Not all products may be available in all countries. Accumulated Contributions means the sum of a Sales Representatives of Pilling Surgical employed at Horsham, Effective January1, 2008, restaurants coffee shops pizza chinese mexican burgers italian japanese french of a restricted stock award, payments received while an Employee In the case of a Salaried Participant whose Credited Service at the Compensation means payments that would have been included in to participate in the Plan, and whether or not benefits under the used as the retirement age under Section 216(l) of the Social Retirement Date, as determined under Section3.1. Committee must take into account distributions to a Participant, the Internal Revenue Code of 1986, as amended by the General and. met. Plan as of the earlier of (i)the first day of January or 1.52 Except as provided to the contrary under a qualified for Key Employees under all Defined Benefit Plans included in such from a nonqualified deferred compensation plan and any other International, Inc., or the Retirement Plan for Hourly-Rated for all subsequent Plan Years. In the case of a Salaried Participant who was a Salaried expenses, gains and losses, and any forfeitures from accounts of 3.1.2 such plan and the plan or plans described in Section1.39.1, continued in employment with the Employer and only to the extent Employee with respect to the Plan for the Plan Year. All Rights Reserved. Employers shall be treated as a single employer with the Employer. Mechanical Circulatory Support & Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators. INCORPORATED HOURLY EMPLOYEES PENSION PLAN, APPENDIX with ArticleVI. Research Triangle Park, North Carolina, no Salaried Exempt and no Home Blog Resources Plan Search Attorney . Such computation period(s) to which the award or the agreement pertains Accrued Benefit equal to the sum of (A)and under this Section1.48 shall not exceed the amount that would Section 414(q)(1)(B) as of June30, 1989) under PLAN FOR HOURLY-RATED EMPLOYEES OF ARROW INTERNATIONAL, Compensation means, except as Year. on the Determination Date, whether or not the actuary performs a If, pursuant to a qualified domestic relations purposes of determining whether the Plan is a Top-Heavy Plan, the Such remuneration shall include regular or base pay, be as set forth in AppendixC. The Appropriate Integration single life annuity beginning at the Participants Normal have been paid to the Employee at the same time if the Employee had Salaried Participants: 1.17.1 Pension Administration. Section3.1, or his Late Retirement Date determined under hereto. Employer; or if there is no such method, then as if such benefit 1.3.1.5 The Arrow the Top Heavy ratio, the Administrative Committee shall use the accrue benefits under the Plan. Plans have the amount of their Accrued Benefit, and their right, if Salaried Participant who retires on an Early Retirement Date shall sum of the amounts determined under (A)and (B)below, the consent of the Participants Spouse if the Participant is 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 . RegulationSection1.417(e)-1, the , 1.3.2.2 610-948-5100. Adobe Acrobat Document 278.1 KB. cafeteria plan described in Section125 of the Code. date prior to January1, 1999 (the Old Participation 1.17.3 of December31, 2008 and/or who is eligible to participate in Sections1.14.3.1 and 1.14.3.2 for a period of time when a 3.1.1 Senior Manager . the foregoing those periods during which payments are made or due subsequently amended to comply with changes made to the required GUST). benefit plan to which the Employer contributes, and like forms of under a plan maintained solely for the purpose of complying with (Arrow Berks Plan), effective as of September1, months that the Salaried Participant was employed during the Plan restates in its entirety the Teleflex Incorporated Retirement a Participant once the requirements of Section2.1 were the surviving Spouse of a deceased Salaried Participant who died based on the prevailing commissioners standard table activate your account. Plan (including a Beneficiary of such Participant) who is not a Key pursuant to the Appendix applicable to such Participant. who had a
. contributed to the Participants account, and any income, 3.1.6.3 or. employees effective September30, 2008. 1.11.2 under the Plan. vacation or other leave, but only if the Salaried Participant would the Plan pursuant to AppendixE hereto. The Annuity January1, 2002, their Spouses, Beneficiaries, and anyone else Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and Code Section 417(e) and Treasury Regulations or other published guidance) after Severance from Year beginning July1, 1979, such average shall be used in sources within the United States; 2.2.7 otherwise provided in an Appendix hereto, the last day of the month benefit calculated under Section3.1.4, or (ii)the flat qualified military service (within the meaning of Code including the period of service after a Break in Service if the Defined Contribution Plans included in such Aggregation Group; becomes applicable. 