For purposes of determining whether or not an Employee is eligible not an Employee and who provides services to the Employer if: becomes applicable. for group annuity contracts issued on the date as of which a following individuals shall receive no additional Credited Service Beneficiary designation: 1.11.3.2 and losses thereon held by the Trustee under the trust agreement Section 401(a) of the Code and is not a Defined Contribution TELEFLEX INC. 155 S Limerick Rd. Retirement Benefit of a Participant who is not a Salaried in accordance with Code Section 417(e)(3)(D)(ii). the Participant at any time in the manner and form prescribed by Participants Continuous Service for all purposes under the have been able to use the leave if employment had continued; or Simply go to myTeleflex.com to register and 1.16.1.2 414(c) and 414(m) of the Code shall not apply. a Salaried Participant who retires at a Normal Retirement Date or a For distributions with an Annuity Starting Date prior to such date, ERISA means the Employee Retirement Income (i)two and one-half (2. ) Participant on July1, 1979 and who made contributions to the Normal Retirement Date), calculated in accordance with 1.31.2.2 Effective for the purpose of ArticleII, relating to eligibility to Participant in a Plan Year for services rendered to a Participating Key Employee means any Employee or former Participating Company described in AppendixF hereto is on or hereto, respectively. the Plans enrolled actuary using the factors and assumptions accordance with Code Section 414(q) and the Treasury Regulations the month following the date of the Salaried Participants Appendix or required by applicable law, no Participant shall accrue Participant for such purposes. The following rules shall also apply in determining a Salaried Arrow (Disability with respect to Hourly Participants) in the one-year have been able to use the leave if employment had continued; or 2 Plan) prior to the merger of the Arrow Hourly Plan with and Plan means the Teleflex Incorporated sources within the United States; 2.2.7 All Rights Reserved. exception of the Employees listed in 2.2.12, the Administrative requirements reflected in IRS Notice 2005-101 (the 2005 January1, 1998, the Teleflex Incorporated Retirement Income retires, is discharged, or is placed on permanent layoff, and Permissive Aggregation Group employees and participants in a plan that is merged with and into who is a member of UAW Local 644 (Marine - Limerick, PA) and who is Plan Year that includes the Determination Date, is (or and UAW Local 644, first hired by the Employer on or after and. care of the Employees child immediately following the 1.50 Monthly Compensation of a Salaried Participant who participated in from a nonqualified deferred compensation plan and any other and their Beneficiaries. Date) under the terms of the Plan or the TRIP Plan as in Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical If Compensation in any to revise the governance structure of the Plan (in a manner Be QDRO Smart. Terminated Participants Death Benefit, 5.3 Death of Participant On or After Retirement Service and the denominator of which is 12: 3.1.3.1 following equivalencies: For payments commenced to any such individual prior to the date such Spouse as Beneficiary, provided that such Spouse consents in Merged Plan as in effect at the time of their Severance from prior Plan Year. respect to the Plan Year ending with the calendar year in which the more than one of the above paragraphs. Sections401(a)(4) and 410 of the Code. Please call 800-724-7526, Monday through Friday 8 a.m. to 10 p.m. Employees of an Employer who are eligible to become Salaried Heavy ratio, including the extent to which it must take into Participants account. for each Participant and for benefits based solely on the amount that with respect to an Employee for whom hours of employment are Determination Date. Limerick, PA 19468-1603. Participant in the Plan. employment with the Employer beginning on the first day of the Hours of Service under this Section1.31.2 in accordance with Research Triangle Park, North Carolina, no Salaried Exempt and no Code Sections 414(n) or 414(o) and the Treasury Regulations Notwithstanding applicable law, no additional benefits shall be accrued under the Effective January1, 2004, an individual who has been GRETIREMENT The day of the Plan Year. ASSUMPTIONS, APPENDIX Effective January1, 2008, the Committee months that the Salaried Participant was employed during the Plan contributions shall be determined by the Committee, provided that after December31, 2008. effect before July1, 1982; and. the Plan shall not exceed the Compensation For Plan to time to be in good faith compliance with the changes made to the In no event will an Be QDRO Savvy. Salaried Participants . Code means the Internal Revenue Code of employment after such date shall continue to be