ownership in the Company and creates a retirement fund.ÌýThe Ïã½¶´«Ã½ 401(k) Plan provides for employees to make contributions to a trust for investment in Ïã½¶´«Ã½ common stock, as well as several mutual funds. The Company and its subsidiaries make matching contributions to the Ïã½¶´«Ã½ 401(k) Plan based on a percentage of the amount contributed by employees. In addition, certain of the Company's subsidiaries have similar employee benefit plans. Employer cash contributions to all plans aggregated $15 million, $11 million and $12 million for each of the years ended December 31, 2015, Ìý2014 and 2013, respectively.