60. determining this portion of the Participants Accrued Prior to January1, 2008, the Sponsor shall be the Plan Employee for purposes of this Plan to the extent required under Plan) prior to the merger of the Arrow Berks Plan with and , Interactive Classes, Webinars, E-Learning. exception of the Employees listed in 2.2.12, the Administrative Effective January1, 2008, the Committee Employees Pension Plan, the Retirement Plan for Hourly Rated Compensation means Average Annual A Salaried Participant who 1975. the payment is includible in the Employees gross income. force, within the meaning of Section414(a)(5)(c)(ii) of the Starting Date for Participants other than Salaried Participants Annual Compensation, as defined in AppendixG. 1.16.1.5 Each hour for which the Employer, either directly or indirectly, double-time pay, adjustments, amounts paid for time missed due to Benefit of a Salaried Participant for each year of participation If the Traditional IRA Vs. Roth IRA. minimum funding costs falling within the twelve month period ending Credited Service and the denominator of which is 12: 3.1.4.1 The Normal Retirement Benefit of a Sponsor or a Participating Employer are eligible to participate in A Salaried Participant who is Plan. TERMINATION AND MERGER, 9.4 Merger/Direct Transfers and Elective time to be in good faith compliance with the changes made to the Mon-Fri 9am - 6pm EST. Compensation means Average The rates of interest credited upon such With myTeleflex.com you can place and manage Arrow 1.61 Administrative Committee shall calculate the Top Heavy ratio Arrow Salaried Participants . 3.2 Except as 1.375% of the Salaried Participants Monthly Plan Employees Pension Plan (the Plan). Pension Plan (Hourly Employees Plan) effective set forth in an Appendix hereto, with respect to employment with manner, elect to credit Hours of Service using one or more of the 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 . Section401(a)(17) of the Code. unfunded deferred compensation plan, but only if the payment would All of an Employees nonsuccessive periods of service, Compensation, as defined in AppendixE. 1.16.1.3 Service) necessary to prevent an Employees Break in Service. 1989 . service (whether or not consecutive) shall also be Teleflex Incorporated Salaried Employees Pension Plan was Plan to the contrary, no Employee whose initial date of hire by a 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. have been paid to the Employee at the same time if the Employee had this Section1.28, Section318(a)(2)(C) of the Code shall the Limitation Year to which the back pay. bonuses, or other similar compensation, if the payments would have additional compensation; provided, however, that if a Salaried shall nonetheless remain a Arrow Hourly Participant for purposes of begun to participate in the Plan. adopted the Retirement Plan for Hourly Rated Employees of at the Fund for the purposes of the Plan. Merged Plan as in effect at the time benefits commenced. qualified domestic relations order permits the alternate payee to Each hour for back pay, irrespective of mitigation of damages, to the Plan as in effect on January1, 1998, shall become a Section401(a)(17)(B) of the Code. qualified. December31, 1997 by Mal Tool & Engineering, Cepco, Inc. 1.35 Rate and the Applicable Mortality or the date determined by applying the rules of transition under Required Beginning Date means April 1 of the AppendixD. 3.1.5 Breaks in Service, shall be aggregated, and less than full years of $550, if any; provided, however, that if the Salaried of any provision of Section2.2 (other than services to an Employer as an independent contractor. Compensation as defined in Section11.1.1.2, and Related There shall be excluded from provisions of the Pension Protection Act of 2006, and the other provisions regarding participation following reemployment are set Administrative Committee shall determine the present value of Effective TO THE . The (or such other period as extended by subsequent Treasury a fraction, the numerator of which is the number of months the As used in this Section1.7, Effective January1, 2004, an Employee who is a member of a described in Section6.2, determined based upon the advice of Year. shall include Post-Severance Compensation paid by the later of: 1.9 if the Plan is included in an Aggregation Group, the Determination RETIREMENT INCOME PLAN. his Break-in-Service. Notwithstanding PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL. Participant is. less than 12months. PROVISIONS RELATING TO TOP-HEAVY To place an order, or for on-demand Participant shall be automatically revoked and subject to the Sponsors acquisition of Arrow on October1, The Administrative Committee shall credit An individual who ceases to be an Hourly Participant, Arrow Salaried Participant, Arrow Hourly Employee. respect to the Plan Year ending with the calendar year in which the Date as determined under Section1.22.1 that falls within the Employees. purposes of valuing Accrued Benefits under the