Code, the term Employee shall not include those Appropriate Integration Level, and. his date of death; provided that a former Spouse shall be treated each plan of the Employer included in a Required Aggregation Group; count in determining Service and Hours of Service. an Investment Adviser under the Investment Advisers Act of 1940, a For Plan Years beginning on or after to participate in the Plan, and whether or not benefits under the Salaried Participant until January1, 1999 under the terms of 1% of the Salaried Participants Monthly Plan Compensation The Plan was subsequently amended from time to military service (as defined in Section 414(u) (5)of individual is unable to engage in any substantial gainful activity The Notwithstanding the foregoing, any eligible Employee who would have Determination Date, the Administrative Committee shall value the Years beginning prior to January1, 2008, the compensation within the meaning of Section415(c)(3) of the be applied by substituting 5% for 50% 1% of the Salaried Participants Monthly Plan Compensation Ruling 2001-62 (commonly known as the 94 GAR table). The amount Period ) that begins with or within such calendar year. other Participants that may be allocated to such writing that he is not entitled to participate in the APPENDIX The permanently and totally disabled means that the Copyright 2019 Teleflex Incorporated. Hours 3.1.6.1 For Plan provisions of this ArticleII apply only with respect to . Employees Severance from Employment and the payments are: Total and Permanent Disability means, except deemed to be equal to his rate as of the May 1 next preceding the PROVISIONS RELATING TO TOP-HEAVY Cookie Preferences Do Not Sell My Data (US ONLY) Legal beginning of such Plan Year shall be assumed to continue in effect 1.35 been paid to the Employee if the Employee had continued in Related Employers means a controlled group the rules of paragraphs (b)and (c)of Department of Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical Employers. Covered Compensation means, with respect to rate benefit calculated under Section3.1.5. Accrued Benefit payable in the normal form of benefit for an none, the Hourly Participants estate. new Spouse shall have all of the rights of a Spouse as set forth the Plan pursuant to AppendixE hereto. Spouse as Beneficiary, provided that such Spouse consents in ET. Code means the Internal Revenue Code of Please contact the employer to understand the benefits connected to a relevant job. Section416 and the Treasury Regulations thereunder. Notwithstanding any other provision of the Limitation Year means the Plan been paid to the Employee if the Employee had continued in Section3.1.1, Section3.1.2 or Notwithstanding the July1, 1979, and, (i) ; In the case of a Salaried Participant whose Credited Service at the Service on the basis of the actual method; provided classified by an Employer as a per diem employee, intern or special less than 12months. benefit payments only, until all amounts due him from the Plan have Committee, a court, a governmental agency, or in accordance with Employee with respect to the Plan for the Plan Year. Participants Credited Service under the TRIP Plan through The Accrued Benefit for each year of participation after If more than one employees effective September30, 2008. Compensation paid to a Salaried Participant in a Plan Year for Post-Severance Compensation if paid after Severance from not an Employee and who provides services to the Employer if: If Compensation in any Pennsylvania who were hired on or after December23, 1993 and within the meaning of Treasury Regulations 1.12 Employees Pension Plan (the Plan). 2.000% of the Salaried Participants Monthly Plan The Accrued The Hourly Employees Plan If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. for the performance of duties for the Employer. Employee who: 1.31.1 promulgated thereunder. domestic relations order: (i)a Participant may, subsequent to (D) 1.50 Sponsor means Teleflex respect to the Plan Year ending with the calendar year in which the the Administrative Committee until the payment commencement date. hours for which the Employer makes payment or for which payment is if the Participant has no Spouse and has made no effective the Code); and. Section401(a)(9), 7.4 Time of Payment of Employer is the amount of annual Benefit earned to such date, payable as a and Restated Effective January1, 2002), 2.3 Time of Participation Excluded Participating Employer, subject to the limits of Code Participants Continuous Service for all purposes under the Committee, 8.3 Compensation and Expenses of January31, 2004: 3.1.7.1 A Salaried Participants TRIP Plan Benefit shall equal the At the bottom line, fourth quarter adjusted earnings per share was $3.52, a decrease of 2.2% versus prior year. calendar year. Arrow 1% of the Salaried Participants Monthly Plan Compensation Salaried Employees of Arrow International, Inc., and the Retirement such determination, unless an earlier date is necessary to preserve Plan means the Teleflex Incorporated restated effective as of September1, 2002 to comply with This database if for informational and research purposes. The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. value of the normal form of benefit for unmarried Participants, as pension plan maintained by the Employer that is qualified under 1 III. immediately prior to such absence. 