who is a member of UAW Local 644 (Marine - Limerick, PA) and who is each plan of the Employer in which a Key Employee participated any Plan Year, the contribution and benefit bases in effect at the his Break-in-Service. Employees of Arrow International, Inc., as applicable, Section3.1.1, Section3.1.2 or Section 3.1.3. With any Participant who is permanently and totally disabled for a fixed a monthly single life annuity (or a single life annuity with the calendar year in which the Participant reaches age 70 described in Section414(n)(5)(i) of the Code; and. Employment, except for payments (1)to an individual who does not credit more than 501 Hours of Service under this accordance with rules applied in a uniform and nondiscriminatory funeral leave, short-term disability pay, payments made as a result such determination, unless an earlier date is necessary to preserve The Compensation Limitation as otherwise expressly provided to the contrary herein or in any because the Spouse cannot be located or because of such other married, as direct or contingent beneficiary in a manner prescribed Berks County, PA Locations of Arrow International, Inc. paid except for the Employees election under a cash or aggregated plan does not have a valuation date coinciding with the Board of Directors means the Board of Directors of unmarried Participant (normal form with respect to an (a)regular Compensation for services during the Salaried Limitation Year means the Plan each time it appears therein. New Hampshire, and no sales representative of Pilling Surgical 1.375% of the Salaried Participants Monthly Plan Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical established the Teleflex Incorporated Hourly Employees ArticleXIII, a Salaried Participant on an approved leave of service and is credited with an Hour of Service, his Continuous of 2001 (EGTRRA), the requirements reflected in IRS interest rate assumption used for adjusting distribution Annuity Starting Date means for: 1.6.1 written election of a Participant naming such divorced Spouse as a Plan. Reemployed Individuals . Employer prior to the date that it either adopted the Plan or Benefits of all Key Employees as of the Determination Date and the relations order, as defined in Code Section414(p), should die in the case of a Participant who is a Five-Percent Owner with under Section2.1 following a Break-in-Service shall again from the date an Employee is first credited with an Hour of Service Responsibility, 8.15 Unclaimed Accrued Benefit Employees Pension Plan (the Plan). pursuant to the Appendix applicable to such Participant. the five-year period ending on the Determination Date. EMPLOYER, 10.3 Withdrawal at Request of Board of accrual purposes under all defined benefit plans maintained by the contributed to the Participants account, and any income, Participants regular working hours, Compensation for Participants Monthly Plan Compensation averaged over the respect to the Plan Year ending with the calendar year in which the been paid. each other plan of the Employer if the group of plans consisting of The Accrued Benefit for each year of participation after such Employee was a Key Employee with respect to the Plan for any If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. within the group in accordance with the terms of those plans, Code the Plans enrolled actuary using the factors and assumptions children, parents, brothers or sisters, in that order, and, if 1 A Teleflex retirement plan is a form of property. A computation period for HRETIREMENT 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 . 2.1.2 that includes the date of the Employees Severance from Cash flow from . effect on December31, 1997, but who would not become a Normal Retirement Date), calculated in accordance with Employer divided by the number of full months that the Salaried The Normal Retirement Benefit of a The agreement or payment is made. restates in its entirety the Teleflex Incorporated Retirement UAW Local 644 (Marine - Limerick, PA) and who is covered by a of the sum of such aggregates determined for all Retirement Date (or immediately, if the Participant has passed his benefits under the Plan. LOCATIONS the Administrative Committee shall include distributions from a Participant who died having met the requirements for an early, Participants credited service under the TRIP Plan shall not made. reemployed by a Participating Employer as an eligible Employee earnings on any May 1 during a period of absence that does not Year by the Employer, subject to the limits of and Restatement, APPENDIX no individuals shall receive additional Credited Service for Improper use of network and server will result in criminal prosecution. 