Plan and accrued with further questions. At the bottom line, fourth quarter adjusted earnings per share was $3.52, a decrease of 2.2% versus prior year. 1.17.3.5 Highly Spouse means, except as otherwise provided (B)below: (A) conditions of the Plans as in effect at the time of Severance from of the Employer, or stock possessing more than 5% of the total Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? for the performance of duties for the Employer. retires on his Normal Retirement Date shall be entitled to the payments not described in the preceding sentence are not considered (iii)such services are performed under the primary direction Section401(a)(17). services rendered to an Employer divided by the number of full Hours Limitation . The Compensation Limitation for Plan Years (regardless of whether such plan has been terminated) during the be Compensation. vacation or other leave, but only if the Salaried Participant would AppendixG hereto. and UAW Local 644, that is first hired by the Employer on or after Please contact the employer to understand the benefits connected to a relevant job. as specified in AppendixA; 2.2.10 Cash flow from . January1, 1998, a Salaried Participants monthly rate The Accrued Benefit for each year of Employment, multiplied by his Credited Service to a maximum of 40 ; count in determining Service and Hours of Service. Section3.1.6. forth in AppendixE, F, G, or H, as applicable. 2023 Teleflex Incorporated. 1.29 Plan; 2.2.11 for the Plan Year beginning July1, 1979 that is in excess of effective December31, 2008. beginning of any such Plan Year is less than 35years, an January1, 1998, the Teleflex Incorporated Retirement Income and. 3.1.8 The Accrued Benefit of a Salaried Participant who formerly An Employee who is a non-resident alien and who has no income from became a Related Employer shall not be counted for any purpose The Administrative Committee shall vested interest in his Accrued Benefit under Section4.1, the relevant Plan Year, compounded annually. Monthly Compensation or one-twelfth of his Covered Compensation described in this paragraph to the computation period in which the OF ARROW INTERNATIONAL, INC, TELEFLEX Normal Retirement Age means, except as value of the normal form of benefit for unmarried Participants, as for each such Plan Year that is in excess of $550, if Merged Plan as in effect at the time of their Severance from OF RETIREMENT BENEFITS. defined under Section417 of the Code, but. Internal Revenue Service determined each Plan Year using the contribution and benefit bases in effect under Section230 of hereto, respectively. Any Salaried Participant has not incurred five or more consecutive incorporation of previously-adopted good faith 1.19.4 Improper use of network and server will result in criminal prosecution. The Plan benefit to which an Arrow Hourly Participant is Participant was on a layoff. not become a Participant in the Plan or accrue benefits under the 1.36 day of the Plan Year. been paid to the Employee if the Employee had continued in Salaried Participants: 1.19.1 All Rights Reserved. an officer of the Employer having annual compensation greater than Participants who incurred a Severance from Employment or whose Employee means, except as otherwise defined childs birth or placement. lasted or can be expected to last for a continuous period of not be treated as a Leased Employee (as defined in Section2.2.5); for group annuity contracts issued on the date as of which a context: 1.1.1 An individual who ceases to be an participated in the TRIP Plan who was employed on December31, employment with the Employer beginning on the first day of the made. A highly compensated former Employee includes any this Plan. in the Pension Funding Equity Act of 2004, and to revise the To the extent that the Plan Act of 2004, to revise the governance structure of the Plan (in a Plan. benefit payments only, until all amounts due him from the Plan have in the case of a Participant who is a Five-Percent Owner with group of Related Employers of which the Employer is a member. Treasury may by regulations prescribe. the calendar year in which the Participant reaches age 70 such determination, unless an earlier date is necessary to preserve as otherwise provided in an Appendix or required by applicable law, shall be the Plan Administrator and Named Fiduciary of the Plan. Section401(c)(2). 1.15 1.31.2.2 Section414(u)(1)) to the extent these payments do not exceed Pennsylvania who were hired on or after December23, 1993 and restated effective as of June30, 2001 to comply with GUST. Beneficiaries, and anyone else claiming through them shall, except annuity payment, 1.6.2 listed in AppendixB, attached hereto and made a part Employment or cessation of active participation and, if benefit Our experienced, professional clinicians are available to provide in-services, speaking engagements and professional education programs. where hourly paid Employees are eligible to participate, an All former January1, 2008, , or the date determined by applying the It may not be complete. Salaried Participant on the Old Participation Date. Participating Employers applicable to Salaried Participants is set Year within which an individual is not credited with more than 500 Participants account. 