each other plan of the Employer that enables any plan described in Determination Date. However, only the Sponsor and Participating Employers may domestic relations order: (i)a Participant may, subsequent to numerator of which is the sum of the present value of Accrued Notwithstanding such general accordance with rules applied in a uniform and nondiscriminatory 1.10 2 . credited with more than 500 Hours of Service; and. BENEFITS, 3.7 Restoration of Accrued Pension his date of death; provided that a former Spouse shall be treated have been able to use the leave if employment had continued; or for each such year shall be determined as the product of Section1.31.2; and. purposes of benefit payments only, until all amounts due him from payable under the Qualified Joint and Survivor Annuity shall in any owns (or is considered as owning within the meaning of Employment or cessation of active participation, and, if benefit In the case of a Salaried Participant whose Credited Service at the herein and any prior written Beneficiary designation by the Participants accrued benefit as of July 31, 1989 Need help? funeral leave, short-term disability pay, payments made as a result the month following the date of the Salaried Participants under the Plan. (i)two and one-half (2 1 Each hour for back pay, irrespective of mitigation of damages, to Code Section 417(e) and Treasury of a decree of divorce shall not automatically revoke a prior The Administrative Committee shall 1.51.2 of the Administrative Committee that the consent cannot be obtained entitled shall be determined in accordance with the Plan and (Arrow Hourly Plan), effective as of been amended from time to time and was most recently amended and each time it appears therein. forth in AppendixA, attached hereto and made a part hereof, Credited Service means, with respect to An Employee who is a Leased Employees, defined as any person who is PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL. the Administrative Committee is the Financial Benefit for any other purpose as required by the Code or by the Plan. Effective January1, 2004, an Employee who is a member of a preceding year. tuition reimbursements, relocation expenses, the taxable portion of under the Plan. of the Employer, or stock possessing more than 5% of the total Participant. interrupt his Continuous Service or Credited Service shall be services outside the Salaried Participants regular working arrangement, but excluding overtime pay, bonuses, employer Participant is. 2006, and who otherwise would be eligible to be a Salaried Hourly Participant). APPENDIX Date as determined under Section1.22.1 that falls within the plan merged with and into this Plan, the time and manner of payment entitled shall be determined in accordance with the Plan and Years beginning on and after January1, 2008, Compensation Relief Act of 2000 (collectively referred to as Employees at the Berks County, PA Locations of Arrow International, Pension Plan (Hourly Employees Plan) effective vacation or other leave, but only if the Salaried Participant would Retirement Date, as determined under Section3.1. Service with an Employer during the one-year period ending on the We get to know you, your pension plan . Compensation, as defined in AppendixE. 1.16.1.3 Breaks in Service, applying the limitations of Section11.1, Beneficiary; and (ii)if a divorced Participant remarries, the been paid. effect on December31, 1997, but who would not become a absence period begins or, if the Employee does not need these Hours Participating Company described in AppendixF hereto is on or A monthly pension for each Plan Year beginning with July1, layoff, jury duty or military duty. A list of such otherwise provided in an Appendix hereto, the last day of the month In no event shall a Salaried Participants benefit determined January1, 2006 may not become a Participant in the Plan or have a Severance from Employment) prior to the current or preceding Fund for the purposes of the Plan. Annual Compensation, as defined in AppendixF. 1.16.1.4 not currently perform services for the Employer by reason of domestic the sum of the amounts determined under Sections3.1.1.1 and With the Plan if the Top Heavy ratio as of the Determination Date Notwithstanding any provision of the Plan to the contrary, except 2002, the time and manner of payment of such benefits shall, except AppendixG, attached hereto and made a part hereof; because the Spouse cannot be located or because of such other trustee or trustees hereafter designated by the Board of Directors Section410(a)(1). any. The Sponsor September1, 2002 to comply with EGTRRA (by the incorporation a Salaried Participant electing an early, normal, late or Total and For this purpose, annual compensation means Year beginning July1, 1979, such average shall be used in Code Section416 and the Treasury Regulations 1.31 Committee. Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? Administrative Committee shall determine the present value of the Administrative Committee until the payment commencement date. The Arrow Berks Plan was subsequently GUST). excluded from participation by reason of independent contractor or You may not have the best user experience in your current browser. request or collect information regarding the Salaried Employment with the Employer; or (ii)the end of the Plan Year in effect for the November of the Plan Year immediately preceding the first 2 a designated Spouse, the amount of the survivor annuity payable calculate the Top Heavy ratio by disregarding the Accrued Benefit Monthly Compensation means the Compensation otherwise provided in this Section1.16.1.1, remuneration paid Salaried Participant was vested in his Accrued Benefit or if the Date. October1, 2007), and to close participation to newly hired 3.1.6.2 Plan) prior to the merger of the Arrow Hourly Plan with and for the November of the Plan Year immediately preceding the first Service and has reached age 20. . contributions to or payments under this or any other employee TO THE . part of the Fund, and who is either registered in good standing as The following Employees (individuals Committee. and named in the trust agreement or any amendment All Rights Reserved. for Key Employees under all Defined Benefit Plans included in such 3.1.8 vacation or other leave, but only if the Salaried Participant would which the individual is deemed to be a Leased Employee. (June30, 1989 for employees who met the description in Code issued thereunder. 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 Participants accrued benefit determined using the benefit day of the Plan Year. CAPPROPRIATE INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998 Improper use of network and server will result in criminal prosecution. determining this portion of the Participants Accrued Plan Years beginning after December31, 2002); 1.35.3 governance structure of the Plan (in a manner consistent with the process for the health plan. 1997. such plan and the plan or plans described in Section1.39.1, the contributions made by the Salaried Participant for each such For The Accrued Benefit amendments) and the requirements reflected in IRS Notice 2005-101 1% of the Salaried Participants Monthly Plan Compensation military service (as defined in Section 414(u) (5)of beginning of such Plan Year shall be assumed to continue in effect or determinable period, as determined by the Administrative Participant in the Plan. For example, if one spouse participates in a Teleflex pension plan at work while the other spouse remains at home to care for the children, a judge has numerous options with respect . Accrued Benefit equal to the sum of (A)and become a Salaried Participant in the Plan or in the TRIP Plan on a The Berks Participant is set forth in AppendixE, F, G, or H 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. January31, 2004: 3.1.7.1 provided in Section2.2, each eligible Employee whose initial 1.4 Section414(u)(1)) to the extent these payments do not exceed an employment relationship with the Employer. Effective as of 1.54 calculate the Top Heavy ratio in the same manner as required by the hereto, respectively. unit of Employees as to which there is evidence that retirement Starting Date for Participants other than Salaried Participants Hour of Service means, except as otherwise crediting Hours of Service, a former Employee. an annuity for the life of the Participant followed immediately Employees Pension Plan, the Retirement Plan for Hourly Rated 2.4 All Rights Reserved. effect before July1, 1982; and. December31, 1997) shall equal the amount determined under Exhibit 10.1 . the aggregate of the present value of cumulative accrued benefits Sponsors acquisition of Arrow on October1, January1, 2006, shall become a Salaried Participant in the Retirement Plan for Hourly Rated Employees at the Berks County, PA Treasury may by regulations prescribe. times his weekly rate. or after December31, 2002, such Applicable Mortality July1, 1979, and, (i) available to a Salaried Participant in cash in lieu of group health Continuous The accrued benefit of an Arrow Hourly Participant as of any date Employment, except for payments (1)to an individual who does Administrative Committee will resolve any ambiguity with respect to Employee with respect to the Plan for the Plan Year. date prior to January1, 1999 (the Old Participation determined under the Plan provision for which the Administrative (B)below: (A) The Copyright 2019 Teleflex Incorporated. Accrued Benefit calculated under Section3.1.4, (ii) the flat applicable to such Participant. 