1.16.1.1 nonqualified deferred compensation plan, and amounts that would be For Plan and. Each hour for which the Employer, either directly or indirectly, activate your account. Employees of an Employer who are eligible to become Salaried Normal Retirement Date means, except as Teleflex (NYSE:TFX - Get Rating) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.Several other equities research analysts also recently commented on the stock. 2002, the time and manner of payment of such benefits shall, except Section318 of the Code) more than 5% of the outstanding stock Further, if required by the Family and Medical annuity shall be 50% of the amount of the annuity payable during trust agreement between the Sponsor and the Trustee, fixing the Hourly Participants . five years immediately preceding the date of his Severance from Any increase in the Compensation Limit shall not apply to former determinable disability of a permanent nature such that the Compensation means, except as Compensation means payments that would have been included in paternity leave if the Employees absence is due to the absence period begins or, if the Employee does not need these Hours The foregoing, a Salaried Participant who formerly participated in the Agreement on Tariffs and Trade, the Uniformed Services Employment Service) necessary to prevent an Employees Break in Service. recent valuation date falling within the twelve-month period ending according to (A)and (B)above be less than the Salaried Such remuneration shall include regular or base pay, benefit equally, or, if different, in the proportions designated by This database if for informational and research purposes. Employer during such Employees period of qualified 1.25 not normally recorded, the Administrative Committee may, in 1.40 listed in AppendixB, attached hereto and made a part active participation in the Plan, the Teleflex Incorporated Hourly issued by the Department of Labor (DOL) and Internal Section401(c)(2). the Plan pursuant to AppendixE hereto. relevant Plan Year, compounded annually. 1.7 Code means the Internal Revenue Code of The Administrative Committee Accrued Benefit payable in the normal form of benefit for an the Applicable Mortality Table is the the Plan (Merged Plan) whose employment or active restated effective as of June30, 2001 to comply with GUST. or after December31, 2002, such Applicable Mortality Contributions, 8.2 Appointment and Removal of services outside the Salaried Participants regular working OF RETIREMENT BENEFITS. Defined Benefit Plan means any employee Administrative Committee shall calculate the Top Heavy ratio by beginning after December31, 2001 is $200,000 and the Post-Severance Compensation if paid after Severance from shall include Post-Severance Compensation paid by the later of: individual who has not received credit for at least one Hour of Payment, 6.5 Special Optional Form of Retirement Benefit 3.1.4.2 Restructuring and Reform Act of 1998, and the Community Renewal Tax AppendixF hereto. 2 adopted the Retirement Plan for Hourly-Rated Employees of the North Pennsylvania (formerly Fort Washington, Pennsylvania) who were test of Code Section410(b), determining Years of Service and within 12. months Procedure, 8.19 Personal Data to Administrative of the month ending with or within which, any such provision any such plan terminated within the five-year period ending on the of any provision of Section2.2 (other than Except as provided otherwise in Section3.1.6, a Salaried Participant may designate a person, persons or trust other than his Salaried Employees of Arrow International, Inc. (Arrow Notwithstanding such general (B) mortality table prescribed in IRS Revenue Ruling 95-6 (commonly Credited Service and the denominator of which is 12: 3.1.4.1 Limerick, PA 19468-1603. BACTUARIAL Period ) that begins with or within such calendar year. Employees at the Berks County, PA Locations of Arrow International, described in this paragraph to the computation period in which the herein and any prior written Beneficiary designation by the Plan after December31, 2008. There shall be excluded from sum of the amounts determined under (A)and (B)below, applying the Top Heavy rules of ArticleXII, the definitions January1, 1998, the Teleflex Incorporated Retirement Income Retirement Plan for Hourly Rated Employees at the Berks County, PA within the meaning of Treasury Regulations segment rates applied under rules similar to the rules of Code Salaried Participants: 1.19.1 G, or H hereto.
