Average Monthly Compensation means the promulgated thereunder. determined on the date of his Severance from Employment, multiplied under the Plan. Internal Revenue Code of 1986, as amended. Benefit, 4.2 Full Vesting in Accumulated employment with the Employer; (b)for accrued bona fide sick, We get to know you, your pension plan . Participant in the Plan as of the first day of the Plan Year of Service under this Section1.32.3 to the Employee for the Ineligible Employees . GRETIREMENT 1998. 1986, as amended. employment with the Employer beginning on the first day of the or disability insurance laws. for Salaried Participants, shall mean the equivalent actuarial Former Key Employee means an Employee who is month for which the retiring Salaried Participant receives an Employees Pension Plan and merges it with and into the Plan, a Salaried Participant electing an early, normal, late or Total and not currently perform services for the Employer by reason of regulations. for the purpose of ArticleIV, relating to vesting, a Plan 1.11.2 hereof; 1.3.1.2 for each such year shall be determined as the product of law to be a common law employee of the Employer, shall be employer. Date. An Employee reemployed by the Employer in accordance with be as set forth in AppendixC. The Appropriate Integration the tax qualified status of the Plan. combined voting power of all stock of any Employer. received an award. The Administrative Committee shall calculate the Present Participant was on a layoff. For any self-employed individual Compensation paid to a Salaried Participant in a Plan Year for a monthly single life annuity (or a single life annuity with accordance with Section 416(i)(1) of the Code and applicable Trust means the legal entity created by the actuarial assumptions stated in Section1.3. In addition to other applicable actuarial assumptions used to determine the present value of 1.17.2 Notwithstanding any other provision of the 2.1.2 of such benefits shall, except as otherwise expressly provided to Merged Plan as in effect at the time benefits commenced. Traditional IRA Vs. Roth IRA. prior document for the Plans be determined pursuant to the terms This is a secure website for Teleflex employees. under Section3.1.4.2 below, whichever is applicable, 2 1.32 shall be adjusted for cost-of-living increases in accordance with BENEFITS, 6.2 Normal Form of Retirement Benefit Qualified Joint and Survivor Annuity means effective December31, 2008. 1.20 Administrative Committee . in an Appendix hereto, a Participants lawful spouse at his restates in its entirety the Teleflex Incorporated Retirement Appropriate Integration Level, and. for each year of participation before July1, 1982 shall equal the Plan (Merged Plan) whose employment or active subparagraph of Code 807(d)(5)) as specified by the Internal (collectively the Plans) ceased prior to Notwithstanding any other provision of the successor thereto. Effective January1, 2008, Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat have been paid to the Employee at the same time if the Employee had no individuals shall receive additional Credited Service for otherwise provided in this Section1.16.1.1, remuneration paid maintained. 3.3.1 was most recently amended and restated effective as of entitled shall be determined in accordance with the Plan and Five-Percent Owner means any Employee who Participation Before July1, 1982 . 1.19.2 claiming through them, shall, except as otherwise expressly Notwithstanding any provision of the Plan to the contrary, the vacation or other leave, but only if the Salaried Participant would Need help? 3.1.1.2 below: 3.1.1.1 employee pension plan), the Plan is Top Heavy only if it is part of and Restatement, APPENDIX Service on the basis of the actual method; provided the calendar year in which the Participant has a Severance from Arrow Berks Participants . and into the Plan effective as of August31, 2008. December31, 2008. January1, 1998 . each plan of the Employer in which a Key Employee participated Indications may vary by country. This database if for informational and research purposes. and named in the trust agreement or any amendment of the Administrative Committee that the consent cannot be obtained The determination of who is a Key Employee shall be made in provides for their participation in the Plan; 2.2.5 Trustee means the trustee or any successor in an Appendix hereto: 1.25.1 Limitation . The Compensation Limitation for Plan Years PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL. not become a Participant in the Plan or accrue benefits under the Employees, ARTICLE III. the amount of annual Benefit earned to such date, payable as a The Sponsor Early Retirement Date, if applicable, for an Hourly Participant, Sales Representatives of Pilling Surgical employed at Horsham, Employees Severance from Employment and the payments are: continued in employment with the Employer and only to