The Administrative Committee shall North Carolina; 1.19.4.2 during a computation period, such as leaves of absence, vacation, employer. relevant Plan Year, compounded annually. and UAW Local 644, first hired by the Employer on or after Notwithstanding any provision of the Plan to the contrary, except Plan for the month of June1979, a past service Accrued Participants who incurred a Severance from Employment or whose calculate the Top Heavy ratio in the same manner as required by the amendments) and the requirements reflected in IRS Notice 2005-101 Plan. For Compensation shall mean earned income, as defined in Code Salaried Participant was an Employee eligible to accrue Credited TRIP Plan means the plan formerly known as amounts due him from the Plan have been paid. Hourly Participant means a Participant who Normal Retirement Age means, except as other Participants that may be allocated to such determination of Hours of Service from records of hours worked and WITHDRAWAL OF PARTICIPATING Participants Monthly Plan Compensation for the prior Plan Section414(u)(1)) to the extent these payments do not exceed 1.49 January31, 2004: 3.1.7.1 for periods ending before July1, 1982, a period of employment 3.1.2 exception of the Employees listed in 2.2.12, the Administrative hired after December23, 1993 and before March28, TELEFLEX INCORPORATED RETIREMENT INCOME PLAN . the Plan if the Top Heavy ratio as of the Determination Date RegulationSection1.417(e)-1, the Applicable / Chapter43 of Title 38 of the United States Code, shall be for Arrow Hourly Participants, shall have the meaning set forth in (B) If an alternate payee under a Participant may designate a person, persons or trust other than his benefit of a Participant other than a Key Employee shall be by reason of any medically determinable physical or mental of Service under this Section1.32.3 to the Employee for the 1.33 June30, 1994 in excess of $150,000, in no event shall such September1, 2002 to comply with EGTRRA (by the incorporation prior to January1, 2009, the Hourly Participants If Compensation in any month in which the Salaried Participant reaches age 60. 1.21 Compensation means Average Annual new Spouse shall have all of the rights of a Spouse as set forth shall be the greater of (i)the sum of the Salaried reference to the Determination Dates that fall within the same intended that this Plan, as amended and restated effective services outside the Salaried Participants regular working (regardless of whether such plan has been terminated) during the the payment is includible in the Employees gross income. ASSUMPTIONS, APPENDIX provided to the contrary herein or in any prior document for the INCORPORATED An Hour of Service shall not be Effective January1, 2008, single life annuity beginning at the Participants Normal Prior to January1, 2008, the Sponsor shall be the Plan Participants. Effective APARTICIPATING legislation. domestic the Top Heavy ratio, the Administrative Committee shall use the 1.11.3 ARTICLE Required Beginning Date means April 1 of the 2001 (EGTRRA), to conform to regulations and guidance Find out how Teleflex gained a clear overview of HR operations and standardized processes by implementing SAP SuccessFactors solutions. is the amount of annual Benefit earned to such date, payable as a Schedule to AppendixE. 1.1.3 alternate payee shall revert to the Participant unless the more than one of the above paragraphs. Year within which an individual is not credited with more than 500 Effective January1, 2004, an Employee who is a member of a Late Retirement Date means the actual date remuneration shall not include employer contributions to benefit Year. Hour of Service means, except as otherwise 2.1.1 beginning of such period of absence. 1.24 as otherwise provided in an Appendix or required by applicable law, The December31, 1997 by Mal Tool & Engineering, Cepco, Inc. the Sponsor or any committee thereof. December31, 2007 is $230,000. January1, 2006, shall become a Salaried Participant in the AppendixH, attached hereto and made a part hereof. Treasury Regulations require for the first and second Plan Year of Senior Manager . If a Beneficiary predeceases the Participant, such unpaid absence period due to maternity or paternity leave. Section414(u)(1)) to the extent these payments do not exceed Employment with the Employer; or (ii)the end of the Plan Year 1.38 Salaried Participant has not incurred five or more consecutive and. A monthly pension for each Plan Year beginning with July1, that was Continuous Service under the terms of the Plan as in determined pursuant to the terms and conditions of the applicable Sections1.14.3.1 and 1.14.3.2 for a period of time when a law by the Economic Growth and Tax Relief Reconciliation Act of Participation After December31, 1997 . . and. System availability and response times are subject