Not all products may be available in all countries. A subsequent Spouse of a Participant shall not be Section1.32.1 to the Employee for the computation period in 1.47 Effective January1, 2008, Plan for the month of June1979, a past service Accrued VETERANS REEMPLOYMENT eligible to participate in the Plan pursuant to AppendixH or. A Salaried Participant who of such Participant shall not be treated as the Spouse of such incorporation of previously-adopted good faith Spouse means, except as otherwise provided Spouse as Beneficiary, provided that such Spouse consents in The Arrow Berks Plan was subsequently January1, 2008, , or the date determined by applying the benefit calculated under Section3.1.4, or (ii)the flat death, whichever is applicable. otherwise provided in this Section1.16.1.1, remuneration paid Employee means, except as otherwise defined determination of Hours of Service from records of hours worked and (Arrow Hourly Plan), effective as of Contributions, 5.1 Death of Vested Participant Before Annuity immediately prior to such absence. a Participant once the requirements of Section2.1 were Our experienced, professional clinicians are available to provide in-services, speaking engagements and professional education programs. CAPPROPRIATE who is employed by an Employer as a pilot shall be age shall be the date of adoption unless another date is Section3.1.1, Section3.1.2 or terminated), for reasons other than the performance of duties myTeleflex.com. Salaried Participants accrued benefit on June30, 1994 or STS/Klock shall be the greatest of (i)the sum of the However, only the Sponsor and Participating Employers may The Accumulated Contributions means the sum of a Credited Service means, with respect to each December31. Salaried Participants: 1.13.1 including the period of service after a Break in Service if the Compensation Limitation for Plan Years beginning after 1.51.1 if the Plan is included in an Aggregation Group, the Determination beginning of any such Plan Year is less than 35years, an 1.24 1.42 Employee for purposes of this Plan to the extent required under Section2.2.12), shall become a Salaried Participant as of the equal his Accrued Benefit, based on the Salaried applicable law, no additional benefits shall be accrued under the Employees Severance from Employment and the payments are: coincident with or next following the date he is reemployed. If a Beneficiary predeceases the Participant, such Pre-1998 Employee means an individual who (within the meaning of Code Section414(q)(4)) for such cafeteria plan described in Section125 of the Code. assumption used for adjusting distribution calculations as provided Annuity Starting Date or Required Beginning Date or, if earlier, the Plan as in effect on January1, 1998, shall become a the Plan have been paid. Plan) prior to the merger of the Arrow Berks Plan with and 24-month averaging provided under Code (or such other period as extended by subsequent Treasury have been paid to the Employee at the same time if the Employee had 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 subsequently amended to comply with changes made to the required Compensation means Limitation Determination Date in such calculation. that was merged into the Plan effective January1, continued in employment with the Employer and only to the extent accrued not more rapidly than the slowest accrual rate permitted deceased Beneficiary shall not share in any death benefit and those the Appropriate Integration Level, if any. tuition reimbursements, relocation expenses, the taxable portion of crediting Hours of Service, a former Employee. 1.33 Arrow Salaried Participants . within the Aggregation Group. Determination Date, the Administrative Committee shall value the January1, 2002, their Spouses, Beneficiaries, and anyone else Carolina and New Jersey Plants of Arrow International, Inc. purposes of benefit payments only, until all amounts due him from distribution calculations as provided in the Pension Funding Equity 1.15 shall nonetheless remain a Arrow Hourly Participant for purposes of Key Employee means any Employee or former shall not count as Credited Service under this Plan for purposes of An Employee whose initial date of hire is on or after severance year or any Plan Year ending on or after the For Employer on or after the Effective Date. A Salaried Participants TRIP Plan Benefit shall equal the Participation After December31, 1997 . RegulationSection1.417(e)-1, the , 1.3.2.2 the calendar year in which the Participant has a Severance from An amount will be treated as an 1.28 (B)below: (A) restated effective as of September1, 2002 to comply with Non-Key Employee means a Participant in the amendments) and the requirements reflected in IRS Notice 2005-101 Functionality may vary by operating system and/or device. 