Pitney Bowes 2015 Annual Report Download - page 95

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
79
Estimated Future Benefit Payments
The following benefit payments, which reflect expected future service, are expected to be paid.
Pension Benefits
Nonpension
Benefits
Years ending December 31,
2016 $ 125,403 $ 19,475
2017 123,478 18,799
2018 124,090 18,088
2019 125,622 17,515
2020 127,960 16,846
2021 - 2025 644,862 75,468
$ 1,271,415 $ 166,191
Savings Plans
We offer voluntary defined contribution plans to our U.S. employees designed to help them accumulate additional savings for retirement.
We provide a core contribution to all employees, regardless if they participate in the plan, and match a portion of each participating
employees' contribution, based on eligible pay. Total contributions to our defined contribution plans were $28 million in 2015 and $25
million in 2014.