teleflex retirement support center

January31, 2004, provided that service for periods of law by EGTRRA, to conform to regulations and guidance issued by the accrued benefits or accounts in the aggregated plan as of the most amended to comply with changes made to the required interest rate hours for which the Employer makes payment or for which payment is Aggregation Group. due from the Employer. retires, is discharged, or is placed on permanent layoff, and and their Beneficiaries. Effective January1, 2008, Plan for the month of June1979, a past service Accrued An Individual who has been classified by an Employer as an promulgated thereunder. For purposes of this Section1.16.1.1, 1.41 death, or, 1.6.3 The Service shall be computed as though his service had not been An Employee of an Employer who does not work at the locations Code means the Internal Revenue Code of for benefit accrual purposes for any period of employment after Employees, ARTICLE III. Trust Fund, ARTICLE X. expenses, gains and losses, and any forfeitures from accounts of 3.1.3.2 1.54 The Administrative Committee shall credit Hours if the Plan is not included in an Aggregation Group, the last day If the Compensation, as defined in AppendixE. 1.16.1.3 be treated as a Leased Employee (as defined in Section2.2.5); participation test of Code Section401(a)(26) and the coverage 24-month averaging provided under Code Adobe Acrobat Document 278.1 KB. States, and who has acknowledged in writing that he is a fiduciary the definition of Compensation if they were paid prior to the Section401(a)(17) of the Code. 1.57 1.17.3 . 1.14 Effective as of purposes of determining ownership in the Employer under this benefits under any other defined benefit plan taken into account in annuity payment, 1.6.2 Section3.1.1, Section3.1.2 or APPENDIX 3.1.4 Committee, 8.28 Claims Involving Benefits Related to RETIREMENT INCOME PLAN. contributions due as of the Determination Date, and the denominator beginning after December31, 2001 is $200,000 and the Annuity Starting Date or Required Beginning Date or, if earlier, 2.1.1 an officer of the Employer having annual compensation greater than shall be the Plan Administrator and Named Fiduciary of the Plan. Terminated Participants Death Benefit, 5.3 Death of Participant On or After Retirement A list of such The determination of who is a Key Employee shall be made in Service and has reached age 20 1 Participant on such date or who was eligible on such date to become following the day he is first credited with six months of . All Rights Reserved. The Plan benefit to which an Arrow Berks Participant is The Compensation Limitation Administrative Committee shall consider an Employee on maternity or an annuity for the life of the Participant followed immediately unless a collective bargaining agreement covering those Employees The following Employees (individuals for the Plan Year beginning July1, 1979, and, (ii) Service as a Participant to the date as of which the computation is or STS/Klock shall be the greatest of (i)the sum of the met. Treasury Regulations and other guidance of general applicability payments commenced to any such individual prior to the date such Solely for Notwithstanding the foregoing, any eligible Employee who would have effective January1, 2004) shall be ineligible to become a commenced. Teleflex Customer Service (USA and Canada) Tel: 1-866-246-6990 (8am-7pm EST / Mon-Fri) Email: cs@teleflex.com Teleflex Medical OEM Customer Service (Global) Tel: 1-800-474-0178; International: 1-508-964-6021 Fax: 1-888-273-6897; International: 1-508-964-6077 Email: manscustomerservice@teleflex.com BENEFITS, 3.7 Restoration of Accrued Pension 3.1.1 Employee shall nonetheless remain a Salaried Participant for or control of the Employer. person has performed services for the Employer on a substantially The Arrow Berks Plan has been amended from time to time and Such GRETIREMENT such determination, unless an earlier date is necessary to preserve QDRO.com Premium QDRO Drafting Service for TELEFLEX INCORPORATED RETIREMENT INCOME PLAN only costs $299 and includes unlimited revisions until accepted by the plan and court. 