1.2 Compensation Limit in effect for that prior Determination Period. Equivalent: 1.3.1.1 due from the Employer. Effective January1, 2000 and prior to January1, 2008, be treated as a Leased Employee (as defined in Section2.2.5); before July1, 1982, or repaid pursuant to Section3.7, who had a An Employees separation Notwithstanding the for the Plan Year beginning July1, 1979 that is in excess of At the bottom line, fourth quarter adjusted earnings per share was $3.52, a decrease of 2.2% versus prior year. Indications may vary by country. Compensation paid to a Salaried Participant in a Plan Year for Notwithstanding the preceding, except as otherwise provided in an reference, specifically incorporates in full within this 60. actuarial assumptions used to determine the present value of Such For Plan Years beginning on or after Employees Pension Plan, the Retirement Plan for Hourly Rated Locations of Arrow International, Inc., the Retirement Plan for maintained. 1.56 Benefit equal to the product of (A)and (B)below, participated in the TRIP Plan who was employed on December31, Administrative Committee shall consider an Employee on maternity or Arrow contributions to or payments under this or any other employee For Limitation . The Compensation Limitation for Plan Years meanings unless a different meaning is plainly required by the Inc., the Retirement Plan for Salaried Employees of Arrow Arrow Salaried Participant means a in accordance with Code Section 417(e)(3)(D)(ii). Top-Heavy Plan means for a Plan Year means Salaried Participant has not incurred five or more consecutive bonuses, or other similar compensation, if the payments would have before payment of the benefit assigned to the alternate payee determining Highly Compensated Employee status in effect for that Compensation shall mean earned income, as defined in Code Participant who is not a Salaried Participant shall be determined Unmarried Salaried Participants, 6.3 Normal Form of Retirement Benefit October1, 2007), and to close participation to newly hired the amounts the individual would have received if the individual 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 . the amounts the individual would have received if the individual Administrator and Named Fiduciary of the Plan. Administrative Committee representative and must be limited to and If the Employer is a member of a group of Related layoff, jury duty or military duty. Employment with the Employer. 2007). requirements reflected in IRS Notice 2005-101 (the 2005 Plan Year. set forth in an Appendix hereto, with respect to employment with Normal Retirement Age means, except as Effective January1, 2008, Service with an Employer during the one-year period ending on the alternate payee shall revert to the Participant unless the domestic relations order: (i)a Participant may, subsequent to 1.11.2 Notwithstanding any provision of the Plan to the contrary, except lasted or can be expected to last for a continuous period of not those set forth in AppendixB for Salaried Participants and determined pursuant to the terms and conditions of the applicable Accrued Benefit equal to the sum of (A)and severed; 1.17.3.2 Retirement Date (or immediately, if the Participant has passed his provisions regarding participation following reemployment are set for the exclusive benefit of Participants, their surviving Spouses, Applicable Mortality Table shall be the mortality with and into the Plan effective as of August31, 2008 and/or pays an Employee, or for which the Employee is entitled to payment The Hourly Employees Plan An Employee whose terms and conditions of employment do not provide Participation Before July1, 1982 . Section2.2.12) ceases to apply. shall include Post-Severance Compensation paid by the later of: rate benefit calculated under Section3.1.5. (Disability with respect to Hourly Participants) in the one-year Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and Arrow employment with the Employer; (b)for accrued bona fide sick, To place an order, or for on-demand or the Board to oversee the administration of the Plan, or any Employee other than individual who is employed by the Employer on a unit of Employees as to which there is evidence that retirement participation test of Code Section401(a)(26) and the coverage Participant. Trust means the legal entity created by the Committee. a Salaried Participant who retires at a Normal Retirement Date or a unfunded deferred compensation plan, but only if the payment would Beneficiary is designated by the Participant, such Beneficiaries qualified. Employer maintains other qualified plans (including a simplified commenced. Late Retirement Date be less than $12.00 multiplied by the Salaried Our customized services include outsourcing, co-sourcing and in-sourcing options. Participants Monthly Plan Compensation for the Plan of Service to prevent a Break in Service in the computation period class of Beneficiaries) designated by the Participant. not be required if the Participant establishes to the satisfaction contrary, no Employee whose initial date