teleflex retirement support center
1986, as amended. been paid. An individual
1.44
Please call 800-724-7526, Monday through Friday 8 a.m. to 10 p.m. issued by the Department of Labor (DOL) and Internal
2008. 3.1.1
pension plan maintained by the Employer that is qualified under
. Treasury Regulations require for the first and second Plan Year of
thereto. any provision of the Plan to the contrary, except as otherwise
(or such other period as extended by subsequent Treasury
3.1.1.2 below: 3.1.1.1
Participation After December31, 1997 . Section1.32.2 to an Employee on account of any single
been amended from time to time and was most recently amended and
2.2.6
the Code); and. unless a collective bargaining agreement covering those Employees
(July1, 2006 with respect to an Employee who is a member of
Locations of Arrow International, Inc. (Arrow Berks
Effective January1, 2004, an Employee who is a member of a
January1, 2008, , or the date determined by applying the
the aggregate of the present value of cumulative accrued benefits
Notice 2005-101 (the 2005 Cumulative List). The
The Administrative
Investment Manager means person or
unmarried Participant (normal form with respect to an
Prior to January1, 2002, except as provided in
1.61
applicable to other Employees are set forth in AppendixE, F,
begun to participate in the Plan. Be QDRO Savvy. the Plan (Merged Plan) whose employment or active
Section416 and applicable Treasury Regulations. There shall be excluded from
vacation or other leave, but only if the Salaried Participant would
benefits under any other defined benefit plan taken into account in
Salaried Employees of Arrow International, Inc., and the Retirement
Late Retirement Date means the actual date
Employees 55th birthday in accordance with the rules for
determining this portion of the Participants Accrued
rate benefit calculated under Section3.1.5. due from the Employer. The Administrative Committee shall
aggregated plan does not have a valuation date coinciding with the
services rendered to an Employer divided by the number of full
Participation Before July1, 1982 . Participant means a Salaried Participant,
All former employees,
table prescribed by the Internal Revenue Service, which shall be
Cash flow from . Employees Pension Plan (the Plan). the Social Security Act for each calendar year in the 35-year
provisions of this ArticleII apply only with respect to
1
duties (whether or not such period occurs during a single
It also features three emergency departments and two urgent care centers, along with many other programs and services. The
an employment relationship with the Employer. 1989. 1.46
1.56
of opting out of medical coverage, amounts deferred under a
Plan Administrator. Participant shall be automatically revoked and subject to the
The
Plan) prior to the merger of the Arrow Hourly Plan with and
QDRO.com Premium QDRO Drafting Service for TELEFLEX INCORPORATED RETIREMENT INCOME PLAN only costs $299 and includes unlimited revisions until accepted by the plan and court. Each hour for which the Employer, either directly or indirectly,
effective January1, 2004) shall be ineligible to become a
The Plan benefit to which an Arrow Hourly Participant is
The
Sponsor or a Participating Employer are eligible to participate in
permanently and totally disabled means that the
thereafter by a survivor annuity for the life of his Spouse. Teleflex Customer Service (USA and Canada) Tel: 1-866-246-6990 (8am-7pm EST / Mon-Fri) Email: cs@teleflex.com Teleflex Medical OEM Customer Service (Global) Tel: 1-800-474-0178; International: 1-508-964-6021 Fax: 1-888-273-6897; International: 1-508-964-6077 Email: manscustomerservice@teleflex.com Income Plan, formerly known as the Teleflex Incorporated Salaried
January1, 1998, a Salaried Participants monthly rate
an individual who is not employed by an Employer but is required to
eligibility and vesting purposes: 1.19.4.1
414(c) and 414(m) of the Code shall not apply. not credit more than 501 Hours of Service under this
. Section3.1.3.1 or the amount determined under
1.20
Trust Fund, ARTICLE X. requirements reflected in IRS Notice 2005-101 (the 2005
1.19.4.3
1.49
Notwithstanding any provision of the Plan to the contrary, the
a Participant once the requirements of Section2.1 were
January1, 2008, , or the date determined by applying the
Sponsors acquisition of Arrow on October1,
The Annuity
promulgated thereunder. 1.16.1.1
(including distributions, if any, of the Accrued Benefit) of an
Determination Date. 1.38
The accrued benefit of an Arrow Salaried Participant as of any date
had continued to perform services for the Employer; or (2)to
1% of the Salaried Participants Monthly Plan Compensation
Notwithstanding any provision of the Plan to the contrary, after
Date) under the terms of the Plan or the TRIP Plan as in
1.34
shall nonetheless remain an Arrow Berks Participant for purposes of
The Compensation Limitation
2
restated effective as of June30, 2001 to comply with GUST. the Social Security Act or under the Employers long-term
Accrued Benefit calculated under Section3.1.4, (ii) the flat
Teleflex is a global provider of medical technologies designed to improve the health and quality of people's lives. How to login to Services Online Reset your password for OPM Retirement Services Online Get your monthly annuity payment statement Get your annual summary of payment Verify life insurance enrollment (FEGLI) Get your 1099-R tax form Change your federal and state income tax withholdings View or print your retirement card Such
Educational Center - Straight to the Heart of Cardiac Care . within the Aggregation Group. The amount
TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. (collectively the Plans) ceased prior to
required by applicable law) as of the first day of the month
Participant was employed during the calendar year by the
by reason of any medically determinable physical or mental
hereto. benefit shall be calculated using the Applicable Interest
Participant. Committee must take into account under qualified plans included
of a decree of divorce shall not automatically revoke a prior
continued in employment with the Employer and only to the extent
Our customized services include outsourcing, co-sourcing and in-sourcing options. the amount of annual Benefit earned to such date, payable as a
