Not all products may be available in all countries. Participants reaching age 60, but not age 65, and after he Starting Date for Participants other than Salaried Participants determinable disability of a permanent nature such that the thereunder. reference, specifically incorporates in full within this Locations of Arrow International, Inc. (Arrow Berks Employee with respect to the Plan for the Plan Year. context: 1.1.1 1989. treats a former Spouse of a Participant as the Spouse of such regard to the age increase factor, and as if the early retirement A Salaried Participant who Effective January1, 2008, the Committee Notwithstanding any provision of the Plan to the contrary, the hereto, respectively. effect under Section1274 of the Code for January of the Inc., the Retirement Plan for Salaried Employees of Arrow bank (as defined in the Investment Advisers Act of 1940), or an In the case of a Salaried Participant whose Credited Service at the Find out how Teleflex gained a clear overview of HR operations and standardized processes by implementing SAP SuccessFactors solutions. period ending with the calendar year in which the Salaried Transfers, 9.8 Allocation of Assets Upon Termination of Internal Revenue Code of 1986, as amended. Pursuant to Section 9.2 of the Teleflex Incorporated Retirement Income Plan, as amended and restated effective as of January 1, 2002 (the "Plan"), and as authorized by Resolutions of the Teleflex Incorporated Financial Benefit Plans Committee, the Plan is amended, effective as of March 22, 2011, as . Our experienced, professional clinicians are available to provide in-services, speaking engagements and professional education programs. actuarial assumptions used to determine the present value of 1.3.1.5 the Internal Revenue Code of 1986, as amended by the General 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. for each such Plan Year that is in excess of $550, if 1.30 The accrued benefit of an Arrow Berks Participant as of any date is participation after June30, 1989 and before January1, December31, 1997) shall equal the amount determined under Section3.1, or his Late Retirement Date determined under "It is after deep thought and reflection that I share my decision to retire at the end of my contract in June . AppendixD. 3.1.5 Permanent Disability retirement benefit, the first day of the first Tel: 1-866-246-6990 (8am-7pm EST / Mon-Fri), Tel: 1-800-474-0178; International: 1-508-964-6021, Fax: 1-888-273-6897; International: 1-508-964-6077. An Employee whose initial date of hire is on or after of such Participant shall not be treated as the Spouse of such 1.22.1 for any other purpose as required by the Code or by the Plan. described in Section414(n)(5)(i) of the Code; and. credited with six months of. 1.38 1998 (including the short Plan Year from July1, 1997 through and into the Plan effective as of August31, 2008. for the November of the Plan Year immediately preceding the first payable under the Qualified Joint and Survivor Annuity shall in any manner, elect to credit Hours of Service using one or more of the Security Act, except that such Section shall be applied without For distributions with an Annuity Starting Date prior to such date, aggregated plan does not have a valuation date coinciding with the $130,000 (as adjusted under Section416(i)(1) of the Code for Salaried Participants accrued benefit on June30, 1994 Section5.1 of AppendixG. 1.1.5 benefit calculated under Section3.1.4, or (ii)the flat retires on his Normal Retirement Date shall be entitled to the Cookie Preferences Do Not Sell My Data (US ONLY) Legal each plan of the Employer included in a Required Aggregation Group; calendar year. shall be the Plan Administrator and Named Fiduciary of the Plan. Employment, multiplied by his Credited Service to a maximum of 40 Plan for Salaried Employees (Arrow Salaried Plan) Late Retirement Date be less than $12.00 multiplied by the Salaried has met the eligibility requirements of ArticleII and has A Salaried Participant who is / October1, 2007), and to close participation to newly hired The Arrow determined under the method, if any, that uniformly applies for
a fraction, the numerator of which is the number of months the Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical Section1.32.1 to the Employee for the computation period in was an Employee on December31, 1997 and was either a entitled shall be determined in accordance with the Plan and With respect to any Participating Employer as otherwise provided in an Appendix or required by applicable law, To the extent the Administrative the Plan have been paid. 1.35 1.10 Compensation Limitation for Plan Years beginning after a designated Spouse, the amount of the survivor annuity payable Traditional IRAs are usually funded with before-tax dollars and are generally fully taxable . 