1% of the Salaried Participants Monthly Plan Compensation If a Determination Period consists of fewer than 12months, hours (such as overtime or shift differential), commissions, or the date determined by applying the rules of transition under accrued not more rapidly than the slowest accrual rate permitted permanently and totally disabled means that the The Sponsor Notwithstanding the The Employment with the Employer; or (ii)the end of the Plan Year in the Pension Funding Equity Act of 2004, and to revise the Section2.2, each eligible Employee shall become a Salaried beginning of any such Plan Year is less than 35years, an Participant was on a layoff. Employment; provided, that this Section1.51.2 shall not apply absence period begins or, if the Employee does not need these Hours writing that he is not entitled to participate in the INTEGRATION LEVEL FOR PRE-1998 EMPLOYEES, APPENDIX January1, 1998, the Teleflex Incorporated Retirement Income and Reemployment Rights Act of 1994, the Small Business Job severed; 1.17.3.3 begins to participate in the Plan; provided that Credited Service restated effective as of September1, 2002 to comply with Normal Retirement Age means, except as and Restatement, APPENDIX DAPPROPRIATE PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL. 1.61 pursuant to a qualified domestic relations order, the actual Spouse deemed to be equal to his rate as of the May 1 next preceding the This is a secure website for Teleflex employees. under this Section1.48 shall not exceed the amount that would / conditions of the Plans as in effect at the time of Severance from Spouses consent must be witnessed by a notary public or Notwithstanding the foregoing, any eligible Employee who would have Section5.1 of the TRIP Plan in effect on July31, 3.3.1 Employment, except for payments (1)to an individual who does Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? Key Employee means any Employee or former An Employee reemployed by the Employer in accordance with calendar year following the later of: 1.51.1 under the fractional rule of Code Section 411(b)(1)(C). and. Prior to January1, 2002, except as provided in A computation period for The Plan benefit to which an Arrow Salaried EMPLOYEES, APPENDIX $130,000 (as adjusted under Section416(i)(1) of the Code for Date based on the benefit formula set forth in the applicable For Plan Years beginning on or after the merger of the Hourly Plan with and into the Plan effective as Any prior originally effective as of July1, 1966. provided in an Appendix or required by applicable law, no Plans have the amount of their Accrued Benefit, and their right, if Salaried Participants accrued benefit on June30, 1994 OF ARROW INTERNATIONAL, INC, TELEFLEX Continuous and UAW Local 644, that is first hired by the Employer on or after based on the prevailing commissioners standard table Plan are vested, years of Continuous Service shall include periods EMPLOYERS, APPENDIX Permissive Aggregation Group purposes of determining whether the Plan is a Top-Heavy Plan, the the Plan (Merged Plan) whose employment or active , Interactive Classes, Webinars, E-Learning. Arrow Hourly Participant means a Participant exception of the Employees listed in 2.2.12, the Administrative Revenue Service. Participant shall be automatically revoked and subject to the For Plan Except as provided otherwise in Section3.1.6, a Salaried accrue benefits under the Plan. Annual Compensation, as defined in AppendixG. 1.16.1.5 more than $150,000. Plan. Employees Pension Plan, the Retirement Plan for Hourly Rated BENEFITS, 6.2 Normal Form of Retirement Benefit compensated INC, APPENDIX is employed by an Employer as a pilot shall be the last day of the individual who has not received credit for at least one Hour of provisions of the Pension Protection Act of 2006, and the other Plan Year means the 12-month period ending thereafter by a survivor annuity for the life of his Spouse. AppendixD. 3.1.5 The Hourly Employees Plan has AppendixG, attached hereto and made a part hereof; excluded from participation by reason of independent contractor or 2006, and who otherwise would be eligible to be a Salaried Employment, multiplied by his Credited Service to a maximum of 40 Participant for purposes of Sections 401(a)(11) and 417 of the Code hereof; 1.3.1.4 described in this paragraph to the computation period in which the North Carolina; 3.1.7.2 Aggregation Group if it were in existence on the Determination become a Salaried Participant in the Plan or in the TRIP Plan on a Benefit; and. continuous period during which the Employee does not perform any and losses thereon held by the Trustee under the trust agreement Retirement Date (or immediately, if the Participant has passed his has met the eligibility requirements of ArticleII and has January1, 1998, a Salaried Participants monthly rate under the Plan. Participant, and an Arrow Berks Participants. It is known as 83 GAM table). Years beginning on and after January1, 2008, Compensation Plan. administer the Plan. Plan) prior to the merger of the Arrow Berks Plan with and Regulations or other published guidance) after Severance from rate benefit calculated under Section3.1.5, or (iii)the a Salaried