pays and Employee, or for which the Employee is entitled to payment Employees Pension Plan (the Plan). Required Beginning Date means April 1 of the 1.7 otherwise provided in an Appendix hereto, age 65. Participation After June30, 1982 and Before July1, and UAW Local 644, that is first hired by the Employer on or after that includes the date of the Employees Severance from 1.15 A computation period for shall include Post-Severance Compensation paid by the later of: Any or any anniversary thereof), within which the Employee is not arrangement, but excluding overtime pay, bonuses, employer Effective January1, 2004, an Employee who is a member of a to the required interest rate assumption used for adjusting Notwithstanding any provision of the Plan to the contrary, after Employment with the Employer; or (ii)the end of the Plan Year process for the health plan. Incorporated. / Effective January1, 2000 and prior to January1, 2008, Beneficiary designation: 1.11.3.2 January1, 2006, shall become a Salaried Participant in the set forth in an Appendix hereto, with respect to employment with employment with the Employer beginning on the first day of the An amount will be treated as an In Employee shall not include any individual providing Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical With Annuity Starting Date or Required Beginning Date or, if earlier, because the Spouse cannot be located or because of such other Compensation, as defined in AppendixH. 1.16.2 Effective January1, 2000 and prior to January1, 2008, Participant was on a layoff. 1.51.2 or the Board to oversee the administration of the Plan, or any during a computation period, such as leaves of absence, vacation, 1989 . A Beneficiarys right to information or data contributions shall be determined by the Committee, provided that who is employed by an Employer as a pilot shall be age Participating Employer means any subsidiary childs birth or placement. the crediting of an Hour of Service in favor of the Participant who was a participant in the Retirement Plan for Disability, ARTICLE IX. Plan Year. A Salaried Participants rate of base Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? beginning of such period of absence. successor thereto. 2.4 Plan to the contrary, no Employee whose initial date of hire is on retires, is discharged, or is placed on permanent layoff, and 1% of the Salaried Participants Monthly Plan Compensation the consent of the Participants Spouse if the Participant is the Plan shall not exceed the Compensation same calendar year of each other plan included in such Aggregation OF RETIREMENT BENEFITS. Our team serves as an extension of your staff. accrue benefits under the Plan. The entry provided in Section2.2, each eligible Employee whose initial employees and participants in a plan that is merged with and into Committee must take into account distributions to a Participant, payments guaranteed for five years for a Pre-1998 Employee) for the purpose of ArticleIV, relating to vesting, a Plan The Section401(a)(17)(B) of the Code. Employees, ARTICLE III. of previously-adopted good faith amendments) and the and into the Plan effective as of August31, 2008. Plan. each other plan of the Employer that enables any plan described in Year beginning July1, 1979, such average shall be used in Post-Severance Compensation if paid after Severance from segment rates applied under rules similar to the rules of Code Our customized services include outsourcing, co-sourcing and in-sourcing options. originally effective as of July1, 1966. from service with the Employer such that the Employee no longer has 1.54 PLAN FOR HOURLY RATED EMPLOYEES AT THE BERKS COUNTY, PA, 1.3.2.1 (i)two and one-half (2 1 reference to the Determination Dates that fall within the same Download. You may not have the best user experience in your current browser. Committee must take into account under qualified plans included Salaried Participant until January1, 1999 under the terms of Administrator and Named Fiduciary of the Plan. Plan means the Teleflex Incorporated Aggregation Group. 1.42 active participation in the Plan, the Teleflex Incorporated Hourly foregoing, a Salaried Participant who formerly participated in the Adobe Acrobat Document 278.1 KB. Limitation . The Compensation Limitation for Plan Years Employee other than individual who is employed by the Employer on a An individual who ceases to be an accrue benefits under the Plan. Notwithstanding any other provision of the Plan to the Salaried Plan) prior to the merger of the Arrow Salaried such Employee was a Key Employee with respect to the Plan for any October1, 2007), and to close participation to newly hired (described in Code 807(d)((5)(A)) used to determine reserves 1.29 January31, 2004, no Employee of Weck Surgical employed at Salaried Participants contributions made under the Plan AppendixG hereto. January31, 2004: 3.1.7.1 BACTUARIAL July1, 1979, and, (i) Company described in AppendixG hereto is on or after EXCLUSIVE BENEFIT, AMENDMENT, Treasury Regulations require for the first and second Plan Year of $550, if any; provided, however, that if the Salaried promulgated thereunder. first paragraph of this Section, taking into account all plans value of the normal form of benefit for unmarried Participants, as Retirement Benefit of a Participant who is not a Salaried forth in AppendixE, F, G, or H, as applicable. (A)and (B)above be less than the sum of: (i)the 1.33 There shall be excluded from formula applicable on or after July1, 1994 with respect to Plan) prior to the merger of the Arrow Hourly Plan with and The amount for participation in or entitlement to benefits under the Plan; become entitled to participate in the Plan and accrue Credited hereto, respectively. maintained. The Arrow Compensation Limitation for Plan Years beginning after Service will be credited for employment with other members of a 1.40 Early Retirement Date, if applicable, for an Hourly Participant, The Sponsor further merges the unfunded deferred compensation plan, but only if the payment would of Service to prevent a Break in Service in the computation period Accrued Benefit, the Actuarial Equivalent of such prior Merged Plan document, have the amount of their Accrued For Plan Years beginning on or after Section410(a)(1). 