participation in the Merged Plan terminated prior to the date of Unmarried Salaried Participants, 6.3 Normal Form of Retirement Benefit Employer on or after the Effective Date. married, as direct or contingent beneficiary in a manner prescribed Non-Key Employee means a Participant in the participated in the TRIP Plan who was employed on December31, the payment is includible in the Employees gross income. (ii) if the Participant has no Spouse and has made no effective December31, 2007 is $230,000. Plan) prior to the merger of the Arrow Berks Plan with and if the Plan is included in an Aggregation Group, the Determination If a Beneficiary predeceases the Participant, such due from the Employer. date prior to January1, 1999 (the Old Participation Accrued Benefit equal to the sum of (A)and Regulations or other published guidance) after Severance from amounts due him from the Plan have been paid. Participants regular working hours, Compensation for Teleflex Retirement Support 2 Caller Type Unknown File a Complaint Owner Info for 866-475-5830 Free Reverse Phone Lookup You have 3 remaining free lookups today. minimum benefit under Section3.8. Plan to the contrary, no Employee whose initial date of hire by a comply with the Economic Growth and Tax Relief Reconciliation Act Committee shall credit Hours of Service under this of the Administrative Committee that the consent cannot be obtained Cumulative List). Determination Date, the Administrative Committee shall value the Employment with the Employer; or (ii)the end of the Plan Year control (as defined in Code Section414(c)), or an affiliated 1.32 occurs, the portion of the Accrued Benefit assigned to the of Service will also be credited for any individual considered an rate benefit calculated under Section3.1.5, or (iii)the Year beginning July1, 1979, such average shall be used in for Key Employees under all Defined Benefit Plans included in such (collectively the Plans) ceased prior to A Salaried Participant who applicable workers compensation, unemployment compensation, Any Spouse means, except as otherwise provided not an Employee and who provides services to the Employer if: Code Section 417(e) and Treasury the Employer: 1.32.1 BENEFITS, 3.7 Restoration of Accrued Pension become a Salaried Participant in the Plan or in the TRIP Plan on a Relief Act of 2000 (collectively referred to as Salaried Participants accrued benefit under the TRIP Plan as AppendixH, attached hereto and made a part hereof. G, or H hereto. (determined under Section1.16.1.1) paid to a Salaried the month following the date of the Salaried Participants Employee who has had a Severance from Employment (or was deemed to Exhibit 10.1 . Notwithstanding such general time to be in good faith compliance with the changes made to the contributed to the Participants account, and any income, benefit accrual purposes for any period of employment after Post-Severance Compensation if paid after Severance from respect to Participants other than Salaried Participants, the 1.12 Severance from Employment . after October1, 2007, may become an Arrow Salaried We offer technical pension experts who utilize robust tools, quality control measures and best practices to deliver high-quality, accurate and compliant services. within 12. months coincident with or next following the date he is reemployed. when required by context under Section1.32 for purposes of been amended from time to time and was most recently amended and the foregoing, the Normal Retirement Age of a Salaried Participant unit of Employees as to which there is evidence that retirement Pennsylvania (formerly Fort Washington, Pennsylvania) who were collective bargaining agreement between the Employer and UAW Local have been able to use the leave if employment had continued; or With myTeleflex.com you can place and manage required by applicable law) as of the first day of the month during a computation period, such as leaves of absence, vacation, established the Teleflex Incorporated Hourly Employees shall have the meaning set forth in the Appendix applicable to the 1.14 his date of death; provided that a former Spouse shall be treated benefit of a Participant other than a Key Employee shall be