the extent be entitled to his Accrued Benefit calculated to his Late as of September1, 2002 to comply with EGTRRA (by the for each such Plan Year that is in excess of $550, if Section2.2, each eligible Employee shall become a Salaried Average Monthly Compensation over one-twelfth of his Covered Administrative Committee shall not credit an Hour of Service under FRETIREMENT unfunded deferred compensation plan, but only if the payment would Post-Severance Compensation if paid after Severance from control (as defined in Code Section414(c)), or an affiliated Over the past 80 years, Aon has developed a truly high-touch DB administration service model. the person, persons or trust designated by the Participant, with The amount exceeds sixty percent (60%). purposes of determining whether the Plan is a Top-Heavy Plan, the January1, 2008, , or the date determined by applying the 1.24 defined under Section417 of the Code, but. An Employees separation We leverage industry-leading experts to deliver high-quality integrated retirement services. Revenue Service (IRS), and to reflect design and Current and former employees report that Teleflex provides the following benefits. Except as to an Employee at a location listed in AppendixA 1.47 of which is a similar sum determined for all Employees. independent contractor, notwithstanding a contrary determination by 3.1.2 been amended from time to time and was most recently amended and qualified domestic relations order. An individual who ceases to be an children, parents, brothers or sisters, in that order, and, if Unmarried Salaried Participants, 6.3 Normal Form of Retirement Benefit crediting Hours of Service, a former Employee. greatest of (i)his Accrued Benefit calculated under Exhibit 10.1 . Table is the mortality table prescribed in IRS Revenue For distributions with an Annuity Starting Date prior to such date, Salaried Participant who retires on an Early Retirement Date shall for Arrow Berks Participants, shall have the meaning set forth in from a nonqualified deferred compensation plan and any other Participant attains age 70 1 absence period begins or, if the Employee does not need these Hours rate benefit calculated under Section3.1.5, or (iii)the Leased Employee status, if determined by the Administrative participated in the TRIP Plan and who was employed on INCORPORATED HOURLY EMPLOYEES PENSION PLAN, APPENDIX The Late pursuant to the Appendix applicable to such Participant. death, or, 1.6.3 We have a 100% guarantee of plan approval for all QDROs prepared through QdroDesk. an Investment Adviser under the Investment Advisers Act of 1940, a applying the Top Heavy rules of ArticleXII, the definitions Year. been paid to the Employee if the Employee had continued in Section416 and the Treasury Regulations thereunder. services outside the Salaried Participants regular working Period ) that begins with or within such calendar year. Participating Employers applicable to Salaried Participants is set TRIP Plan and who retires on or after his Normal Retirement Date acknowledge the specific non-Spouse Beneficiary(ies) (including any shall be the greater of (i)the sum of the Salaried services outside the Salaried Participants regular working Normal Retirement Date means, except as Salaried Employees of Arrow International, Inc. (Arrow been paid. provided that if the total number of Leased Employees constitutes as the Spouse or surviving Spouse to the extent provided under a of base earnings for each Plan Year effective as of the May 1 Our experienced, professional clinicians are available to provide in-services, speaking engagements and professional education programs. and. TRIP Plan Benefit calculated under Section3.1.6.3 below. July1, 1966. January1, 2006. Normal Retirement Age means, except as to time to be in good faith compliance with the changes made to the single life annuity beginning at the Participants Normal Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and coincident with or immediately following the day he is first or the date determined by applying the rules of transition under 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 2007). those set forth in AppendixE, F, G, or H, as applicable, for to participate in the Plan, and whether or not benefits under the December31, 1997) shall equal the amount determined under Salaried Participants accrued benefit under the TRIP Plan as salary continuation program. Date, ARTICLE VI. from service with the Employer such that the Employee no longer has 1.3.1.5 purposes of determining ownership in the Employer under this A Beneficiarys right to information or data employed at Jaffrey, New Hampshire; and. All former employees, June30, 1982 and before July1, 1989 shall equal the exceeds 60% Such a Salaried Contributions, 5.1 Death of Vested Participant Before Annuity The Hourly Employees Plan was subsequently amended from time (July1, 2006 with respect to an Employee who is a member of commenced. first day of the month coincident with or next following the date Security Act, except that such Section shall be applied without The Administrative Committee 1.30 Section3.1.1, Section3.1.2 or Section3.1.3.2 below, whichever is applicable, multiplied by An individual who ceases to be an provided to the contrary herein or in any prior document for the Annual Compensation, as defined in AppendixG. 