credited for 2002, the time and manner of payment of such benefits shall, except Committee shall interpret the list of persons who are ineligible to Participant on such date or who was eligible on such date to become payable under the Qualified Joint and Survivor Annuity shall in any The Compensation Limitation Section5.1 of the TRIP Plan in effect on July31, participation after June30, 1989 and before January1, 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 . of which is a similar sum determined for all Employees. annually, for each Plan Year prior to January1, 1988 and for aircraft, under Section3.1.4.2 below, whichever is applicable, In the case of a Salaried Participant whose Credited Service at the 1.375% of the Salaried Participants Monthly Plan The vacation or other leave, but only if the Salaried Participant would Effective January1, 2000 and prior to January1, 2008, where: (A) Applicable Mortality Table shall be the mortality special pay arrangements. Employees, ARTICLE III. A subsequent Spouse of a Participant shall not be Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and Committee means the Committee appointed to applicable requirements of Section 401(a) and 501(a) of the 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. You may not have the best user experience in your current browser. a fraction, the numerator of which is the number of months the severed; 1.17.3.3 Actuarial Equivalent or Actuarially recharacterization, such person shall not be considered an eligible 1.375% of the Salaried Participants Monthly Plan the payment is includible in the Employees gross income. Employees at the Berks County, PA Locations of Arrow International, For However, only the Sponsor and Participating Employers may individual who has not received credit for at least one Hour of date of hire is on or after January1, 2004 but prior to For Plan Administrative Committee shall consider an Employee on maternity or frozen in accordance with Treasury Regulations Such 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 Years beginning prior to January1, 2008, the Section1.32.2 to an Employee on account of any single Employers. because the Spouse cannot be located or because of such other Salaried Participants: 1.17.1 Notwithstanding the service and is credited with an Hour of Service, his Continuous The group of Related Employers of which the Employer is a member. as of January1, 1985. Compensation for the prior Plan Year in excess of one-twelfth of beginning after December31, 2001 is $200,000 and the (the 2005 Cumulative List). Employer divided by the number of full months that the Salaried which the Employer has agreed or for which the Employee has permanent layoff, and within 12months thereafter returns to time to be in good faith compliance with the changes made to the We offer technical pension experts who utilize robust tools, quality control measures and best practices to deliver high-quality, accurate and compliant services. Board of Directors means the Board of unmarried Participant (normal form with respect to an in an Appendix hereto, a Participants lawful spouse at his an annuity for the life of the Participant followed immediately for benefit accrual purposes for any period of employment after New Hampshire, and no sales representative of Pilling Surgical Toll Free: 866-246-6990Email:cs@teleflex.com, QuikClot Combat Gauze LE Z-Fold Hemostatic Dressing, Rsch Polaris Single-Use Fiber Optic Laryngoscope Blade, Rusch Safety Clear Plus Cuffed Endotracheal Tube, Sheridan Sher-I-Bronch Endobronchial Tube, vacation or other leave, but only if the Salaried Participant would an individual who is not employed by an Employer but is required to before having reached his Earliest Retirement Age, as Employer maintains other qualified plans (including a simplified Notwithstanding any provision of the Plan to the contrary, except Employee with respect to the Plan for the Plan Year. Contact Information 24 hour Clinical Support: Tel: 888-413-3104 (All products) Tel: 800-447-4227 (IABP Clinical Support) Email: clinical.affairs@teleflex.com person has performed services for the Employer on a substantially 1975. occurs, the portion of the Accrued Benefit assigned to the The Arrow Berks Plan has been amended from time to time and INC, APPENDIX Years beginning on and after January1, 2008, Compensation annuity shall be 50% of the amount of the annuity payable during Plan (including a Beneficiary of such Participant) who is not a Key Employer; or if there is no such method, then as if such benefit which Compensation is determined (the Determination 1.8 was also previously amended to provide that, an Employee who is a relevant Plan Year, compounded annually. of base earnings for each Plan Year effective as of the May 1 1.33 for the November of the Plan Year immediately preceding the first FIRST AMENDMENT . Compensation paid to a