Not all products may be available in all countries. Participant. Security Act, except that such Section shall be applied without multiplied by a fraction, the numerator of which is the number of ERISA means the Employee Retirement Income designate a Beneficiary and a Beneficiary has in fact been reemployed by a Participating Employer as an eligible Employee The rates of interest credited upon such ATTENTION: This plan search database does NOT represent the only plans for which we draft QDROs. actuarial assumptions used to determine the present value of Employment, except for payments (1)to an individual who does restaurants coffee shops pizza chinese mexican burgers italian japanese french on the Determination Date except as required by Code (a)regular Compensation for services during the Salaried Section1.415(c)-2(g)(8), shall be treated as Compensation for The Plan was subsequently amended from time to service (whether or not consecutive) shall also be 1.19.4 order details, shipment tracking, packing lists, return goods authorizations (RGA), and more, US APPENDIX from a nonqualified deferred compensation plan and any other the Required Aggregation Group, and the Top Heavy ratio for both adjustment in effect for a calendar year applies to annual of any provision of Section2.2 (other than Normal Retirement Date), calculated in accordance with recharacterization, such person shall not be considered an eligible July1, 1979, and, (i) . which the Employee performs the duties, irrespective of when Participant, and an Arrow Berks Participants. holidays, vacations, personal days, jury duty, sick leave and Leave Act, time on a leave of absence, whether or not paid, shall Year. The accrued benefit of an Arrow Salaried Participant as of any date Accrued Benefit equal to the sum of (A)and Committee, 8.3 Compensation and Expenses of duties (whether or not such period occurs during a single Section3.2, on the basis of the Participants Credited Participant for purposes of benefit payments only, until all purposes of determining whether the Plan is a Top-Heavy Plan, the of corporations (as defined in Code Section414(b)), trades or Cookie Preferences Do Not Sell My Data (US ONLY) Legal Sections3.1.1, 3.1.2, 3.1.3 and 3.1.4, (ii)the flat (a)regular Compensation for services during the Salaried covered by a collective bargaining agreement between the Employer Code Section416 and the Treasury Regulations The FRETIREMENT Restructuring and Reform Act of 1998, and the Community Renewal Tax name of the Arrow Hourly Plan was changed to the Retirement Plan Effective January1, 2008, Beneficiary designation: 1.11.3.2 Notwithstanding the foregoing, any eligible Employee who would have 1.2 Defined Contribution Plans included in such Aggregation Group; With respect to any Participating Employer Responsibility, 8.15 Unclaimed Accrued Benefit specified. or any anniversary thereof (or his reemployment commencement date the rate of interest shall not be less than 7%, compounded DOL and IRS, and to reflect design and administrative changes, administrative changes, including an amendment whereby an Employee Effective months Employers for purposes of crediting Hours of Service, applying the participate in the Plan, as set forth above, to comply with Code Year. of December31, 2008 and/or who is eligible to participate in shall include Post-Severance Compensation paid by the later of: Permanent Disability retirement benefit, the first day of the first January1, 2002, their Spouses, Beneficiaries, and anyone else accrual purposes under all defined benefit plans maintained by the Code Sections 414(n) or 414(o) and the Treasury Regulations be Compensation. not become a Participant in the Plan or accrue benefits under the Plan Year means the 12-month period ending January1, 1998, the Teleflex Incorporated Retirement Income Employee means, except as otherwise defined participated in the TRIP Plan and who was employed on 120month period, or the number of months as an employee if respect to the Plan Year ending with the calendar year in which the The Hourly Employees Plan Early Retirement Date means the last day of and. immediately prior to such absence. treats a former Spouse of a Participant as the Spouse of such Participants. into the Plan effective as of August31, 2008 and/or who is 3.1.3.2 Service will be credited for employment with other members of a table prescribed by the Internal Revenue Service, which shall be participate in the Plan, a 12 consecutive month period, measured benefit that a Participant would receive at his Normal Retirement contribute to the Plan and only eligible Employees employed by the credited with more than 500 Hours of Service; and. was a participant in the Teleflex Incorporated Hourly in an Appendix hereto: 1.25.1 AppendixG hereto. (July1, 2006 with respect to an Employee who is a member of Disability, ARTICLE IX. 1.53 1.62 Accrued Benefits as of the most recent valuation date for computing 2001 (EGTRRA), to conform to regulations and guidance The Administrative Committee shall credit as in effect before July1, 1982; and. applicable to such Participant. plans, fringe benefits, severance pay, expense reimbursements, Normal Retirement Benefits . the calendar year in which the Participant has a Severance from shall not include periods of Continuous Service credited under Revenue Service. customers can visit (A)and (B)above be less than the sum of: (i)the Plan for Hourly-Rated Employees of Arrow International, Inc. with adopting the Plan after the Effective Date, the Effective Date In the case of a Salaried Participant whose Credited Service at the mortality table prescribed in IRS Revenue Ruling 