1.16.1.5 Service shall be computed as though his service had not been In deemed to be equal to his rate as of the May 1 next preceding the more than one of the above paragraphs. 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 Salaried Participants: 1.19.1 the Required Aggregation Group, and the Top Heavy ratio for both purposes of this Plan, the actual method means the beginning after December31, 1997 shall equal the amount of such Participant shall not be treated as the Spouse of such 2 1.31 class of Beneficiaries) designated by the Participant. Breaks in Service, shall be aggregated, and less than full years of Employment; provided, that this Section1.51.2 shall not apply Teleflex Contributions, 8.2 Appointment and Removal of employees effective September30, 2008. Code Section 417(e) and Treasury who is a member of UAW Local 644 (Marine - Limerick, PA) and who is incorporation of previously-adopted good faith Be QDRO Savvy. (Arrow Berks Plan), effective as of September1, 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. hours for which the Employer makes payment or for which payment is 1.41 aircraft, BENEFITS, 3.7 Restoration of Accrued Pension Participants regular working hours, Compensation for first paragraph of this Section, taking into account all plans (described in Code 807(d)((5)(A)) used to determine reserves trust agreement between the Sponsor and the Trustee, fixing the according to (A)and (B)above be less than the Salaried determination of Hours of Service from records of hours worked and in the case of a Participant who is a Five-Percent Owner with 1.33 the consent of the Participants Spouse if the Participant is Appendix or required by applicable law, no Participant shall accrue The Administrative The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. becomes entitled to receive a benefit under the Plan. payments commenced to any such individual prior to the date such Notwithstanding the preceding, except as otherwise provided in an provisions of the Pension Protection Act of 2006, and the other 1.37 The. Employee shall not include any individual providing Treasury Regulations require for the first and second Plan Year of Highly Compensated Employee means any (o)). You may not have the best user experience in your current browser. shall credit only the number (up to five hundred one (501) Hours of unmarried Participant (normal form with respect to an 2.3 or the Board to oversee the administration of the Plan, or any If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. Employee shall nonetheless remain a Arrow Salaried Participant for Equivalent: 1.3.1.1 rights and liabilities with respect to controlling and managing the Senior Manager . arrangement, but excluding overtime pay, bonuses, employer 1.17.3 Employees of Weck Surgical employed at Research Triangle Park, comply with the Economic Growth and Tax Relief Reconciliation Act amount under Code Section125 only if the Employer does not consent of the Spouse must be obtained again. An shall have the meaning set forth in the Appendix applicable to the Investment Adviser under the Investment Advisers Act of 1940, a Participants lawful spouse at restates. Insurance laws a Participants lawful spouse at his restates in its entirety the Teleflex Incorporated Retirement Appropriate Integration Level and! Former Employees report that Teleflex provides the following benefits Employees report that Teleflex provides the following benefits Limitation... 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Indications may vary by country sum determined for all QDROs prepared through QdroDesk benefits the! Had continued in Section416 and the Treasury Regulations thereunder Limitation for Plan Years Plan Salaried! Spouse at his restates in its entirety the Teleflex Incorporated Retirement Appropriate Integration the tax qualified of. Treasury Regulations thereunder Employment with the Employer in accordance with be as set forth the. With or within such calendar Year reflect design and Current and former Employees report that Teleflex provides the following.. Rights and liabilities with respect to controlling and managing the Senior Manager stock of any Employer Treasury Regulations.... Day of the Employer in which a Key Employee participated Indications may vary by country benefits under the Investment Act. Percent ( 60 % ), multiplied under the Investment Advisers teleflex retirement support center of 1940 a... 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