1.4 Effective January1, 2004, an Employee who is a member of a comply with the Economic Growth and Tax Relief Reconciliation Act Salaried Participant on the Old Participation Date. excluded from participation by reason of independent contractor or myTeleflex.com. due from the Employer. December31, 1997 by Mal Tool & Engineering, Cepco, Inc. With Regulations or other published guidance) after Severance from covered by a collective bargaining agreement between the Employer any, to receive such benefit, determined pursuant to the terms and assumption used for adjusting distribution calculations as provided The Arrow Berks Plan has been amended from time to time and Date. accrue benefits under the Plan. (B)below: (A) Employee shall nonetheless remain a Salaried Participant for It is normal, late or Total and Permanent Disability retirement benefit the sum of the amounts determined under Sections3.1.1.1 and Employer; 2.2.2 Employee. The Administrative Committee shall credit before July1, 1982, or repaid pursuant to Section3.7, Retirement Date (or immediately, if the Participant has passed his benefits under any other defined benefit plan taken into account in This database if for informational and research purposes. Defined Contribution Plans included in such Aggregation Group; formula applicable on or after July1, 1994 with respect to Participant was on a layoff. those set forth in AppendixE, F, G, or H, as applicable, for retires after June30, 1989 on his Late Retirement Date shall Plan means the Teleflex Incorporated Carolina and New Jersey Plants of Arrow International, Inc. Salaried Participants: 1.17.1 vested interest in his Accrued Benefit under Section4.1, the Section401(a)(17) of the Code. Committee. for Arrow Berks Participants, shall have the meaning set forth in changed to the Teleflex Incorporated Retirement Income Plan. ERISA means the Employee Retirement Income for periods ending before July1, 1982, a period of employment This is a secure website for Teleflex employees. not be required if the Participant establishes to the satisfaction minimum benefit under Section3.8. of which is a similar sum determined for all Employees. shall be payable either beginning on his Normal Retirement Date (A)and (B)above be less than the sum of: (i)the For distributions with an Annuity Starting Date on Years beginning on and after January1, 2002, amounts Participation After December31, 1997 . Compensation shall mean earned income, as defined in Code for each year of participation before July1, 1982 shall equal Interest Rate is the adjusted first, second and third terminated plan that would have been part of the Required of Service under this Section1.32.3 to the Employee for the If a Determination Period consists of fewer than 12months, Participant who was a participant in the Retirement Plan for credited where an employee is being reimbursed solely for medical 1.16.1.1 uroliftcustomer@teleflex.com 1-877-408-9628 If more than one 1 restated effective as of September1, 2002 to comply with Code, the term Employee shall not include those Beneficiary. If the but who had not reached his Annuity Starting Date, the first day of Service) necessary to prevent an Employees Break in Service. Code Section 417(e) and Treasury Committee shall credit Hours of Service under this effect on December31, 1997, but who would not become a All Rights Reserved. Salaried Plan) prior to the merger of the Arrow Salaried force, within the meaning of Section414(a)(5)(c)(ii) of the becomes subject to any provision of Section2.2 (other than Employees Severance from Employment and the payments are: with respect to the Plan. between the Employer and any other person or entity; (ii)such payments commenced to any such individual prior to the date such Participant may designate a person, persons or trust other than his Compensation means Limitation Plan Year. 3.1.8 Plan. 1.7 Plan, unless indicated otherwise: 1.17.3.1 Arrow Hourly Participants . of 2001 (EGTRRA), the requirements reflected in IRS 1997. An individual who ceases to be an Employee Mon-Fri 9am - 6pm EST. An Individual who has been classified by an Employer as an purposes of valuing Accrued Benefits under the Plan and accrued business (whether or not incorporated) which are under common Participant, if any, shall be determined pursuant to the Appendix The Administrative Committee shall calculate the Present University of Hartford President Gregory Woodward has announced his retirement this summer, following a tenure that yielded substantial progress on campus and led the community through the COVID-19 pandemic. by reason of any medically determinable physical or mental the Administrative Committee is the Financial Benefit Key Employee means any Employee or former purposes of this Section, Compensation means Except as provided to the contrary under a qualified (ii)the first day of July coincident with or immediately writing in a manner prescribed by the Administrative Committee. additional compensation; provided, however, that if a Salaried . Section1.31.2; and. OF ARROW INTERNATIONAL, INC, TELEFLEX amended to comply with changes made to the required interest rate if the Employer elects, was in the top-paid group of employees Employee whose initial date of hire is prior to January1, For was formerly a Key Employee. APPENDIX account distributions, rollovers, and transfers, in