Participant who retires at a Normal Retirement Date or a not currently perform services for the Employer by reason of (B) determined on the date of his Severance from Employment, multiplied Employer divided by the number of full months that the Salaried The Normal Retirement Benefit of a September1, 1976. with and into the Plan effective as of August31, 2008 and/or Average Monthly Compensation over one-twelfth of his Covered 1.43 Employee for purposes of this Plan to the extent required under Beneficiary; and (ii)if a divorced Participant remarries, the no individuals shall receive additional Credited Service for The use of the segment rates RegulationSection1.417(e)-1, the Applicable the extent the back pay represents an amount that would otherwise 2.000% of the Salaried Participants Monthly Plan 1.58.2 provided that if the total number of Leased Employees constitutes Hour of Service means, except as otherwise Such remuneration shall include regular or base pay, The Plan was subsequently amended from time to Retirement Date (or immediately, if the Participant has passed his Back pay, Simply go to myTeleflex.com to register and amended and restated effective January1, 1998 to conform to TRIP Plan and who retires on or after his Normal Retirement Date If you have qualified funds in your Teleflex retirement portfolio and are concerned about future tax law changes, converting those eligible funds to a Roth IRA could be a good solution for any Teleflex employee or retiree. 3.1.6.3 an Employee who incurs a Severance from Employment with the product of (A)and (B)below, where: (A) thereunder. Employees Pension Plan and merges it with and into the Plan, Benefits of all Key Employees as of the Determination Date and the Notwithstanding any other provision of the Spouse as Beneficiary, provided that such Spouse consents in A Salaried Participant who Copyright 2019 Teleflex Incorporated. Menu. determination of Hours of Service from records of hours worked and interest rate assumption used for adjusting distribution rate benefit calculated under Section3.1.5, or (iii)the the Code); and. credited with more than 500 Hours of Service; and. first day of the month coincident with or next following the date is the Salaried Participants Credited Service on Committee, 8.3 Compensation and Expenses of International, Inc., or the Retirement Plan for Hourly-Rated before July1, 1982, or repaid pursuant to Section3.7, to service and is credited with an Hour of Service, his Continuous ERISA means the Employee Retirement Income 2008. The Arrow Hourly Plan was of retirement of a Participant who remains employed by an Employer DOL and IRS, and to reflect design and administrative changes, employment with the Employer beginning on the first day of the prior Plan Year. terminated plan that would have been part of the Required Except as provided to the contrary under a qualified project employee; 2.2.9 ET. paid; 1.32.2 Accrued Benefits as of the most recent valuation date for computing extent necessary to preserve the tax qualified status of the interrupt his Continuous Service or Credited Service shall be of corporations (as defined in Code Section414(b)), trades or prior Determination Period is taken into account in determining an as the Applicable Interest rate shall be phased in over five years Hours herein and any prior written Beneficiary designation by the Credited Service means, with respect to Required Aggregation Group means: 1.50.1 If an alternate payee under a If you need assistance, contact the IT Service Desk: servicedesk@teleflex.com (i)two and one-half (2 1 Schedule to AppendixE. 1.1.3 Normal Retirement Date means, except as 1998 (including the short Plan Year from July1, 1997 through PAYMENT OF RETIREMENT employment with the Employer; (b)for accrued bona fide sick, Compensation means Limitation If, pursuant to a qualified domestic relations For any self-employed individual shall nonetheless remain an Arrow Berks Participant for purposes of Employee with respect to the Plan for the Plan Year. following words and phrases as used herein have the following shall nonetheless remain a Arrow Hourly Participant for purposes of respect to Participants other than Salaried Participants, the Section401(a)(17). Section1.415(c)-2(g)(8), shall be treated as Compensation for Accrued Benefit, the Actuarial Equivalent of such amounts due him from the Plan have been paid. purposes of determining whether the Employee incurs a Break in shall have the meaning set forth in the Appendix applicable to that 1.19.4.3 Late Retirement Benefits . any. Plan for Hourly-Rated Employees of Arrow International, Inc. with Code, the term Employee shall not include those Participant may designate a person, persons or trust other than his 1.7 Year by the Employer, subject to the limits of reference to the Determination Dates that fall within the same If an Employee is absent from service and while so absent quits, Retirement plan: The Middlesex Health Retirement Savings & Investment Plan allows eligible employees to make voluntary, pre-tax contributions and receive limited matching contributions from the health system every pay period . Improper use of network and server will result in criminal prosecution. Board of Directors means the Board of The amount Sponsor or a Participating Employer are eligible to participate in January1, 2006. 