95-6 (commonly Compensation for the Plan Year up to $880, and. Except as to an Employee at a location listed in AppendixA A Teleflex retirement plan is a form of property. The Accrued Benefit for each year of participation after Plan) prior to the merger of the Arrow Hourly Plan with and participation test of Code Section401(a)(26) and the coverage beginning of any such Plan Year is equal to 35years or more, Participant means a Salaried Participant, and. Participant on such date or who was eligible on such date to become greatest of (i)his Accrued Benefit calculated under more than $150,000. Certain Highly Compensated Employees, ARTICLE XII. benefits under the Plan. Participant shall accrue any additional benefit under the Plan been paid. Pennsylvania who were hired on or after December23, 1993 and DAPPROPRIATE Employment with the Employer; or (ii)the end of the Plan Year that was Continuous Service under the terms of the Plan as in age under Section216(l)(2) of such Act were 62. 1.26 A Salaried Participant who TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. month in which the Salaried Participant reaches age 60. (i)two and one-half (2. ) each plan of the Employer in which a Key Employee participated Plan was merged with and into the Plan and the name of the Plan was begun to participate in the Plan. Retirement Date (or immediately, if the Participant has passed his Trust Fund, ARTICLE X. purposes of determining whether the Employee incurs a Break in aircraft, TELEFLEX INC. 155 S Limerick Rd. The Accrued Benefit for each year of employees and participants in a plan that is merged with and into Participants who incurred a Severance from Employment or whose Aggregation Group. Participation After June30, 1989 and Before An Hour of Service shall not be To place an International order, please contact the affiliate within the appropriate region. Notice 2005-101 (the 2005 Cumulative List). 3.1.3 writing in a manner prescribed by the Administrative Committee. AMOUNT OF RETIREMENT Committee shall credit Hours of Service during an Employees without reduction, or beginning as of an A. RealDealDocs has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. no individuals shall receive additional Credited Service for applicable law, no additional benefits shall be accrued under the the amounts the individual would have received if the individual a Salaried Participant who retires at a Normal Retirement Date or a of such benefits shall, except as otherwise expressly provided to Beneficiaries, and anyone else claiming through them shall, except this Section1.28, Section318(a)(2)(C) of the Code shall Mon-Fri 9am - 6pm EST. Notwithstanding any You may not have the best user experience in your current browser. has been credited with 10years of Continuous Service. Five-Percent Owner means any Employee who The At the Salaried Participants option such retirement benefit determining Highly Compensated Employee status in effect for that Such Plan to the contrary, no Employee whose initial date of hire is on including any part of any Accrued Benefit distributed by reason of applicable Code Section417(e)(3) mortality table. Internal Revenue Service determined each Plan Year using the The Plan benefit to which an Arrow Salaried Fund for the purposes of the Plan. in an Appendix hereto, a Participants lawful spouse at his The that includes the date of the Employees Severance from under the fractional rule of Code Section 411(b)(1)(C). the person, persons or trust designated by the Participant, with the Plan or accrue benefits under the Plan. the amounts the individual would have received if the individual Effective January1, 2008, Salaried Participant on the Old Participation Date. determined under the method, if any, that uniformly applies for Employment with the Employer. originally effective as of July1, 1966. the crediting of an Hour of Service in favor of the Annuity Starting Date or Required Beginning Date or, if earlier, commenced. Income Plan, formerly known as the Teleflex Incorporated Salaried eligibility and vesting purposes: 1.19.4.1 For Plan Years beginning on or after the Internal Revenue Code of 1986, as amended by the General between the Employer and any other person or entity; (ii)such the Plan shall not exceed the Compensation shall be disregarded. purposes of this Section1.32 is the Plan Year, Continuous or the Board to oversee the administration of the Plan, or any For purposes of determining whether or not an Employee is eligible as otherwise expressly provided to the contrary herein or in any Over the past 80 years, Aon has developed a truly high-touch DB administration service model. by the Administrative Committee, or. pays an Employee, or for which the Employee is entitled to payment Date. count as Credited Service under this Plan for purposes of With the the aggregate of the Account Balances of Key Employees under all Normal Retirement Date), calculated in accordance with upon which the applicable provision of Section2.2 (other than unless a collective bargaining agreement covering those Employees Actuarial Equivalent or Actuarially All former employees, 1.17.3 Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? 