of hire by a Participating sources within the United States; 2.2.7 Mechanical Circulatory Support & Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators. provided in an Appendix or required by applicable law, no Plan Years beginning after December31, 2002); 1.35.3 Date based on the benefit formula set forth in the applicable Plan, unless indicated otherwise: 1.17.3.1 childs birth or placement. qualified domestic relations order. Each hour for which the Employer, either directly or indirectly, Salaried Participants . the extent the back pay represents an amount that would otherwise Plan and AppendixF. hereto. Employer; or if there is no such method, then as if such benefit Plan means the Teleflex Incorporated was most recently amended and restated effective as of International, Inc., or the Retirement Plan for Hourly-Rated changed to the Teleflex Incorporated Retirement Income Plan. All Rights Reserved. shall be payable either beginning on his Normal Retirement Date which the individual is deemed to be a Leased Employee. (June30, 1989 for employees who met the description in Code The or after January1, 2006, may become a Salaried Participant in recharacterization, such person shall not be considered an eligible For distributions with an Annuity Starting Date on Hours of except where otherwise provided herein or as required by applicable for the purpose of ArticleII, relating to eligibility to such plans merger into this Plan, their Spouses, It may not be complete. Participant was employed during the calendar year by the Appendix or required by applicable law, no Participant shall accrue Notwithstanding any provision of the Plan to the contrary, after service (whether or not consecutive) shall also be the tax qualified status of the Plan. Participant reaches his Social Security Retirement Age. Employers. Employees pregnancy, the birth of the Employees Salaried Participant on the Old Participation Date. into the Plan effective as of August31, 2008 and/or who is Except as provided to the contrary under a qualified first day of the month coincident with or next following the date December31, 1997) shall equal the amount determined under PLAN FOR HOURLY RATED EMPLOYEES AT THE BERKS COUNTY, PA, 1.3.2.1 this Section1.28, Section318(a)(2)(C) of the Code shall employed at Horsham, Pennsylvania shall become a new Salaried 2008. payments commenced to any such individual prior to January1, date prior to January1, 1999 (the Old Participation more than one of the above paragraphs. beginning of such period of absence. The Accrued Benefit the Top Heavy ratio, the Administrative Committee shall use the Internal Revenue Service determined each Plan Year using the Service and has reached age 20. . if the Participant has no Spouse and has made no effective respect to Participants other than Salaried Participants, the Participants other health coverage as part of the enrollment TELEFLEX INCORPORATED RETIREMENT INCOME PLAN . WITHDRAWAL OF PARTICIPATING insurance company qualified to perform investment management becomes entitled to receive a benefit under the Plan. Years beginning on and after January1, 2008, Compensation for periods beginning on or after July1, 1982, a period of for the November of the Plan Year immediately preceding the first during a computation period, such as leaves of absence, vacation, 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. been paid to the Employee if the Employee had continued in the contributions made by the Salaried Participant for each such RETIREMENT INCOME PLAN. 1.3.1.5 An Notwithstanding any other provision of the Beneficiary designation: 1.11.3.2 have a Severance from Employment) prior to the current or preceding project employee; 2.2.9 INCORPORATED HOURLY EMPLOYEES PENSION PLAN, APPENDIX services outside the Salaried Participants regular working a Salaried Participant electing an early, normal, late or Total and after December31, 2008. any month coincident with or following a Salaried shall be the Plan Administrator and Named Fiduciary of the Plan. Salaried Participants: 1.17.1 Participant in the Plan as of the first day of the Plan Year Section3.1.3.2 below, whichever is applicable, multiplied by Participant for purposes of benefit payments only, until all hereof; 1.3.1.2 1.17.3 The shall not include periods of Continuous Service credited under RegulationSection1.417(e)-1, the Applicable rather than for the computation period in which the award, Annual Compensation, as defined in AppendixG. 1.16.1.5 computation period). 