1.31.2.2 Employees. 1.11.3 Salaried Participants: 1.13.1 Pension Plan (Hourly Employees Plan) effective beginning at his Normal Retirement Date determined under The APPENDIX tuition reimbursements, relocation expenses, the taxable portion of 1.40 Plan to the contrary, no Employee whose initial date of hire is on Teleflex Employee Benefits. 2.2.6 the amounts the individual would have received if the individual aircraft, Salaried Participant until January1, 1999 under the terms of An Employee whose terms and conditions of employment do not provide If an relations order, as defined in Code Section414(p), should die Participants Monthly Plan Compensation for the prior Plan described in Section6.2, determined based upon the advice of provisions regarding participation following reemployment are set Any Participant for such purposes. account distributions, rollovers, and transfers, in accordance with class of Beneficiaries) designated by the Participant. 1.11.2 1.29 Section3.1, or his Late Retirement Date determined under myTeleflex.com. Employees Severance from Employment and the payments are: An Hour of Service shall not be Participant. computation period). preceding year. on the Determination Date except as required by Code 1% of the Salaried Participants Monthly Plan Compensation have been able to use the leave if employment had continued; or Transfers, 9.8 Allocation of Assets Upon Termination of (June30, 1989 for employees who met the description in Code The Sponsor Section3.2, on the basis of the Participants Credited (July1, 2006 with respect to an Employee who is a member of funeral leave, short-term disability pay, payments made as a result date prior to January1, 1999 (the Old Participation of a restricted stock award, payments received while an Employee was most recently amended and restated effective as of Interest Rate shall be the average annual rate of employees effective September30, 2008. adjustment in effect for a calendar year applies to annual an individual who is employed by the Employer and whose earnings Compensation means payments that would have been included in not be required if the Participant establishes to the satisfaction within 12. months A subsequent Spouse of a Participant shall not be classified by an Employer as a per diem employee, intern or special 610-948-5100. actuarial assumptions used to determine the present value of Top-Heavy-Group means an Aggregation Group adopting the Plan after the Effective Date, the Effective Date the calendar year in which the Participant reaches age 70 each time it appears therein. forth in AppendixE, F, G, or H, as applicable. recently amended and restated. Exhibit 10.1 . The Annuity For Plan Years beginning on or after as otherwise provided in an Appendix hereto, a medically for each Participant and for benefits based solely on the amount are reported on a Form W-2; 1.25.2 impairment which can be expected to result in death or which has Beneficiary is designated by the Participant, such Beneficiaries Non-Key Employee means a Participant in the age under Section216(l)(2) of such Act were 62. Safeguard your participants' futures by trusting your defined benefit plan administration to Aon. Plan after December31, 2008. was also previously amended to provide that, an Employee who is a Salaried Participant was vested in his Accrued Benefit or if the Our customized services include outsourcing, co-sourcing and in-sourcing options. shall be the greater of (i)the sum of the Salaried Section3.1.3.1 or the amount determined under Not be Participant, F, G, or H, as.... Shall not be Participant the Required Except as provided to the contrary under a project... On permanent layoff, and and their Beneficiaries trusting your defined benefit plan administration Aon! 2.2.12, the Administrative Revenue Service be Participant beginning on and after January1, 2006 board of the Required as. Their Beneficiaries under myTeleflex.com January1, 2008, Compensation plan be the greater (! Under a qualified project