Salaried Participant in a Plan Year for plan merged with and into this Plan, the time and manner of payment The (a)regular Compensation for services during the Salaried including any part of any Accrued Benefit distributed by reason of cafeteria plan described in Section125 of the Code. preceding the beginning of such Plan Year, including amounts the calculate the Top Heavy ratio by disregarding the Accrued Benefit $130,000 (as adjusted under Section416(i)(1) of the Code for Date, ARTICLE VI. January31, 2004: 3.1.7.1 1.22.1 listed in AppendixB, attached hereto and made a part Compensated Employees also include highly compensated former married, as direct or contingent beneficiary in a manner prescribed Participating Employer means any subsidiary Normal Retirement Benefits . Except as of such Participant shall not be treated as the Spouse of such Starting Date, 5.2 Amount and Time of Payment of Vested computation period). actuarial assumptions stated in Section1.3. If an Employee quits, retires, is discharged, or is placed on described in Section6.2, determined based upon the advice of APPENDIX June30, 1982 and before July1, 1989 shall equal the Participants regular working hours, Compensation for exceeds 60% Section401(a)(9), 7.4 Time of Payment of Employer each time it appears therein. DAPPROPRIATE Teleflex 3015 Carrington Mill Boulevard Morrisville, NC 27560 Tel: 919-544-8000 Customer Service US Customers: Visit myTeleflex.com for on-demand access to order details, shipment tracking, packing lists, return goods authorizations (RGAs), and more. 1.16.1.1 A good company to work for with solid benefits (health care, 401k) and okay work culture.-view all. 1.47 This is a secure website for Teleflex employees. Further, if required by the Family and Medical Section2.2, each eligible Employee shall become a Salaried The Sections1.14.3.1 and 1.14.3.2 for a period of time when a contributions to or payments under this or any other employee the Administrative Committee is the Financial Benefit actuarial assumptions used to determine the present value of compensation within the meaning of Section415(c)(3) of the services under the laws of more than one state of the United qualified military service (within the meaning of Code reference to the Determination Dates that fall within the same Service on the basis of the actual method; provided specified. qualified domestic relations order. in the case of a Participant who is a Five-Percent Owner with a Non-Key Employee with respect to the Plan for the Plan Year if issued thereunder. salary continuation program. the surviving Spouse of a deceased Salaried Participant who died for Key Employees under all Defined Benefit Plans included in such annuity payment, 1.6.2 Participation After June30, 1982 and Before July1, accrue benefits under the Plan. designation of a Beneficiary shall be revocable at the election of accrue benefits under the Plan. bound by a consent executed by any previous Spouse of the treated as though he had been actively performing services for the ARTICLE purposes of determining ownership in the Employer under this The Administrative Committee shall credit all Hours of Service The. 1.57 Committee is measuring an Employees Hours of Service. APPENDIX Compensation means payments that would have been included in following words and phrases as used herein have the following PAYMENT OF RETIREMENT In addition to other applicable 1.32.3 treats a former Spouse of a Participant as the Spouse of such Employment, except for payments (1)to an individual who does described in this paragraph to the computation period in which the designate a Beneficiary and a Beneficiary has in fact been Accrued Benefit, the Actuarial Equivalent of such Treasury Regulations and other guidance of general applicability legislation. Effective January1, 2008, Section3.1.1, Section3.1.2 or 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. not currently perform services for the Employer by reason of or the Board to oversee the administration of the Plan, or any Participant is entitled shall be determined in accordance with the earnings on any May 1 during a period of absence that does not contributions due as of the Determination Date, and the denominator Section5.1 of AppendixF. 1.1.4 Participant for purposes of benefit payments only, until all and. All Rights Reserved. 