Committee is measuring an Employees Hours of Service. September1, 2002 to comply with EGTRRA (by the incorporation
Accrued Benefit payable in the normal form of benefit for an
calendar year. and Restated Effective January1, 2002), 2.3 Time of Participation Excluded
effect on December31, 1997, but who would not become a
Employees Pension Plan (Hourly Plan) prior to
services outside the Salaried Participants regular working
Compensation determined on his date of his Severance from
HRETIREMENT
DAPPROPRIATE
Section318 of the Code) more than 5% of the outstanding stock
life insurance coverage, car allowances, personal use of
manner consistent with the Sponsors acquisition of Arrow on
Section5.1 of the TRIP Plan in effect on July31,
has met the eligibility requirements of ArticleII and has
rate benefit calculated under Section3.1.5, or (iii)the
calendar year following the later of: 1.51.1
equal his Accrued Benefit, based on the Salaried
the Required Aggregation Group, and the Top Heavy ratio for both
subject to (C)and (D)below: (A)
to the required interest rate assumption used for adjusting
accrued benefits for the purpose of the Top-Heavy test shall be
plan merged with and into this Plan, the time and manner of payment
Employee shall not include any individual providing
benefit payments only, until all amounts due him from the Plan have
who is a member of UAW Local 644 (Marine - Limerick, PA) and who is
Employment, except for payments (1)to an individual who does
Plan Year means the 12-month period ending
A Beneficiarys right to information or data
The Hourly Employees Plan
For
1.6
Regulations or other published guidance) after Severance from
September1, 1976. Retirement Date, as determined under Section3.1. customers can visit
(within the meaning of Code Section414(q)(4)) for such
value of the normal form of benefit for unmarried Participants, as
(B)below: (A)
Retirement Income Plan as set forth in this document and the
GRETIREMENT
where hourly paid Employees are eligible to participate, an
Participants other health coverage as part of the enrollment
accrual purposes under all defined benefit plans maintained by the
shall have the meaning set forth in the Appendix applicable to that
Employment, except for payments (1)to an individual who does
Post-Severance Compensation if paid after Severance from
hours (such as overtime or shift differential), commissions,
Participants Monthly Plan Compensation for the Plan
We have a 100% guarantee of plan approval for all QDROs prepared through QdroDesk. Plan Year. accrue benefits under the Plan. Disability, ARTICLE IX. also hereby amends and restates the Teleflex Incorporated Hourly
beginning of any such Plan Year is less than 35years, an
beginning of any such Plan Year is equal to 35years or more,
relevant Plan Year, compounded annually. 644), may become an Hourly Participant in the Plan or accrue
Participant. adjustment in effect for a calendar year applies to annual
Traditional IRAs are usually funded with before-tax dollars and are generally fully taxable . described in Section414(n)(5)(i) of the Code; and. 1.40
If Compensation in any
cafeteria plan described in Section125 of the Code. January1, 1998 . reemployed by a Participating Employer as an eligible Employee
Compensation, as defined in AppendixE. 1.16.1.3
Date) under the terms of the Plan or the TRIP Plan as in
regard to the age increase factor, and as if the early retirement
Section2.2, each eligible Employee shall become a Salaried
1.27
was formerly a Key Employee. (0321-1FTF) (04/21) Requires a wireless signal or mobile connection. the month following the date of the Salaried Participants
applicable requirements of Section 401(a) and 501(a) of the
EGTRRA (by the incorporation of previously-adopted good
been paid. such plan and the plan or plans described in Section1.39.1,
Retirement Date (or immediately, if the Participant has passed his
(c)received by an Employee pursuant to a nonqualified
count in determining Service and Hours of Service. Employment or cessation of active participation, and, if benefit
The global major manufacturers of Thrombectomy Devices include Boston Scientific, Medtronic, Teleflex, Penumbra, The Spectranetics, AngioDynamics, Terumo, Johnson and Johnson and Stryker. Section 414(q)(1)(B) as of June30, 1989) under
Limitation . The Compensation Limitation for Plan Years
We get to know you, your pension plan . pays an Employee, or for which the Employee is entitled to payment
provisions regarding participation following reemployment are set
(C)
Like houses, cars, and bank accounts, a retirement plan can be divided between spouses at the time of a divorce. /
Salaried Participants: 1.17.1
An Employee whose terms and conditions of employment do not provide
Employees at the Berks County, PA Locations of Arrow International,
related trust agreement pursuant to which the Trust is
An Employee of an Employer who does not work at the locations
beginning of any such Plan Year is less than 35years, an
Participants years of Credited Service on such
commenced. Non-Key Employee means a Participant in the
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 and conditions of the plan as in effect at the time benefits
of the sum of such aggregates determined for all
3.3.1
PLAN FOR HOURLY-RATED EMPLOYEES OF ARROW INTERNATIONAL,
any court or governmental agency. In no event will an
Former Key Employee means an Employee who is
Code. Determination Date, the Administrative Committee shall value the
Compensation means Average
for the performance of duties for the Employer. childs birth or placement. The
Level for all other Salaried Participants shall be as set forth in
employer. 1.57
Employer during such Employees period of qualified
for any other purpose as required by the Code or by the Plan. 24-month averaging provided under Code
Plan; 2.2.11
layoff, jury duty or military duty. . before payment of the benefit assigned to the alternate payee
Committee. Annuity Starting Date means for: 1.6.1
a divorce, designate someone other than his former Spouse as
count as Credited Service under this Plan for purposes of
October1, 2007), and to close participation to newly hired
Carolina and New Jersey Plants of Arrow International, Inc.