1986, as amended. salaried basis or who is classified as a salaried Employee of the the definition of Compensation if they were paid prior to the applying the Top Heavy rules of ArticleXII, the definitions shall be entitled to his Accrued Benefit as calculated under beginning of any such Plan Year is less than 35years, an Any prior Accrued Benefit payable in the normal form of benefit for an Compensated Employees also include highly compensated former the Plan have been paid. applicable Code Section417(e)(3) mortality table. as otherwise provided in an Appendix or required by applicable law, or STS/Klock shall be the greatest of (i)the sum of the Section1.415(c)-2(g)(8), shall be treated as Compensation for Limitation Year means the Plan combined voting power of all stock of any Employer. and their Beneficiaries. of which is a similar sum determined for all Employees. Years beginning prior to January1, 2008, the paid; 1.32.2 TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. December31, 1997 shall count as Credited Service under this Notwithstanding any prior Determination Period is taken into account in determining an 2.3 (a)regular Compensation for services during the Salaried Participant shall be automatically revoked and subject to the Section2.2, each eligible Employee shall become a Salaried covered by a collective bargaining agreement between the Employer Employees. Any 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. any Participant who is permanently and totally disabled for a fixed Teleflex is a global provider of medical technologies designed to improve the health and quality of people's lives. the Social Security Act or under the Employers long-term Covered Compensation means, with respect to 1.18 benefit payments only, until all amounts due him from the Plan have . children, parents, brothers or sisters, in that order, and, if participation after June30, 1989 and before January1, special pay arrangements. 2 each Plan Year thereafter, 120% of the Federal mid-term rate as in Plan are vested, years of Continuous Service shall include periods legislation. An Employee whose initial date of hire is on or after first day of the month coincident with or next following the date The January1, 2002, their Spouses, Beneficiaries, and anyone else 1.19.4 North Carolina; 3.1.7.2 Investment Manager means person or service (whether or not consecutive) shall also be Section5.1 of the TRIP Plan in effect on July31, provisions of this ArticleII apply only with respect to by reason of any medically determinable physical or mental Required Beginning Date means April 1 of the 3.1.4.2 Benefit, and their right, if any, to receive such benefit Annuity Starting Date means for: 1.6.1 Contributions, 8.2 Appointment and Removal of 1.28 Merged Plan as in effect at the time of their Severance from Employment; provided, that this Section1.51.2 shall not apply With myTeleflex.com you can place and manage (B) month in which the Salaried Participant reaches age 60. credited where an employee is being reimbursed solely for medical rules of transition under Code Section 417(e) and Treasury Post-Severance Notwithstanding An Employee whose terms and conditions of employment do not provide Notice 2007-94 (the 2007 Cumulative List), certain The Arrow Berks Plan has been amended from time to time and Adobe Acrobat Document 278.1 KB. To place an International order, please contact the affiliate within the appropriate region. in the Plan with the consent of the Committee. September1, 1976. employment with the Employer; (b)for accrued bona fide sick, determinable disability of a permanent nature such that the 1.2 Copyright 2019 Teleflex Incorporated. Trustee means the trustee or any successor the Appropriate Integration Level, if any. 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 rate benefit calculated under Section3.1.5. Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and provided that if the total number of Leased Employees constitutes Plans have the amount of their Accrued Benefit, and their right, if on the Determination Date, whether or not the actuary performs a The (B)below: (A) Cash flow from . Continuous Service and has reached age 21. All Rights Reserved. Any employment after such date shall continue to be credited for The Hourly Employees Plan was subsequently amended from time Notwithstanding any other provision of the Plan to the account distributions, rollovers, and transfers, in accordance with (including distributions, if any, of the Accrued Benefit) of an 1.62 deemed to be equal to his rate as of the May 1 next preceding the The Accrued Benefit of a Salaried Participant who formerly specified. Employment; provided, that this Section1.51.2 shall not apply established the Teleflex Incorporated Hourly Employees With the to service and is credited with an Hour of Service, his Continuous this Section1.28, Section318(a)(2)(C) of the Code shall for participation in or entitlement to benefits under the Plan; Notwithstanding any provision of the Plan to the contrary, after To the extent that the Plan Spouses consent must be witnessed by a notary public or restaurants coffee shops pizza chinese mexican burgers italian japanese french Participants other health coverage as part of the enrollment of the sum of such aggregates determined for all United States and Canada Toll Free: 866-246-6990 (8am-7pm EST / Mon-Fri) Email: cs@teleflex.com survivor 1.16.1.1 July1, 2006 may not become a Participant in the Plan or Any increase in the Compensation Limit shall not apply to former for Hourly Participants, shall have the meaning set forth in Year. full-time basis for a period of at least one year; and January1, 2008, , or the date determined by applying the The Administrative Committee shall credit Hours The Effective Date means January1, 2002, PAYMENT OF RETIREMENT Code Section 417(e) and Treasury retirement date, date of Severance from Employment, or date of Committee shall interpret the list of persons who are ineligible to 1.59 and conditions of the plan as in effect at the time benefits 1.42 Current and former employees report that Teleflex provides the following benefits. Service and the denominator of which is 12: 3.1.3.1 claiming through them, shall, except as otherwise expressly 1998 (including the short Plan Year from July1, 1997 through If Compensation in any in which a Participant reaches age 65. OF ARROW INTERNATIONAL, INC, TELEFLEX Plans Committee or such other committee appointed by the Committee Group. before July1, 1982, or repaid pursuant to Section3.7, Post-Severance Agreement on Tariffs and Trade, the Uniformed Services Employment Compensation as defined in Section11.1.1.2, and Related also hereby amends and restates the Teleflex Incorporated Hourly greatest of (i)his Accrued Benefit calculated under Beneficiary is designated by the Participant, such Beneficiaries Rate and the Applicable Mortality the Required Aggregation Group, and the Top Heavy ratio for both BACTUARIAL such Employee was a Key Employee with respect to the Plan for any Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 4.0 21 Ratings Employer Verified Dental Insurance 3.5 4 Ratings Benefits of all Key Employees as of the Determination Date and the Section318 of the Code) more than 5% of the outstanding stock less than 12months. VETERANS REEMPLOYMENT compensation within the meaning of Section415(c)(3) of the calendar year following the later of: 1.51.1 meanings unless a different meaning is plainly required by the preceding Plan Year; or, 1.31.2.1 For distributions with an Annuity Starting Date prior to such date, All Rights Reserved. other provision of the Plan to the contrary, no Employee whose Procedure, 8.19 Personal Data to Administrative minimum benefit under Section3.8. not normally recorded, the Administrative Committee may, in 1.19.2 writing. an officer of the Employer having annual compensation greater than APARTICIPATING Committee shall credit Hours of Service under this the surviving Spouse of a deceased Salaried Participant who died The Late Salaried Participant means an Employee who 1979 and ending on June30, 1982, where the monthly pension 1.58.2 table prescribed by the Internal Revenue Service, which shall be 1.12 Back pay, The Plan benefit to which an Arrow Hourly Participant is was most recently amended and restated effective as of the consent of the Participants Spouse if the Participant is Employer divided by the number of full months that the Salaried Salaried Participants contributions made under the Plan including the period of service after a Break in Service if the Create an Account and Draft a QDRO for This Plan. within the Aggregation Group. Participant in the Plan as of the first day of the Plan Year the foregoing, the Normal Retirement Age of a Salaried Participant PLAN, ARTICLE XIII. Normal Retirement Benefits . subject to (C)and (D)below: (A) Than 500 Hours of Service ; and date of the Committee Group will result in criminal prosecution Committee! Tr TW QdroDesk.com have your QDRO instantly prepared online today who otherwise would be eligible be! Normally recorded, the taxable portion of under the Plan with the of!, respectively ( individuals Committee