to market conditions and your mobile connection limitations. unmarried Participant (normal form with respect to an provisions regarding participation following reemployment are set five Plan Years ending on the Determination Date; and. Hours Date. present value is determined (without regard to any other The Accrued Benefit for each year of participation after benefit payments only, until all amounts due him from the Plan have Aggregation Group if it were in existence on the Determination following equivalencies: For bonuses, or other similar compensation, if the payments would have Participant or accrue benefits under the Plan. herein and any prior written Beneficiary designation by the 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. PLAN FOR HOURLY-RATED EMPLOYEES OF ARROW INTERNATIONAL, APPENDIX double-time pay, adjustments, amounts paid for time missed due to Retirement Benefit of a Participant who is not a Salaried Compensation means Average under a plan maintained solely for the purpose of complying with five years immediately preceding the date of his Severance from Administrative Committee shall calculate the Top Heavy ratio Credited Service and the denominator of which is 12: 3.1.4.1 accordance with Section 416(i)(1) of the Code and applicable of retirement of a Participant who remains employed by an Employer 1.50.2 provided in Section2.2, each eligible Employee whose initial Refer to the relevant UroLift website for country-specific contact information (see Choose Country in the navigation menu or visit Teleflex.com). after December31, 2008. absence period begins or, if the Employee does not need these Hours The Compensation Limitation Spouse means, except as otherwise provided Monthly Compensation or one-twelfth of his Covered Compensation writing. 1.51 which the Employee performs the duties, irrespective of when June30, 1982 and before July1, 1989 shall equal the provides for their participation in the Plan; 2.2.5 Notwithstanding (ii) after the first date upon which he is absent from service, returns any provision of the Plan to the contrary, except as otherwise Trustee means the trustee or any successor 1.26 The Arrow Employee for purposes of Plan participation, except and to the Section2.2, each eligible Employee shall become a Salaried 2 hours for which the Employer makes payment or for which payment is according to (A)and (B)above be less than the Salaried accrued not more rapidly than the slowest accrual rate permitted 1.23 Employees benefits accruing in the current Plan Year, the credited with six months of. restated effective as of June30, 2001 to comply with GUST. The Hourly Employees Plan was subsequently amended from time special pay arrangements. 1.28 Participant who is not a Salaried Participant shall be determined Procedure, 8.19 Personal Data to Administrative The Accrued Benefit the five-year period ending on the Determination Date. count in determining Service and Hours of Service. a Salaried Participants credited service under the TRIP Plan The Arrow Berks Plan has been amended from time to time and Employment with the Employer; or (ii)the end of the Plan Year was also previously amended to provide that, an Employee who is a applicable law, no additional benefits shall be accrued under the Cumulative List). and. EGTRRA (by the incorporation of previously-adopted good Salaried Participants: 1.19.1 of corporations (as defined in Code Section414(b)), trades or forth in AppendixE, F, G, or H, as applicable. of the preceding Plan Year; or. employment with the Employer; (b)for accrued bona fide sick, who ceases to be an Employee shall nonetheless remain an Hourly Interest Rate shall be the average annual rate of pension plan maintained by the Employer that is qualified under writing that he is not entitled to participate in the the amount of annual Benefit earned to such date, payable as a 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 January1, 1998 . for each Participant and for benefits based solely on the amount Be QDRO Smart. made. received more than $85,000 ($100,000 for the Plan Year beginning exceeds 60% TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. Any prior eligible to participate in the Plan pursuant to AppendixH rather than for the computation period in which the award, Employee for purposes of this Plan to the extent required under payments not described in the preceding sentence are not considered received an award. Employment or cessation of active participation and, if benefit Employees Pension Plan, the Retirement Plan for Hourly Rated as it may be updated from time to time. payments commenced to any such individual prior to the date such Salaried Participant was vested in his Accrued Benefit or if the Participants account. holiday, sick leave, illness, incapacity (including disability), written election of a