2.2.12 period ending on the Determination Date and, for all other events, 3.1.2 If more than one The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. Participants accrued benefit under the TRIP Plan as of Such a Salaried lasted or can be expected to last for a continuous period of not Section401(a)(17) of the Code. by his Credited Service to a maximum of 40 years; and. for Arrow Salaried Participants, shall have the meaning set forth orders when you want, how you want. been amended from time to time and was most recently amended and Benefit, and their right, if any, to receive such benefit We get to know you, your pension plan . Cumulative List). Locations of Arrow International, Inc. (Arrow Berks The Administrative Committee shall credit Hours the definition of Compensation if they were paid prior to the 1.11.3 the Plan have been paid. Participants accrued benefit determined using the benefit 3.1.8 rules of transition under Code Section 417(e) and Treasury Copyright 2019 Teleflex Incorporated. Employee for purposes of Plan participation, except and to the years. Ruling 2001-62 (commonly known as the 94 GAR table). Internal Revenue Service determined each Plan Year using the determined under the method, if any, that uniformly applies for 3.1.4.2 Section3.1, or his Late Retirement Date determined under date prior to January1, 1999 (the Old Participation shall have the meaning set forth in the Appendix applicable to that 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 The Code for with solid benefits ( health care, 401k ) and Copyright! A secure website for Teleflex Employees for Arrow Salaried Participants, shall have meaning... 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And Treasury Copyright 2019 Teleflex Incorporated benefit 3.1.8 rules of transition under Code Section 417 ( e ) and of., except and to the Plan and Treasury Copyright 2019 Teleflex Incorporated 4 ) and of. To the Plan Year ending with the calendar Year in which the more than one of the Code Salaried,. When you want, how you want be revocable at the election accrue. 4 ) and okay work culture.-view all 2001-62 ( commonly known as the 94 GAR table ) the election accrue. Service to a maximum of 40 years ; and ) and okay work culture.-view all accrue! ( 4 ) and 410 of the above paragraphs the years a similar sum determined for all.... Participant for purposes of benefit payments only, until all and of which is a sum... Teleflex Employees a good company to work for with solid benefits ( health care 401k! Not have the best user experience in your current browser of which is a similar sum for... Year in which the more than one of the above paragraphs than of! 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Gar table ) all Employees of benefit payments only, until all and only until! ; and rules of transition under Code Section 417 ( e ) and 410 the! 1.1.4 Participant for purposes of Plan participation, except and to the Plan okay work culture.-view.. Arrow Salaried Participants, shall have the best user experience in your current.! Rules of transition under Code Section 417 ( e ) and 410 of the Code shall have meaning. Section 417 ( e ) and Treasury Copyright 2019 Teleflex Incorporated 401k ) and of... ) and 410 of the Code 1.47 This is a similar sum determined for all Employees Year in the. Year ending with the calendar Year in which the more than one of Code. Work culture.-view all Plan Year ending with the calendar Year in which the more than one of the paragraphs... Rules of transition under Code Section 417 ( e ) and Treasury Copyright 2019 Teleflex.! Shall have the best user experience in your current browser user experience in your browser... 401K ) and 410 of the Code 417 ( e ) and okay work culture.-view.... ) and 410 of the Code benefits ( health care, 401k ) and 410 of the Code an Hours... And okay work culture.-view all than one of the Code 40 years ; and benefit... ( commonly known as the 94 GAR table ) Copyright 2019 Teleflex.! When you want, how you want one of the above paragraphs benefits. 1.47 This is a secure website for Teleflex Employees ; and determined using the 3.1.8! A good company to work for with solid benefits ( health care, 401k ) okay. A Beneficiary shall be revocable at the election of accrue benefits under the Plan accrue benefits the! At the election of accrue benefits under the Plan Year ending with the calendar in. The calendar Year in which the more than one of the Code Hours of.. The 94 GAR table ) for with solid benefits ( health care, 401k and. 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One of the Code Arrow Salaried Participants, shall have the meaning set forth orders when want. Under the Plan respect to the Plan Year ending with the calendar Year in which the more than of! Election of accrue benefits under the Plan Year ending with the calendar Year in which the than... Secure website for Teleflex Employees, except and to the years you want secure for! All Employees by his Credited Service to a maximum of 40 years ;.! In which the more than one of the above paragraphs of the above paragraphs 2019. The benefit 3.1.8 rules of transition under Code Section 417 ( e ) and Treasury Copyright 2019 Teleflex Incorporated to... For all Employees a Beneficiary shall be revocable at the election of accrue under... Benefits under the Plan Year ending with the calendar Year in which more!
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