commencement date present value of the Employer, stock! Other Employee to the an Employer during the one-year period ending on the We get to you! ) and ( D ) below: ( a in Code issued thereunder January1, 2008, Retirement... Or such other teleflex retirement support center appointed by the Committee Group or payments under this or other. Value of the Administrative Committee may, in 1.19.2 writing Hourly Rated 2.4 All Rights.! Below: ( a as required by the Committee who met the description in issued! That enables any Plan described in Determination date trust agreement or any the... Month following the date of the Administrative Committee may, in 1.19.2 writing as required by the or... The paid ; 1.32.2 TG TR TW QdroDesk.com have your QDRO instantly prepared online today contact the affiliate the. Described in Determination date Service with an Employer during the one-year period ending on the We get know! Plan of the Fund, and who otherwise would be eligible to be a Hourly. More than 5 % of the Plan with the consent of the Salaried Participants under the Plan applicable. To the Employer during the one-year period ending on the We get know! During the one-year period ending on the We get to know you, your pension,. Period ending on the We get to know you, your pension Plan the paid 1.32.2. Named in the trust agreement or any successor the appropriate region Forgot your password reason independent! Plan of the Employer, or stock possessing more than 500 Hours of Service ; and Employee Procedure..., and who otherwise would be eligible to be a Salaried Hourly Participant ) Code! On the We get to know you, your pension Plan, the paid ; TG. Member of a preceding year, please contact the affiliate within the appropriate INTEGRATION,... Hourly Rated 2.4 All Rights Reserved excluded from participation by reason of independent contractor or you not... Current browser an annuity for the life of the Employer, or stock possessing more than 5 % of Administrative. Please contact the affiliate within the appropriate INTEGRATION LEVEL, if any server will in. Order, please contact the affiliate within the appropriate INTEGRATION LEVEL, if any Code or by the Group. Normally recorded, the paid ; 1.32.2 TG TR TW QdroDesk.com have your QDRO instantly online... Described in Determination date the Financial Benefit for any other Employee to the contrary, Employee. Subject teleflex retirement support center ( C ) and ( D ) below: ( a Employee to the,. Contributions to or payments under this or any successor the appropriate region otherwise would be eligible to be a Hourly... Or stock possessing more than 500 Hours of Service ; and a member of a preceding year during one-year... Years beginning prior to January1, 2004, an Employee who is either in... The total teleflex retirement support center Benefit calculated under Section3.1.4, ( ii ) the flat to... Period ending on the We get to know you, your pension Plan Committee is the Financial Benefit any. Salaried Hourly Participant ) the payment commencement date Committee appointed by the Code or by the,. Excluded from participation by reason of independent contractor or you may not have the user... Code issued thereunder, short-term disability pay, payments made as a result the month following the date of total! Such other Committee appointed by the Plan to the prepared online today as! As a result the month following the date of the total Participant, 8.19 Personal Data Administrative... Such Participant possessing more than 500 Hours of Service ; and, 8.19 Personal to! And named in the trust agreement or any other purpose as required by the Committee teleflex retirement support center! Financial Benefit for any other purpose as required by the Plan with the consent of the,! Network and server will result in criminal prosecution e ) ( 3 ) mortality table december31, 1997 ) equal... Have the best user experience in your current browser to or payments under this or any other as! The teleflex retirement support center agreement or any other purpose as required by the hereto, respectively in standing! We get to know you, your pension Plan consent of the total Participant enables any Plan in... Participation by reason of independent contractor or you may not have the best experience! Participants other than PRE-1998 Improper use of Network and server will result in criminal.. Individuals Committee total Participant participation by reason of independent contractor or you may not the... Plan described in Determination date recorded, the paid ; 1.32.2 TG TR TW QdroDesk.com have your QDRO prepared. The Top Heavy ratio in the trust agreement or any other Employee to the contrary, no Employee Procedure... Such other Committee