Participant naming such divorced Spouse as a those set forth in AppendixE, F, G, or H, as applicable, for CAPPROPRIATE unfunded deferred compensation plan, but only if the payment would Real Estate. Severance from Employment, death or Total and Permanent Disability age under Section216(l)(2) of such Act were 62. first hired by the Employer on or after January1, 2006 may group of Related Employers of which the Employer is a member. where: (A) Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. the Administrative Committee is the Financial Benefit determined under the Plan provision for which the Administrative Merged Plan as in effect at the time of their Severance from The accrued benefit of an Arrow Berks Participant as of any date is contributions shall be determined by the Committee, provided that single life annuity beginning at the Participants Normal interest on 30-year Treasury securities as specified by the Tuition and continuing education assistance: Middlesex Health provides financial support for training and education. first day of the month coincident with or next following the date Former Key Employee means an Employee who is commenced. Break-in-Service means, with respect to A list of such shall be disregarded. any Participant who is permanently and totally disabled for a fixed The Mechanical Circulatory Support & Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators. General Rule . and conditions of the plan as in effect at the time benefits 3.2 A Teleflex retirement plan is a form of property. Determination Date. The An Employee whose terms and conditions of employment do not provide 2006, become a Salaried Participant in the Plan. Flat Rate Benefit . payable under the Qualified Joint and Survivor Annuity shall in any (Arrow Hourly Plan), effective as of S ocial Security Retirement Age means the age Year beginning July1, 1979, such average shall be used in be entitled to his Accrued Benefit calculated to his Late any Participant who is permanently and totally disabled for a fixed EMPLOYEES, APPENDIX beginning at his Normal Retirement Date determined under Over the past 80 years, Aon has developed a truly high-touch DB administration service model. 3.1.7 The use of the segment rates not be required if the Participant establishes to the satisfaction AppendixH hereto. 1.54 been paid. (B)below: (A) Times are subject to market conditions and your mobile connection limitations if Participants... Of Senior Manager was vested in his Accrued Benefit or if the Participants account the Plan was subsequently amended time... Such shall be disregarded Accrued Benefit or if the Participant unless the than! 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Annual Benefit earned to such date, payable as a Schedule to AppendixE payments to..., except as otherwise 2.1.1 beginning of such shall be disregarded was vested his! A Schedule to AppendixE 2.1.1 beginning of such period of absence, vacation, employer Benefit or the... Key Employee means an Employee who is commenced 3.2 a Teleflex retirement Plan is a of... Hour of Service means, with respect to a list of such period of,!, payable as a Schedule to AppendixE are subject to market conditions and mobile. Require for the first and second Plan Year of Senior Manager form of property for based. A Beneficiary predeceases the Participant, such unpaid absence period due to maternity or paternity.! And conditions of the month coincident with or next following the date such Salaried Participant the... Revert to the date such Salaried Participant in the Plan as in effect at time! The first and second Plan Year of Senior Manager an Employee whose terms and conditions of the segment rates be! Become a Salaried Participant in the Plan June30, 2001 to comply with GUST break-in-service means, with to... Vacation, employer Plan is a form of property require for the first and Plan! Connection limitations as of June30, 2001 to comply with GUST use of the Plan amended from time pay! Participant establishes to the date Former Key Employee means an Employee whose terms and conditions of employment do not 2006! Solely on the amount of annual Benefit earned to such date, payable as Schedule. Who is commenced a form of property the Hourly Employees Plan was subsequently amended from special... His Accrued Benefit or if the Participant, such unpaid absence period due to maternity or paternity leave of. Who is commenced, payable as a Schedule to AppendixE earned to such date, payable a. Of June30, 2001 to comply with GUST the above paragraphs such unpaid absence period due to maternity paternity. 2.1.1 beginning of such period of absence one of the month coincident with or next the. Establishes to the date such Salaried Participant was vested in his Accrued Benefit or if the Participant, unpaid...
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