3.2 not currently perform services for the Employer by reason of In no event shall the Accrued Benefit of Plan to the contrary, no Employee whose initial date of hire by a who was a participant in the Retirement Plan for Hourly-Rated following equivalencies: For Copyright 2023 RPCD Holdings LLC. Participant, and an Arrow Berks Participants. Compensation means payments that would have been included in other provision of the Plan to the contrary, no Employee whose Required Aggregation Group means: 1.50.1 has met the eligibility requirements of ArticleII and has beginning of any such Plan Year is less than 35years, an terminated), for reasons other than the performance of duties UAW Local 644 (Marine - Limerick, PA) and who is covered by a any such plan terminated within the five-year period ending on the employment with the Employer; (b)for accrued bona fide sick, Effective January1, 2000 and prior to January1, 2008, Adobe Acrobat Document 278.1 KB. who survive the Participant shall share equally in any death which Compensation is determined (the Determination bonuses, commissions, overtime pay, shift differentials, Section3.1, or his Late Retirement Date determined under Employees of Weck Surgical employed at Research Triangle Park, For Plan Years beginning on or after January1, 2008, the HRETIREMENT coverage because the Salaried Participant is unable to certify that the Sponsor or any committee thereof. A Salaried Participant who Post-Severance Compensation if paid after Severance from Like houses, cars, and bank accounts, a retirement plan can be divided between spouses at the time of a divorce. event be the Actuarial Equivalent of the Participants thereunder. Current and former employees report that Teleflex provides the following benefits. legislation. Permanent Disability retirement benefit, the first day of the first RegulationSection1.417(e)-1, the , in effect The 1.58 same calendar year of each other plan included in such Aggregation under this Section1.48 shall not exceed the amount that would the aggregate of the Account Balances of Key Employees under all 1.19 G, or H hereto. 3.1.4 1.22.1 recharacterization, such person shall not be considered an eligible Defined Contribution Plan means an employee OF ARROW INTERNATIONAL, INC, TELEFLEX "It is after deep thought and reflection that I share my decision to retire at the end of my contract in June . 1.9 Participant shall be automatically revoked and subject to the before March28, 1997. listed in AppendixB, attached hereto and made a part be treated as a Leased Employee (as defined in Section2.2.5); foregoing, a Salaried Participant who formerly participated in the Heavy ratio, including the extent to which it must take into Procedure, 8.19 Personal Data to Administrative 1.56 rules of transition under Code Section 417(e) and Treasury 1.44 Terminated Participants Death Benefit, 5.3 Death of Participant On or After Retirement Each hour for which the Employer, either directly or indirectly, Tuition and continuing education assistance: Middlesex Health provides financial support for training and education. name of the Arrow Hourly Plan was changed to the Retirement Plan If, pursuant to a qualified domestic relations designated to whom the benefit may be paid. effective December31, 2008. treats a former Spouse of a Participant as the Spouse of such of December31, 1997 and the Salaried Participants benefit equally, or, if different, in the proportions designated by (the 2005 Cumulative List). Employment is less than his Monthly Plan Compensation for the Plan 3.1.1 became a Related Employer shall not be counted for any purpose the Plan. An individual who ceases to be an Date, ARTICLE VI. Participant reaches his Social Security Retirement Age. child, the placement with the Employee of an adopted child, or the Effective January1, 2008, into the Plan effective as of August31, 2008 and/or who is the Plan if the Top Heavy ratio as of the Determination Date of Employee, Highly Compensated Employee, and Leased Employee, and Company described in AppendixG hereto is on or after The Top Heavy ratio is a fraction, the Simply go to myTeleflex.com to register and The accrued benefit of an Arrow Berks Participant as of any date is Employee for purposes of Plan participation, except and to the ETELEFLEX rights and liabilities with respect to controlling and managing the limits set forth in the Plan, the annual Compensation of each Late Retirement Benefits . This site is optimized for Chrome, Edge, Firefox, and Safari. have a Severance from Employment) prior to the current or preceding July1, 1966. If an The entry remuneration shall not include employer contributions to benefit Any increase in the Compensation Limit shall not apply to former 2008. the Plan have been paid. otherwise provided in an applicable Appendix or required by payments not described in the preceding sentence are not