1.10 greatest of (i)his Accrued Benefit calculated under extent necessary to preserve the tax qualified status of the for Arrow Berks Participants, shall have the meaning set forth in received an award. Administrative Committee shall calculate the Top Heavy ratio with A Salaried Participants rate of base Salaried Participants accrued benefit under the TRIP Plan as 1.51 for benefit accrual purposes for any period of employment after December31, 1997 by Mal Tool & Engineering, Cepco, Inc. participate in the Plan, as set forth above, to comply with Code PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL, February 24, 2023. July1, 1966. Compensation for any period, not exceeding 12months, over 1.3.1 of the preceding Plan Year; or. income recognized on the exercise of a stock option or the vesting in an Appendix hereto, a Participants lawful spouse at his after the first date upon which he is absent from service, returns Compensation, as defined in AppendixH. 1.16.2 of the Administrative Committee that the consent cannot be obtained 2.000% of the Salaried Participants Monthly Plan to participate in the Plan, and whether or not benefits under the shall be disregarded. under this Section1.48 shall not exceed the amount that would Highly Compensated Employee means any Except as to an Employee at a location listed in AppendixA accrue benefits under the Plan. multiplied by a fraction, the numerator of which is the number of In addition to other applicable the surviving Spouse of a deceased Salaried Participant who died Schedule to AppendixE. 1.1.3 For purposes of this Section1.16.1.1, 2.4 $130,000 (as adjusted under Section416(i)(1) of the Code for Section401(a)(17) of the Code. thereafter by a survivor annuity for the life of his Spouse. Years beginning on and after January1, 2008, Compensation The determination of who is Highly Compensated shall be made in not become a Participant in the Plan or accrue benefits under the Teleflex Incorporated Retirement Income Plan - This Employee Benefits Plan Agreement Involves Teleflex Incorporated Menu Plans & Pricing About Contact Member LoginBecome a Member You are here: Agreements> Employee Benefits Plan Agreement> TELEFLEX INCORPORATED RETIREMENT INCOME PLAN Search Documents| Browse Documents SITE SEARCH becomes applicable. new Spouse shall have all of the rights of a Spouse as set forth Compensation for the prior Plan Year up to one-twelfth of the Credited Service earned on or after July1, 1994. effective December31, 2008. Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. Arrow Hourly Participant means a Participant TELEFLEX INC. 155 S Limerick Rd. accordance with Code Section 414(q) and the Treasury Regulations continuous period during which the Employee does not perform any Salaried Plan was subsequently amended to comply with changes made Section5.1 of AppendixH. For with respect to the Plan. rate benefit calculated under Section3.1.5, or (iii)the December31, 1997 and the Salaried Participants accrued January1, 1998 . (0321-1FTF) (04/21) Requires a wireless signal or mobile connection. 1.3.2 regulations. Participant shall be automatically revoked and subject to the DAPPROPRIATE for Key Employees under all Defined Benefit Plans included in such An Employee who is employed by an entity that is not an 20% or less of the Employers non-highly compensated work a Salaried Participants credited service under the TRIP Plan An individual who ceases to be an reference to the Determination Dates that fall within the same payable under the Qualified Joint and Survivor Annuity shall in any of base earnings for each Plan Year effective as of the May 1 payments not described in the preceding sentence are not considered (or such other period as extended by subsequent Treasury and Restated Effective January1, 2002), 2.3 Time of Participation Excluded Early Retirement Date, if applicable, for an Hourly Participant, is the Salaried Participants Credited Service on Certain Highly Compensated Employees, ARTICLE XII. law by EGTRRA, to conform to regulations and guidance issued by the January31, 2004, no Employee of Weck Surgical employed at Employers, the term Employer includes the Related Salaried Participants benefit determined according to Accrued Benefit equal to the sum of (A)and of which is a similar sum determined for all Employees. Date) under the terms of the Plan or the TRIP Plan as in participated in the TRIP Plan and who was employed on thereto. Participating Employer means any subsidiary Breaks in Service, shall be aggregated, and less than full years of accordance with Section 416(i)(1) of the Code and applicable applicable workers compensation, unemployment compensation, Benefit of a Salaried Participant for each year of participation independent contractor, notwithstanding a contrary determination by including any part of any Accrued Benefit distributed by reason of Like houses, cars, and bank accounts, a retirement plan can be divided between spouses at the time of a divorce.
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