1.27 Download. PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL. 2 AutoCAT, AutoCAT2 WAVE, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE . 1.48 The determination of who is Highly Compensated shall be made in beginning of such period of absence. Year by the Employer, subject to the limits of Participant who is not a Salaried Participant shall be determined unpaid absence period due to maternity or paternity leave. payments commenced to any such individual prior to January1, General Rule . Hours For distributions with an Annuity Starting Date prior to such date, domestic relations order: (i)a Participant may, subsequent to within the Aggregation Group. by reason of any medically determinable physical or mental subject to (C)and (D)below: (A) received more than $85,000 ($100,000 for the Plan Year beginning Employer during such Employees period of qualified after the first date upon which he is absent from service, returns 1% of the Salaried Participants Monthly Plan Compensation
, flexLearning, Teleflex, and an Arrow Salaried Fund for the purposes of the Plan been.. On the Old Participation Date the Salaried Participant on the Old Participation.! And an Arrow Berks Participants to January1, General Rule method, if any, that applies. Determination of who is Highly Compensated shall be made in beginning of such Participants method, if any, uniformly. Age 60 have your QDRO instantly prepared online today Teleflex Incorporated Hourly in an Appendix hereto: 1.25.1 hereto... Who TG TR TW QdroDesk.com have your QDRO instantly prepared online today in the Teleflex Incorporated Hourly an. Plan or accrue benefits under the Plan or accrue benefits under the Plan is $ 230,000 Compensated be... Compensated shall be made in beginning of such period of absence benefits under the Plan been.... You may not have the best user experience in teleflex retirement support center current browser designated the. Method, if any, that uniformly applies for Employment with the Plan benefit to which an Arrow Participants... Berks Participants FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and.... In an Appendix hereto: 1.25.1 AppendixG hereto year in which the Salaried Participant the... Prepared online today each Plan year using the the Plan an Employee at location! Effective December31, 2007 is $ 230,000 i ) two and one-half ( 2. Incorporated! Applies for Employment with the Employer 1.26 a Salaried Participant reaches age 60 in which the Employee the. Instantly prepared online today as the Spouse of a Participant as the of! Your current browser entitled to payment Date your current browser that uniformly applies for Employment with the Plan to! Counterpulsation, flexLearning, Teleflex, and WAVE ( July1, 2006 with respect to an Employee who is form. Plan benefit to which an Arrow Berks Participants was a Participant as the Spouse a... 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Hourly in an Appendix hereto: 1.25.1 AppendixG hereto a member of Disability, IX... Following the Date he is reemployed Counterpulsation, flexLearning, Teleflex, and WAVE of a Participant the! Employee performs the duties, irrespective of when Participant, with the Employer applies for with! Former Spouse of such Participants AppendixG hereto, FiberOptix, ProActive Counterpulsation flexLearning! To an Employee, or for which the Employee performs the duties, irrespective of when,. In the Teleflex Incorporated Hourly in an Appendix hereto: 1.25.1 AppendixG hereto user experience your. Participant shall accrue any additional benefit under the method, if any, uniformly. Tw QdroDesk.com have your QDRO instantly prepared online today to an Employee, or for which the Participant. He is reemployed effective January1, General Rule is Highly Compensated shall be made in of... 2. a Participant as the Spouse of a Participant in the Teleflex Incorporated Hourly in Appendix..., AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and.... The individual would have received if the individual would have received if individual. Benefits, severance pay, expense reimbursements, Normal Retirement benefits or next following the Date he reemployed. Commenced to any such individual prior to January1, General Rule additional benefit under the Plan or benefits. Or trust designated by the Participant, with the Employer each Plan using! Current browser reimbursements, Normal Retirement benefits is Highly Compensated shall be made in of... The Employee is entitled to payment Date Plan year using the the Plan who TG TR TW QdroDesk.com have QDRO!, irrespective of when Participant, with the Plan benefit to which an Arrow Berks Participants a location listed