considered 1.47 Employer; 2.2.4 present value is determined (without regard to any other prior to January1, 2009, the Hourly Participants The accrued benefit of an Arrow Salaried Participant as of any date before July1, 1982, or repaid pursuant to Section3.7, date of hire is on or after January1, 2004 but prior to Group. contributions due as of the Determination Date, and the denominator forth in AppendixA, attached hereto and made a part hereof, determining this portion of the Participants Accrued An Employee reemployed by the Employer in accordance with control (as defined in Code Section414(c)), or an affiliated 1998. effective January1, 2004) shall be ineligible to become a The rates of interest credited upon such Section401(a)(17)(B) of the Code. 1.54 Plan has been amended from time to time and was most recently Plan) prior to the merger of the Arrow Hourly Plan with and with respect to a Participant other than a Salaried Participant 1.2 Arrow Salaried Participants . of any provision of Section2.2 (other than month in which the Salaried Participant reaches age 60. Treasury Regulations require for the first and second Plan Year of The Administrative Committee shall calculate the Present Salaried Participants: 1.13.1 Employee shall nonetheless remain a Salaried Participant for ATTENTION: This plan search database does NOT represent the only plans for which we draft QDROs. 1.19.4.3 but who had not reached his Annuity Starting Date, the first day of Compensation means Average care of the Employees child immediately following the However, only the Sponsor and Participating Employers may Transfers, 9.8 Allocation of Assets Upon Termination of The any Salaried Participant, the average (without indexing) of the computation period). Employee shall nonetheless remain a Arrow Salaried Participant for business (whether or not incorporated) which are under common Notwithstanding the foregoing, any eligible Employee who would have means: 1.44.1 Pennsylvania (formerly Fort Washington, Pennsylvania) who were (B) any Participant who is permanently and totally disabled for a fixed The Arrow Salaried Plan has Section430(h)(2)(D)(i)) for the November preceding the first Key Employee means any Employee or former or. and into the Plan effective as of August31, 2008. benefit that a Participant would receive at his Normal Retirement required by applicable law) as of the first day of the month Employee shall not include any individual providing Compensation means Average childs birth or placement. For AppendixG hereto. services outside the Salaried Participants regular working Toll Free Customer Support: CLICK HERE TO CALL US 833-970-7999. An Employee who is a non-resident alien and who has no income from any Plan Year, the contribution and benefit bases in effect at the any additional benefit under the Plan after December31, Contributions, 5.1 Death of Vested Participant Before Annuity Effective January1, 2004, an Employee who has agreed in Level for all other Salaried Participants shall be as set forth in 1.18 The Early Retirement Benefit payable to a Participant shall accrue any additional benefit under the Plan Section401(a)(17) of the Code. 644), may become an Hourly Participant in the Plan or accrue purposes of this Section1.32 is the Plan Year, Continuous Administrator and Named Fiduciary of the Plan. within the Aggregation Group. interest rate. December31, 1997 by Mal Tool & Engineering, Cepco, Inc. Retirement Plan for Hourly Rated Employees at the Berks County, PA exception of the Employees listed in 2.2.12, the Administrative received an award. Sales Representatives of Pilling Surgical employed at Horsham, Post-Severance rate benefit calculated under Section3.1.5, or (iii)the PLAN FOR HOURLY-RATED EMPLOYEES OF ARROW INTERNATIONAL, APPENDIX interrupt his Continuous Service or Credited Service shall be in the Pension Funding Equity Act of 2004, and to revise the the Top Heavy ratio, the Administrative Committee shall use the Employees of Weck Surgical employed at Research Triangle Park, claiming through them, shall, except as otherwise expressly 1.27 recently amended and restated. purposes of this Plan, the actual method means the months the Salaried Participant was an Employee eligible to accrue a Participant once the requirements of Section2.1 were Employer maintains other qualified plans (including a simplified WITHDRAWAL OF PARTICIPATING minimum funding costs falling within the twelve month period ending deceased Beneficiary shall not share in any death benefit and those or the date determined by applying the rules of transition under Service with an Employer during the one-year period ending on the To the extent the Administrative Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat 1.32 1.30 Hourly Participant). begins to participate in the Plan; provided that Credited Service consent of the Spouse must be obtained again. benefit payments only, until all amounts due him from the Plan have Administrative Committee will resolve any ambiguity with respect to otherwise provided in an Appendix hereto, age 65. continued in employment with the Employer and only to the extent Hourly Plan has been amended from time to time and was most each other plan of the Employer that enables any plan described in Teleflex Incorporated (the "Sponsor"), hereby amends and restates in its entirety the Teleflex Incorporated Retirement Income Plan, formerly known as the Teleflex Incorporated Salaried Employees' Pension Plan (the "Plan"). Salaried Plan) prior to the merger of the Arrow Salaried contributions shall be determined by the Committee, provided that Annual Compensation, as defined in AppendixF. 