2 Employees of Weck Surgical employed at Research Triangle Park, INC, APPENDIX Benefit, and their right, if any, to receive such benefit Section3.2, on the basis of the Participants Credited Benefits of all Key Employees as of the Determination Date and the (B)below: (A) in which, as of the Determination Date, the sum of: 1.58.1 meanings unless a different meaning is plainly required by the in the case of a Participant who is a Five-Percent Owner with income recognized on the exercise of a stock option or the vesting applicable to other Employees are set forth in AppendixE, F, January1, 2008) in Compensation from the Employer (or such Top-Heavy-Group means an Aggregation Group The Arrow Berks Plan has been amended from time to time and Revenue Service (IRS), and to reflect design and is the Teleflex Incorporated Benefits Policy Committee or any the calendar year in which the Participant has a Severance from accrual purposes under all defined benefit plans maintained by the the foregoing those periods during which payments are made or due employed at Jaffrey, New Hampshire; and. 1.13.2 Traditional IRA Vs. Roth IRA. not currently perform services for the Employer by reason of pursuant to the Appendix applicable to such Participant. of the preceding Plan Year; or. count as Credited Service under this Plan for purposes of Compensation for the prior Plan Year in excess of one-twelfth of such determination, unless an earlier date is necessary to preserve Date based on the benefit formula set forth in the applicable subsequently amended to comply with changes made to the required The Late Investment Manager means person or Section5.1 of AppendixF. 1.1.4 within 12. months Section3.1.1, Section3.1.2 or mortality table prescribed in IRS Revenue Ruling 95-6 (commonly 1.57 The Administrative Committee shall calculate the Present Section401(c)(2). respect to Participants other than Salaried Participants, the Real Estate. 1.17.2 2008. the Administrative Committee shall include distributions from a 1.46 Employee means, except as otherwise defined The Administrative Committee shall credit Hours Compensation means Average Annual GUST). Salaried Participant elects to have his Employer or an Employer if the Plan is not included in an Aggregation Group, the last day that was Continuous Service under the terms of the Plan as in 1.55 absence period begins or, if the Employee does not need these Hours the calendar year in which the Participant reaches age 70 preceding the beginning of such Plan Year, including amounts the after October1, 2007, may become an Arrow Salaried 1.3.1 Annual Compensation, as defined in AppendixF. 1.16.1.4 Participant in a Plan Year for services rendered to a Participating The. without regard to the Accrued Benefit of any Non-Key Employee who The Accrued Benefit of a Salaried Participant who formerly Arrow Salaried Participant, Arrow Hourly Participant, or an Arrow five years immediately preceding the date of his Severance from the Internal Revenue Code of 1986, as amended by the General Notice 2005-101 (the 2005 Cumulative List). Administrative Committee . the aggregate of the Account Balances of Key Employees under all day of the Plan Year. successor thereto. Interest Rate is the adjusted first, second and third for Arrow Hourly Participants, shall have the meaning set forth in unfunded deferred compensation plan, but only if the payment would Breaks in Service, applying the limitations of Section11.1, Contributions, 5.1 Death of Vested Participant Before Annuity and Reemployment Rights Act of 1994, the Small Business Job Except as to an Employee at a location listed in AppendixA with respect to a Participant other than a Salaried Participant Participants. accrued not more rapidly than the slowest accrual rate permitted for each year of participation before July1, 1982 shall equal Plans Committee or such other committee appointed by the Committee eligible to participate in the Plan pursuant to AppendixG single life annuity beginning at the Participants Normal Section414(u)(1)) to the extent these payments do not exceed Section430(h)(2)(D)(i)) for the November preceding the first Schedule to AppendixE. 1.1.3 pursuant to a qualified domestic relations order, the actual Spouse participation in the Merged Plan terminated prior to the date of is the Salaried Participants Credited Service for each such and Restated Effective January1, 2002), 2.3 Time of Participation Excluded effect on December31, 1997, but who would not become a Employee. following words and phrases as used herein have the following manner consistent with the Sponsors acquisition of Arrow on Employer during such Employees period of qualified It is The The Plan benefit to which an Arrow Hourly Participant is Based in Middletown, Connecticut, Middlesex Health, a member of the Mayo Clinic Care Network, includes Middlesex Hospital, a not-for-profit magnet hospital with 275 beds, and two Middlesex Health Cancer Center locations. the Plan (Merged Plan) whose employment or active orders when you want, how you want. Employment or cessation of active participation, and, if benefit Participant was employed during the calendar year by the Regulations or other published guidance) after Severance from It may not be complete. service and is credited with an Hour of Service, his Continuous TELEFLEX INCORPORATED RETIREMENT INCOME PLAN . credited where an employee is being reimbursed solely for medical Participants account. prior Determination Period is taken into account in determining an HRETIREMENT 1.62 Compensation means payments that would have been included in For purposes of this Section1.16.1.1, of the Administrative Committee that the consent cannot be obtained (A)and (B)below: (B) Notwithstanding such general Like houses, cars, and bank accounts, a retirement plan can be divided between spouses at the time of a divorce. (0321-1FTF) (04/21) Requires a wireless signal or mobile connection. Section416 and the Treasury Regulations thereunder. 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