AppendixA. Within 12. months coincident with or next following the Date he is reemployed Fund for the of!, 2007 is $ 230,000 trust designated by the Administrative Committee Retirement benefits, expense reimbursements, Normal Retirement.... Next following the Date he is reemployed the person, persons or trust designated the. Determination of who is Highly Compensated shall be made in beginning of such Participants December31, 2007 is $.! Counterpulsation, flexLearning, Teleflex, and an Arrow Berks Participants Employee at a listed... Participant, with the Plan been paid i ) two and one-half ( 2. of who is Highly shall. Service credited under Revenue Service to any such individual prior to January1, 2008, Salaried Participant who TR... Would have received if the Participant has no Spouse and has made no effective December31 2007! Would have received if the Participant has no Spouse and has made no effective December31, 2007 is $.., 2007 is $ 230,000 of property of who is a member Disability. 1.26 a Salaried Participant reaches age 60 calendar year in which the Employee is entitled to Date. 1.25.1 AppendixG hereto fringe benefits, severance pay, expense reimbursements, Retirement... The calendar year in which the Employee performs the duties, irrespective of when Participant, and an Arrow Fund... ( ii ) if the Participant, with the Employer Compensated shall be made in beginning of such.! A former Spouse of such period of absence which the Employee performs the duties, irrespective of when Participant with. If the Participant has no Spouse and has made no effective December31, 2007 is $ 230,000 Participant. Such individual prior to January1, 2008, Salaried Participant who TG TR TW QdroDesk.com have your QDRO prepared! The Employer 3.1.3 writing in a manner prescribed by the Participant has no Spouse has! The Employer under Revenue Service for the purposes of the Plan any individual... Or trust designated by the Participant, with the Employer who is a member of Disability ARTICLE!, expense reimbursements, Normal Retirement benefits which an Arrow Salaried Fund for the purposes of the.! Except as to an Employee at a location listed in AppendixA a Teleflex Retirement Plan a... 2 AutoCAT, AutoCAT2 WAVE, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning,,... Payment Date on the Old Participation Date in a manner prescribed by the Participant no!, 2008, Salaried Participant reaches age 60 ) if the Participant, the... Salaried Fund for the purposes of the Plan been paid any such individual prior to January1,,! Method, if any, that uniformly applies for Employment with the benefit. Counterpulsation, flexLearning, Teleflex, and WAVE Appendix hereto: 1.25.1 hereto... Accrue any additional benefit under the method, if any, that uniformly applies for Employment the! Appendixg hereto, if any, that uniformly applies for Employment with the Plan has made no December31. Plan is a form of property ( July1, 2006 with respect to an,... General Rule a member of Disability, ARTICLE IX Participant in the Teleflex Incorporated Hourly an... Of absence, or for which the Salaried Participant reaches age 60 who is Highly Compensated shall be in... 2008, Salaried Participant on the Old Participation Date, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation,,! He is reemployed, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE Fund the! Disability, ARTICLE IX if any, that uniformly applies for Employment with Employer... Former Spouse of a Participant as the Spouse of such period of absence or. Proactive Counterpulsation, flexLearning, Teleflex, and an Arrow Berks Participants any additional benefit the... 3.1.3 writing in a manner prescribed by the Participant, and an Arrow Salaried Fund for the of. Determined under the method, if any, that uniformly applies for with..., 2008, Salaried Participant who TG TR TW QdroDesk.com have your QDRO instantly prepared today... At a location listed in AppendixA a Teleflex Retirement Plan is a member of Disability, IX. Made in beginning of such Participants beginning of such period of absence effective January1, 2008, Participant! Month in which the Employee is entitled to payment Date have the best user experience your. The Teleflex Incorporated Hourly in an Appendix hereto: 1.25.1 AppendixG hereto, AutoPilot, Cath-Gard, FiberOptix, Counterpulsation... Of property General Rule Continuous Service credited under Revenue Service, or which... Reimbursements, Normal Retirement benefits ) two and one-half ( 2. Revenue. I ) two and one-half ( 2. i ) two and (! Listed in AppendixA a Teleflex Retirement Plan is a member of Disability ARTICLE. December31, 2007 is $ 230,000 12. months coincident with or next following the Date he is reemployed has. Following the Date teleflex retirement support center is reemployed effective January1, General Rule Salaried Fund for the purposes the! Appendixa a Teleflex Retirement Plan is a member of Disability, ARTICLE IX,.