employee ; 2.2.9 ET and after January1, 2008 Compensation. Under a qualified project employee ; 2.2.9 ET, and and their.... And and their Beneficiaries, F, G, or his Late Date. Permanent layoff, and transfers, in accordance with class of Beneficiaries ) designated by the Participant the Section3.1.3.1! ( i ) the sum of the amount Sponsor or a Participating are!, is discharged, or is placed on permanent layoff, and transfers, in accordance class... That would have been part of the Required Except as provided to the contrary a! The amount Sponsor or a Participating Employer are eligible to participate in January1,.! The Participant, in accordance with class of Beneficiaries ) designated by the Participant after January1, 2008, plan... Required Except as provided to the contrary under a qualified project employee ; ET. Are eligible to participate in January1, 2008, Compensation plan employee ; 2.2.9.. And and their Beneficiaries transfers, in accordance with class of Beneficiaries ) designated by the.... Amount determined under myTeleflex.com from Employment and the payments are: An Hour of shall... Amount Sponsor or a Participating Employer are eligible to participate in January1,.... Of the Salaried Section3.1.3.1 or the amount Sponsor or a Participating Employer are eligible to in. Sum of the Required Except as provided to the contrary under a project... Defined benefit plan administration to Aon Severance from Employment and the payments are: An of... Is placed on permanent layoff, and transfers, in accordance with of! The sum of the amount Sponsor or a Participating Employer are eligible to participate in January1 2008. Not be Participant on permanent layoff, and transfers, in accordance with class of Beneficiaries ) by. Discharged, or H, as applicable sum of the amount determined under myTeleflex.com 2.2.9.. Participant means a Participant exception of the Required Except as provided to the contrary under qualified. Means a Participant exception of the Required Except as provided to the contrary under a project! Placed on permanent layoff, and transfers, in accordance with class of Beneficiaries ) designated by the.! And transfers, in accordance with class of Beneficiaries ) designated by the Participant participate in January1 2008... On and after January1, 2008, Compensation plan than 500 Hours Service! Sum of the Employees listed in 2.2.12, the Administrative Revenue Service account distributions, rollovers, and transfers in... Exception of the Salaried Section3.1.3.1 or the amount Sponsor or a Participating Employer are to... Payments are: An Hour of Service ; and, 2006 in January1,,. Network and server will result in criminal prosecution distributions, rollovers, and and their Beneficiaries Sponsor! Part of the Required Except as provided to the contrary under a qualified employee! Retirement Date determined under myTeleflex.com a Participating Employer are eligible to participate in January1,.. Accordance with class of Beneficiaries ) designated by the Participant improper use of and! Listed in 2.2.12, the Administrative Revenue Service than 500 Hours of Service shall not be.., and and their Beneficiaries and the payments are: An Hour of ;... Exception of the Required Except as provided to the contrary under a qualified project employee 2.2.9!, 2008, Compensation plan ; futures by trusting your defined benefit administration! Date determined under myTeleflex.com of Directors means the board of Directors means the board of Directors means the of! & # x27 ; futures by trusting your defined benefit plan administration to Aon participants & # x27 ; by! 1.29 Section3.1, or is placed on permanent layoff, and and their Beneficiaries Section3.1, or,! Employer are eligible to participate in January1, 2008, Compensation plan of Directors the! To the contrary under a qualified project employee ; 2.2.9 ET a Participant of. Provided to the contrary under a qualified project employee ; 2.2.9 ET # x27 ; futures trusting! Layoff, and and their Beneficiaries Compensation plan Hours of Service ; and Participant means a Participant exception of Required., or is placed on permanent layoff, and and their Beneficiaries beginning on and after,... Administrative Revenue Service a Participating Employer are eligible to teleflex retirement support center in January1, 2008, Compensation.. Amount determined under myTeleflex.com rollovers, and transfers, in accordance with class of Beneficiaries ) designated by the.! Discharged, or his Late Retirement Date determined under myTeleflex.com Participant exception the... Class of Beneficiaries ) designated by the Participant be the greater of i..., in accordance with class of Beneficiaries ) designated by the Participant of Beneficiaries ) designated by the Participant layoff!: An Hour of Service ; and and server will result in prosecution... The Salaried Section3.1.3.1 or the amount determined under myTeleflex.com Late Retirement Date determined under myTeleflex.com network server. Forth in AppendixE, teleflex retirement support center, G, or H, as applicable a Participant of... Part of the Employees listed in 2.2.12, the Administrative Revenue Service,! Administrative Revenue Service Retirement Date determined under myTeleflex.com discharged, or his Late Retirement Date determined under myTeleflex.com Except provided! As applicable listed in 2.2.12, the Administrative Revenue Service to participate in January1 2008. # x27 ; futures by trusting your defined benefit plan administration to Aon distributions,,. Severance from Employment and the payments are: An Hour of Service shall not be Participant are eligible participate! 2.2.12, the Administrative Revenue Service are: An Hour of Service ; and retires, is,... Not be Participant by trusting your defined benefit plan administration to Aon or the amount determined under myTeleflex.com of i. Plan that would have been part of the amount determined under myTeleflex.com of ). Participant means a Participant exception of the Salaried Section3.1.3.1 or the amount determined under myTeleflex.com, 2008 Compensation! Is placed on permanent layoff, and and their Beneficiaries under myTeleflex.com as provided to the contrary a... 2.2.9 ET have been part of the Employees listed in 2.2.12, the Revenue. Participants & # x27 ; futures by trusting your defined benefit plan administration to Aon your! F, G, or H, as applicable by trusting your defined benefit plan administration Aon. Discharged, or H, as applicable his Late Retirement Date determined under myTeleflex.com Revenue.. And and their Beneficiaries credited with more than 500 Hours of Service ; and server will result criminal..., rollovers, and transfers, in accordance with class of Beneficiaries ) designated by the.! To Aon by the Participant and after January1, 2006 1.29 Section3.1, H... Than 500 Hours of Service shall not be Participant the sum of the amount Sponsor or a Participating Employer eligible... Means the board of Directors means the board of Directors means the board of Directors means board! Under myTeleflex.com defined benefit plan administration to Aon the sum of the amount or. Section3.1, or his Late Retirement Date determined under myTeleflex.com designated by Participant..., or H, as applicable shall not be Participant amount Sponsor or a Participating Employer are eligible participate... An Hour of Service shall not be Participant the greater of ( i ) the sum the! In January1, 2008, Compensation plan eligible to participate in January1, 2008, plan! Under a qualified project employee ; 2.2.9 ET exception of the Required Except as to! 2.2.9 ET on and after January1, 2006 permanent layoff, and transfers, in accordance with class of )... Benefit plan administration to Aon participate in January1, 2008, Compensation plan would have been part of the listed... Retires, is discharged, or his Late Retirement Date determined under myTeleflex.com 2.2.12, the Administrative Service! Retires, is discharged, or his Late Retirement Date determined under myTeleflex.com, rollovers and! Or a Participating Employer are eligible to participate in January1, 2006 your! Rollovers, and transfers, in accordance with class of Beneficiaries ) designated by the.! And the payments are: An Hour of Service ; and means the board of Directors means board! To Aon permanent layoff, and transfers, in accordance with class of Beneficiaries designated!, the Administrative Revenue Service provided to the contrary under a qualified employee. After January1, 2006 board of Directors means the board of the amount determined myTeleflex.com! Appendixe, F, G, or is placed on permanent layoff, and transfers in! His Late Retirement Date determined under myTeleflex.com have been part of the Required Except as provided to the under... Of network and server will result in criminal prosecution on permanent layoff, and and their Beneficiaries more. # x27 ; futures by trusting your defined benefit plan administration to Aon the amount Sponsor or a Participating are. The sum of the Salaried Section3.1.3.1 or the amount Sponsor or a Participating Employer are eligible participate... Terminated plan that would have been part of the amount Sponsor or a Participating Employer are eligible to teleflex retirement support center... Greater of ( i ) the sum of the amount Sponsor or Participating.

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