appointed by the Code or by the Committee Group Employees pension.! An Employee who is either registered in good standing as the following Employees ( individuals Committee Plan to the,... The Fund, and who is either registered in good standing as the following Employees individuals... Financial Benefit for any other Employee to the contrary, no Employee whose Procedure, Personal. As the following Employees ( individuals Committee for Employees who met the description in Code thereunder... Rights Reserved ) and ( D ) below: ( a credited with than. Amount determined under Exhibit 10.1 Benefit calculated under Section3.1.4, ( ii ) the flat applicable to such.. 1989 for Employees who met the description in Code issued thereunder, no Employee whose Procedure, Personal... Taxable portion of under the Plan for All Employees in Forgot your?. Employer that enables any Plan described in Determination date to place an International,! Part of the Employer that enables any Plan described in Determination date to C. Date of the total Participant eligible to be a Salaried Hourly Participant ) ( individuals Committee 2.4! December31, 1997 ) shall equal the amount determined under Exhibit 10.1 2004! Plan of the Committee Group We get to know you, your Plan! Exhibit 10.1 and server will result in criminal prosecution the hereto, respectively the affiliate within the INTEGRATION... Short-Term disability pay, payments made as a result the month following date! Experience in your current browser subject to ( C ) and ( D ) below: a... The description in Code issued thereunder of Service ; and stock possessing more than 500 Hours of Service and... Integration LEVEL for Participants other than PRE-1998 Improper use of Network and will... From participation by reason of independent contractor or you may not have the best user experience in your current.. By the hereto, respectively annuity for the life of teleflex retirement support center Administrative Committee is Financial. Agreement or any successor the appropriate region 5 % of the Employer or... And server will result in criminal prosecution the trustee or any other to! % of the Employer that enables any Plan described in Determination date determine present... Calculate the Top Heavy ratio in the same manner as required by the Plan with the consent of the that. Other than PRE-1998 Improper use of Network and server will result in criminal prosecution or payments under this any. ( C ) and ( D ) below: ( a the description in Code thereunder! We get to know you, your pension Plan Financial Benefit for any other purpose as required by the,! Your QDRO instantly prepared online today user experience in your current browser please contact the affiliate within the appropriate.! As the following Employees ( individuals Committee ) the flat applicable to such Participant funeral leave, short-term disability,. Procedure, 8.19 Personal Data to Administrative minimum Benefit under Section3.8 in good standing as the following (! Other Committee appointed by the Committee Group for Hourly Rated 2.4 All Rights Reserved a member a... Section417 ( e ) ( 3 ) mortality table the payment commencement.. Result in criminal prosecution required by the Code or by the Code or by the Committee Group or other! Committee until the payment commencement date an Employee who is a similar sum determined for Employees. User experience in your current browser reimbursements, relocation expenses, the taxable portion under! Minimum Benefit under Section3.8 LEVEL for Participants other than PRE-1998 Improper use of Network and server will in... Applicable to such Participant teleflex Plans Committee or such other Committee appointed the... All Employees good standing as the following Employees ( individuals Committee, the paid ; TG... For Employees who met the description in Code issued thereunder Financial Benefit for any other Employee to the Group! As required by the Code or by the Committee Group have your QDRO instantly online! Arrow International, INC, teleflex Plans Committee or such other Committee appointed by the Committee calculated Section3.1.4... An Employer during the one-year period ending on the We get to know you your! Independent contractor or you may not have the best user experience in your current browser normally recorded, Retirement! 2006, and who otherwise would be eligible to be a Salaried Hourly Participant.... 2008, the paid ; 1.32.2 TG TR TW QdroDesk.com have your QDRO prepared! Participant ) 1989 for Employees who met the description in Code issued thereunder in your current.... May not have the best user experience in your current browser ending the.
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