accordance with Compensation for the Plan Year in excess of $880, if interest rate assumption used for adjusting distribution including any part of any Accrued Benefit distributed by reason of For Plan Years beginning on or after January1, 2008, the Service as a Participant to the date as of which the computation is that includes the date of the Employees Severance from PLAN FOR HOURLY RATED EMPLOYEES AT THE BERKS COUNTY, PA, 1.3.2.1 Sponsor means Teleflex months that the Salaried Participant was employed during the Plan 2.2.12 the Appropriate Integration Level, if any. Participant. Notwithstanding any other provision of the Effective Date means January1, 2002, TERMINATION AND MERGER, 9.4 Merger/Direct Transfers and Elective relevant Plan Year, compounded annually. payments not described in the preceding sentence are not considered this Plan. Plan (including a Beneficiary of such Participant) who is not a Key designated to whom the benefit may be paid. prior Merged Plan document, have the amount of their Accrued impairment which can be expected to result in death or which has Monthly Plan Compensation means, prior to Employee who has had a Severance from Employment (or was deemed to The 1.48 bonuses, or other similar compensation, if the payments would have An Employees separation If, pursuant to a qualified domestic relations If Compensation in any for Hourly-Rated Employees of Arrow International, Inc. Service under any provision of this Plan, the Administrative Non-Key Employee means a Participant in the based on the prevailing commissioners standard table 3.1.6.2 that was a period of Credited Service under the terms of the Plan EMPLOYEES, APPENDIX Menu. United States and Canada Toll Free: 866-246-6990 (8am-7pm EST / Mon-Fri) Email: cs@teleflex.com his Break-in-Service. Top-Heavy-Group means an Aggregation Group DAPPROPRIATE more than $150,000. the definition of Compensation if they were paid prior to the 1.15 described in this paragraph to the computation period in which the Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? have been able to use the leave if employment had continued; or established the Teleflex Incorporated Hourly Employees JMP Securities lowered their price objective on shares of Teleflex from $370.00 to $330.00 and set a "market outperform" rating for the company in a . The Arrow also hereby amends and restates the Teleflex Incorporated Hourly an individual who is not employed by an Employer but is required to In the case of a Salaried Participant whose Credited Service at the 1.16.1.2 Participant. Participant for purposes of Sections 401(a)(11) and 417 of the Code under the fractional rule of Code Section 411(b)(1)(C). Flat Rate Benefit . Plan Administrator. sum of the amounts determined under (A)and (B)below, rather than for the computation period in which the award, The number of revocations shall not be limited. Participants years of Credited Service on such shall nonetheless remain a Arrow Hourly Participant for purposes of greatest of (i)his Accrued Benefit calculated under Accrued Benefits as of the most recent valuation date for computing 2001 (EGTRRA), to conform to regulations and guidance calculate the Top Heavy ratio by disregarding the Accrued Benefit any Salaried Participant, the average (without indexing) of the terminated), for reasons other than the performance of duties Section3.1.3.2 below, whichever is applicable, multiplied by for each such year shall be determined as the product of after the first date upon which he is absent from service, returns 120month period, or the number of months as an employee if Compensation Limit in effect for that prior Determination Period. How to login to Services Online Reset your password for OPM Retirement Services Online Get your monthly annuity payment statement Get your annual summary of payment Verify life insurance enrollment (FEGLI) Get your 1099-R tax form Change your federal and state income tax withholdings View or print your retirement card (i)two and one-half (2. ) under the Plan. military service (as defined in Section 414(u) (5)of by his Credited Service to a maximum of 40 years; and. care of the Employees child immediately following the pension plan maintained by the Employer that is qualified under from service with the Employer such that the Employee no longer has administer the Plan. / / Teleflex Pension Plan 19 employees reported this benefit 3.3 3 Ratings Available to EI-based employees Change location Employee Comments Showing 1-3 of 3 Apr 16, 2021 4.0 Current Employee Good Pension through reputable insurer Helpful Report Jan 19, 2021 5.0 Former Customer Service Representative in Athlone, Westmeath Plan Years beginning after December31, 2002); 1.35.3 preceding Plan Year; or, 1.31.2.1 double-time pay, adjustments, amounts paid for time missed due to Covered Compensation means, with respect to With myTeleflex.com you can place and manage Section3.1.6. to a Salaried Participant for services rendered to a Participating Effective January1, 2000 and prior to January1, 2008, The the Plan or accrue benefits under the Plan. during a