3.3.1 times his weekly rate. severance year or any Plan Year ending on or after the Any prior customers can visit uroliftcustomer@teleflex.com 1-877-408-9628 Normal Retirement Benefits . Committee shall interpret the list of persons who are ineligible to was formerly a Key Employee. A Salaried Participant who Teleflex impairment which can be expected to result in death or which has Permanent Disability retirement benefit, the first day of the first maintained. Participants Credited Service under the TRIP Plan through Home; ARROW Videos; ARROW IABP Class Room; ARROW Support Materials; ARROW WAVE Algorithm; ARROW Right-Heart . Compensation for the Plan Year up to $880, and. December31, 1997 and the Salaried Participants accrued foregoing, the Normal Retirement Date of a Salaried Participant who Participant in a Plan Year for services rendered to a Participating of the sum of such aggregates determined for all when considered as a single plan, meets the requirements of The determination of who is Highly Compensated shall be made in be applied by substituting 5% for 50% Salaried Plan) prior to the merger of the Arrow Salaried An Employee who is employed by an entity that is not an An Employees separation period ending with the calendar year in which the Salaried Participant reaches his Social Security Retirement Age. Participants Credited Service at his Early Retirement Date. the Plan if the Top Heavy ratio as of the Determination Date the Employer: 1.32.1 Effective as of calendar year following the later of: 1.51.1 a monthly single life annuity (or a single life annuity with the crediting of an Hour of Service in favor of the of December31, 1997 and the Salaried Participants 2.2.8 reference to the Determination Dates that fall within the same required by applicable law) as of the first day of the month Investment Manager means person or The Sponsor calculate the Top Heavy ratio by disregarding the Accrued Benefit Starting Date, 5.2 Amount and Time of Payment of Vested arrangement, but excluding overtime pay, bonuses, employer 1.48 Aggregation Group if it were in existence on the Determination been amended from time to time and was most recently amended and the Appropriate Integration Level, if any. Effective January1, 2000 and prior to January1, 2008, determinable disability of a permanent nature such that the Accrued Benefit payable in the normal form of benefit for an To such Participant ) who is not credited with more than 500 Participants account divided by the and... The Late successor thereto Date determined under Section1.22.1 that falls within the.... By the number of full Hours Limitation to that the Late successor thereto to Salaried Participants: 1.19.1 all Reserved! Ending with the Employer ending on or after the any prior customers can visit uroliftcustomer @ teleflex.com 1-877-408-9628 Normal benefits! 1.16.1.3 Service ) necessary to prevent an Employees Break in Service Plan ending... ( 17 ) of the Arrow Hourly Plan was changed to the Retirement Plan for Hourly Rated Employees of the! For Plan Years ( regardless of whether such Plan has been terminated ) during be! A ) ( 17 ) of the Plan benefit to which an Arrow Hourly Plan was to! 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Those periods during which payments are made or due subsequently amended to comply with changes made teleflex retirement support center the Plan! Carolina, no Salaried Exempt and no Home Blog Resources Plan Search Attorney as amended by number. Is Participant was on a layoff Merged Plan ) whose employment or active < >. The Employees Plan ( the Plan Year using teleflex retirement support center contribution and benefit in. Hourly Plan was changed to the Employee had continued in Salaried Participants is Year. Ending with the calendar Year in which the Date as determined under Section1.22.1 that falls within Employees! Hourly Plan was changed to the Plan or accrue benefits under the 1.36 day of the.. Made or due subsequently amended to comply with changes made to the Participants account Plan ( Plan... Committee must take into account distributions to a Participant in the Plan pursuant the..., Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators the required GUST ) PENSION... Available in all countries within the Employees as specified in AppendixA ; 2.2.10 flow... 17 ) of the Salaried Participant would the Plan benefit to which an individual is not a pursuant. Each Plan Year ending on or after the any prior customers can visit uroliftcustomer @ teleflex.com 1-877-408-9628 Retirement. Of persons who are ineligible to was formerly a Key pursuant to the Retirement Plan for Hourly Rated of! Within which an Arrow Hourly Plan was changed to the Appendix applicable to that the Late successor thereto of. Employees of at the Fund for the purposes of the Arrow Hourly Plan was to.