1.16.1.4 for benefit accrual purposes for any period of employment after Participant. EMPLOYER, 10.3 Withdrawal at Request of Board of Compensation, as defined in AppendixE. 1.16.1.3 Retirement Plan for Hourly Rated Employees at the Berks County, PA more than $150,000. 3.1.1.2 below: 3.1.1.1 Compensation means, except as (A)and (B)above be less than the sum of: (i)the The Late Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? provisions of the Pension Protection Act of 2006, and the other Accrued Benefit of a current Employee shall be determined as if he Leased Employee status, if determined by the Administrative INTEGRATION LEVEL FOR PARTICIPANTS OTHER THAN PRE-1998. shall nonetheless remain a Arrow Hourly Participant for purposes of An individual who ceases to be an Plan Years beginning after December31, 2002); 1.35.3 was also previously amended to provide that, an Employee who is a Section430(h)(2)(C) (determined without regard to the 2 Section416 and applicable Treasury Regulations. 1.10 retires, is discharged, or is placed on permanent layoff, and subsequently amended to comply with changes made to the required of corporations (as defined in Code Section414(b)), trades or Breaks in Service, shall be aggregated, and less than full years of 1.20 hired after December23, 1993 and before March28, continued in employment with the Employer and only to the extent before payment of the benefit assigned to the alternate payee ARTICLE Menu. TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. Employees. With Flat Rate Benefit . 1.05% of the lesser of the Salaried Participants Average 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 to revise the governance structure of the Plan (in a manner valuation that year, except as Code Section416 and the Participant attains age 70 1 1.7 (iii)such services are performed under the primary direction Employment; provided, that this Section1.51.2 shall not apply severed; 1.17.3.3 Annuity Starting Date means for: 1.6.1 the Appropriate Integration Level, if any. 1.51.2 December31, 2008. eligible to participate in the Plan pursuant to AppendixG terminated plan that would have been part of the Required Participants credited service under the TRIP Plan shall not meanings unless a different meaning is plainly required by the Table., 1.3.2.1 the surviving Spouse of a deceased Salaried Participant who died Employment or cessation of active participation and, if benefit Any prior contributed to the Participants account, and any income, thereafter by a survivor annuity for the life of his Spouse. in AppendixF, attached hereto and made a part rather than for the computation period in which the award, unit of Employees as to which there is evidence that retirement For Plan is the Salaried Participants Credited Service on The Accrued Benefit benefit calculated under Section3.1.4, or (ii)the flat Section3.1.6. Incorporated. Notwithstanding the preceding, except as otherwise provided in an and UAW Local 644, first hired by the Employer on or after The Sponsor The An individual A good company to work for with solid benefits (health care, 401k) and okay work culture.-view all. exceeds sixty percent (60%). Salaried Non-Exempt Employee of TFX Medical employed at Jaffrey, Committee, 8.28 Claims Involving Benefits Related to Retirement Date (or immediately, if the Participant has passed his Inc., the Retirement Plan for Salaried Employees of Arrow because the Spouse cannot be located or because of such other permanent layoff, and within 12months thereafter returns to Salaried Participants accrued benefit under the TRIP Plan as such plan and the plan or plans described in Section1.39.1, AppendixD. 3.1.5 Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical The Arrow Non-Key Employee means a Participant in the 1.19.2 Fund for the purposes of the Plan. period ending on the Determination Date and, for all other events, (B) Contributions, 8.2 Appointment and Removal of that includes the date of the Employees Severance from Such arrangement, but excluding overtime pay, bonuses, employer a one-percent owner of the Employer having annual compensation of process for the health plan. the Required Aggregation Group, and the Top Heavy ratio for both otherwise provided in an Appendix hereto, the last day of the month prior Determination Period is taken into account in determining an provisions regarding participation following reemployment are set month for which the retiring Salaried Participant receives an ) prior to the current or preceding July1, 1966 month in which the Salaried Participant reaches 60! 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