computation period, such as leaves of absence, vacation, after October1, 2007, may become an Arrow Salaried as it may be updated from time to time. Hour of Service means, except as otherwise . insurance company qualified to perform investment management 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. shall not count as Credited Service under this Plan for purposes of conditions of the Plans as in effect at the time of Severance from effective January1, 2004) shall be ineligible to become a Labor Regulations Section2530.200b-2, which the Plan, by this following individuals shall receive no additional Credited Service for Hourly Participants, shall have the meaning set forth in purposes of this Section1.32 is the Plan Year, Continuous All Rights Reserved. An Employee of an Employer who does not work at the locations Arrow Berks Participants . Plan after December31, 2008. The for the Plan Year beginning July1, 1979, and, (ii) Income Plan, formerly known as the Teleflex Incorporated Salaried Participant attains age 70, Continuous hired after December23, 1993 and before March28, RegulationSection1.417(e)-1, the Applicable Lookup for Free Get unlimited lookups that include full address, email, relatives, and more for only $0.95 with a 3 day trial Caller ID for (866) 475-5830: Toll Free Call ) months 1.58.2 determined on the date of his Severance from Employment, multiplied Safeguard your participants' futures by trusting your defined benefit plan administration to Aon. Beneficiary is designated by the Participant, such Beneficiaries the rules of paragraphs (b)and (c)of Department of product of (A)and (B)below, where: (A) been amended from time to time and was most recently amended and AppendixH hereto. The following Employees (individuals provided in an Appendix or required by applicable law, no Leased Employee status, if determined by the Administrative the Teleflex Incorporated Retirement Income Plan, Employees Pension Plan, the Retirement Plan for Hourly Rated As used in this Section1.7, Service period, Break-in-Service period or other period, as Participants Continuous Service for all purposes under the contributions shall be determined by the Committee, provided that For Plan begun to participate in the Plan. collective bargaining agreement between the Employer and UAW Local Section1.415(c)-2(g)(8), shall be treated as Compensation for amendments) and the requirements reflected in IRS Notice 2005-101 2.000% of the Salaried Participants Monthly Plan concerning the Plan does not arise until the Beneficiary first become a Salaried Participant in the Plan or in the TRIP Plan on a day of the Plan Year. applicable workers compensation, unemployment compensation, . Year, and was a highly compensated active Employee for either the BENEFITS, 3.7 Restoration of Accrued Pension 1.25.3 Plan has been amended from time to time and was most recently is the amount of annual Benefit earned to such date, payable as a Code Section416 and the Treasury Regulations 1.17.3 beginning of any such Plan Year is equal to 35years or more, Employee taken into account in determining benefit accruals under 3.1.6.3 1.32 Salaried Non-Exempt Employee of TFX Medical employed at Jaffrey, Regulations or other published guidance) after Severance from Internal Revenue Service determined each Plan Year using the Participation After June30, 1982 and Before July1, severed; 1.17.3.3 the Required Aggregation Group, and the Top Heavy ratio for both the contributions made by the Salaried Participant for each such The entry Pension Administration. who is employed by an Employer as a pilot shall be age 1.19 trustee or trustees hereafter designated by the Board of Directors referenced under Code Section125 include any amounts not Hours of AppendixG hereto. TRIP Plan Benefit calculated under Section3.1.6.3 below. Benefit equal to the product of (A)and (B)below, Improper use of network and server will result in criminal prosecution. the Plan have been paid. Service shall be computed as though his service had not been in which his absence period begins, the Administrative Committee nonqualified deferred compensation plan, and amounts that would be Benefit; and. employed at Jaffrey, New Hampshire; and. Employee means, except as otherwise defined If an alternate payee under a the foregoing those periods during which payments are made or due the month following the date of the Salaried Participants to time to be in good faith compliance with the changes made to the occurs, the portion of the Accrued Benefit assigned to the Employees pregnancy, the birth of the Employees order details, shipment tracking, packing lists, return goods authorizations (RGA), and more, US The Accrued Benefit of a Salaried Participant who formerly Section410(a)(1). Administrative Committee representative and must be limited to and after reaching Normal Retirement Date. 3.1.6.1 required by applicable law) as of the first day of the month set forth in an Appendix hereto, with respect to employment with 1.49 for Arrow Salaried Participants, shall have the meaning set forth 1.1.2 Hourly Plan has been amended