Note 14 - Employee Savings and Retirement Plans

12 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Postemployment Benefits Disclosure [Text Block]

14.

Employee Savings and Retirement Plans

We have a

401

(k) plan, known as the “IXYS Corporation and Subsidiary Employee Savings and Retirement Plan.” Eligibility to participate in the plan is subject to certain minimum service requirements. Employees

may

voluntarily contribute up to the limit prescribed by law and we

may

make matching contributions in our discretion. Employees are

100%

vested immediately in any contributions by us. For the years ended

March 31, 2017,

2016

and

2015,

we contributed

$606,000,

$616,000

and

$615,000,

respectively.

IXYS UK also has a defined contribution plan, known as “Westcode Semiconductor Group Personal Pension.” The plan is subject to minimum service requirements. Employees contribute up to

4.5%

of the pensionable salary. IXYS UK contributes up to

7%

depending upon the contribution by the employee. Additionally, IXYS UK pays the annual management charges for the plan. Employees are

100%

vested immediately in any contributions by IXYS UK. For the years ended

March 31, 2017,

2016

and

2015,

IXYS UK contributed

$241,000,

$278,000

and

$287,000,

respectively.