The Accrued Benefit of a Salaried Participant who formerly
Notwithstanding any provision of the Plan to the contrary, the
pension plan maintained by the Employer that is qualified under
INTEGRATION LEVEL FOR PRE-1998 EMPLOYEES, APPENDIX
described in this paragraph to the computation period in which the
Benefit, 4.2 Full Vesting in Accumulated
Participant in a Plan Year for services rendered to a Participating
Board of Directors means the Board of
Salaried Participant on the Old Participation Date. and their Beneficiaries. Home; ARROW Videos; ARROW IABP Class Room; ARROW Support Materials; ARROW WAVE Algorithm; ARROW Right-Heart . 1998 (including the short Plan Year from July1, 1997 through
Plan for the month of June1979, a past service Accrued
PROVISIONS RELATING TO TOP-HEAVY
In addition to other applicable
The Administrative Committee shall calculate the Top
and Reemployment Rights Act of 1994, the Small Business Job
of Service will also be credited for any individual considered an
for the purpose of ArticleIV, relating to vesting, a Plan
Participants. Section3.1.3.2 below, whichever is applicable, multiplied by
Except as provided to the contrary under a qualified
beginning after December31, 1997 shall equal the amount
TRIP Plan means the plan formerly known as
participation test of Code Section401(a)(26) and the coverage
Any
Equivalent: 1.3.1.1
have been able to use the leave if employment had continued; or
a fraction, the numerator of which is the number of months the
severed; 1.17.3.3
with respect to a Participant other than a Salaried Participant
Employees of Arrow International, Inc. (Arrow Hourly
occurs, the portion of the Accrued Benefit assigned to the
segment rates applied under rules similar to the rules of Code
of the month ending with or within which, any such provision
Employer maintains other qualified plans (including a simplified
applicable Code Section417(e)(3) mortality table. Normal Retirement Date), calculated in accordance with
determining Highly Compensated Employee status in effect for that
To the extent the Administrative
1.24
independent contractor, notwithstanding a contrary determination by
A Salaried Participant who
Committee, 8.9 Delegation and Allocation of
who is employed by an Employer as a pilot shall be age
purposes of determining ownership in the Employer under this
PLAN FOR HOURLY RATED EMPLOYEES AT THE BERKS COUNTY, PA
set forth in an Appendix hereto, with respect to employment with
PLAN, ARTICLE XIII. the TRIP Plan before its merger into the Plan, averaged over the 60
Participant, and an Arrow Berks Participants. For purposes of determining the amount of a Participants
Accrued Benefit, the Actuarial Equivalent of such
are reported on a Form W-2; 1.25.2
lasted or can be expected to last for a continuous period of not
deferred arrangement described in Section 401(k) of the Code or a
treated as though he had been actively performing services for the
Accrued Benefit of a current Employee shall be determined as if he
specified. computation period). provisions of this amended and restated Plan shall apply solely to
defined under Section417 of the Code, but. Plan to the contrary, no Employee whose initial date of hire is on
hereto, respectively. Employees of Weck Surgical employed at Research Triangle Park,
Compensation for that prior Determination Period is subject to the
a Salaried Participant electing an early, normal, late or Total and
Berks County, PA Locations of Arrow International, Inc.
Section430(h)(2)(C) (determined without regard to the
is the amount of annual Benefit earned to such date, payable as a
manner, elect to credit Hours of Service using one or more of the
With the
(ii)
Period and the denominator of which is 12. as the Spouse or surviving Spouse to the extent provided under a
Normal Retirement Date), calculated in accordance with
the Plan as in effect on January1, 1998, shall become a
/
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"). Functionality may vary by operating system and/or device. Service and has reached age 20. . The determination of who is a Key Employee shall be made in
Plan for Salaried Employees (Arrow Salaried Plan)
Directors, 11.2 Benefit Limitations Rules for
An Hour of Service shall not be
service and is credited with an Hour of Service, his Continuous
with further questions. of the Employer, or stock possessing more than 5% of the total
The eligibility and participation provisions
The following Employees (individuals
such determination, unless an earlier date is necessary to preserve
1.33
Plans Committee or such other committee appointed by the Committee
BACTUARIAL