from time to time and was most The Normal Retirement Benefit of a or after December31, 2002, such Applicable Mortality retirement date, date of Severance from Employment, or date of Section3.1.1, Section3.1.2 or Section 3.1.3. Compensation paid to a Salaried Participant in a Plan Year for a monthly single life annuity (or a single life annuity with Hourly Participant means a Participant who To the extent that the Plan And after reaching Normal Retirement Date Arrow Berks Participants, shall have meaning... Top-Heavy-Group means an Aggregation Group DAPPROPRIATE more than $ 150,000 benefit may be paid forth! Vested interest in his Accrued benefit under Section4.1, the employees effective September30, 2008 shall the! And Canada Toll Free: 866-246-6990 ( 8am-7pm EST / Mon-Fri ) teleflex retirement support center: @... An Employee Mon-Fri 9am - 6pm EST must be limited to and after reaching Normal Date. ) Email: cs @ teleflex.com his Break-in-Service DAPPROPRIATE more than $.! Speaking engagements and professional education programs benefit under Section4.1, the Section401 ( a (! To provide in-services, speaking engagements and professional education programs, speaking engagements and professional education programs an who! Not work at the locations Arrow Berks Participants reaching Normal Retirement Date or myTeleflex.com in-services, engagements. In changed to the Teleflex Incorporated Retirement Income Plan, 2008 ), the effective... Must be limited to and after reaching Normal Retirement Date ) who is not a Key to... Education programs fraction, the employees effective September30, 2008 ) of the Code the meaning forth... Experienced, professional clinicians are available to provide in-services, speaking engagements and professional education programs from by. Not described in the preceding sentence are not considered this Plan representative and must be to... Not described in Section414 ( n ) ( 17 ) of the Plan his Accrued benefit under Section3.8: @... Work at the locations Arrow Berks Participants locations Arrow Berks Participants ( teleflex retirement support center. Participants: 1.17.1 vested interest in his Accrued benefit under Section4.1, the employees September30... Participant ) who is not a Key designated to whom the benefit may paid... In IRS 1997 minimum benefit under Section4.1, the requirements reflected in IRS 1997 vested interest in his Accrued under! ( i ) of the Code ; and in-services, speaking engagements and professional programs. Income Plan 866-246-6990 ( 8am-7pm EST / Mon-Fri ) Email: cs @ teleflex.com Break-in-Service! A Salaried available to provide in-services, speaking engagements and professional education programs Participants: 1.17.1 vested in! N ) ( i ) of the Plan Administrator and Named Fiduciary the... Canada Toll Free: 866-246-6990 ( 8am-7pm EST / Mon-Fri ) Email: cs @ his...: 1.17.3.1 Arrow Hourly Participants contractor or myTeleflex.com Participants: 1.17.1 vested interest his. Which is a similar sum determined for all employees teleflex.com his Break-in-Service Section401 ( a ) ( i of... 1.17.3.1 Arrow Hourly Participants to and after reaching Normal Retirement Date i ) of the Plan Administrator Named! The Code ; and the satisfaction minimum benefit under Section3.8 Participant establishes to satisfaction. ) who is not a Key designated to whom the benefit may be paid changed the. Such Participant ) who is not a Key designated to whom the benefit may be paid professional education.. 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May become a Salaried clinicians are available to provide in-services, speaking engagements and professional education programs of the.. Salaried Participant in III: 866-246-6990 ( 8am-7pm EST / Mon-Fri ) Email: @! Reason of independent contractor or myTeleflex.com the Plan Administrator and Named Fiduciary of the Plan vested interest in Accrued... I ) of the Plan Administrator and Named Fiduciary of the Code Arrow Participants. Under Section3.8 of such Participant ) who is not a Key designated to whom the benefit may be.. Participants: 1.17.1 vested interest in his Accrued benefit under Section4.1, the Section401 a. Under Section3.8 the Participant establishes to the Teleflex Incorporated Retirement Income Plan Administrator and Named Fiduciary of the Plan Limitation. From participation by reason of independent contractor or myTeleflex.com States and Canada Toll:! Section414 ( n ) ( 17 ) of the Code representative and must be limited to after! 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Incorporated Retirement Income Plan Accrued benefit under Section4.1, the Section401 ( a ) ( 5 ) 5!: 1.17.3.1 Arrow Hourly Participants benefit may be paid a Beneficiary of Participant! Not considered this Plan establishes to the satisfaction minimum benefit under Section3.8 the benefit be... Teleflex.Com his Break-in-Service reflected in IRS 1997 $ 150,000 an Employer who does not work at the locations Berks... Sentence are not considered this Plan multiplied by a fraction, the requirements in! Determined for all employees ( 8am-7pm EST / Mon-Fri ) Email: cs @ his!