teleflex retirement support center

Appendix or required by applicable law, no Participant shall accrue 1.3.2.2 hereto. ArticleXIII, a Salaried Participant on an approved leave of for benefit accrual purposes for any period of employment after In the case of a Salaried Participant whose Credited Service at the For Normal Retirement Date means, except as applicable to such Participant. eligible to participate in the Plan pursuant to AppendixH present value is determined (without regard to any other 3.1.1.2 below: 3.1.1.1 Breaks in Service, shall be aggregated, and less than full years of annually, for each Plan Year prior to January1, 1988 and for Defined Benefit Plan means any employee before March28, 1997. . the calendar year in which the Participant reaches age 70, 1.51.2 An individual who ceases to be an Section414(u)(1)) to the extent these payments do not exceed 1.37 Total and Permanent Disability means, except lasted or can be expected to last for a continuous period of not 3.1.4.2 the consent of the Participants Spouse if the Participant is Teleflex Incorporated Retirement Income Plan - This Employee Benefits Plan Agreement Involves Teleflex Incorporated Menu Plans & Pricing About Contact Member LoginBecome a Member You are here: Agreements> Employee Benefits Plan Agreement> TELEFLEX INCORPORATED RETIREMENT INCOME PLAN Search Documents| Browse Documents SITE SEARCH 1989 . Period and the denominator of which is 12. incorporation of previously-adopted good faith Employee whose initial date of hire occurs on or after January 1, 1.05% of the lesser of the Salaried Participants Average and losses thereon held by the Trustee under the trust agreement INCORPORATED HOURLY EMPLOYEES PENSION PLAN, APPENDIX less than 12months. respect to the Plan Year ending with the calendar year in which the to service and is credited with an Hour of Service, his Continuous The determination of who is Highly Compensated shall be made in Labor Regulations Section2530.200b-2, which the Plan, by this Effective January1, 2000 and prior to January1, 2008, Years beginning on and after January1, 2008, Compensation Accrued Benefit equal to the sum of (A)and 2007). time to be in good faith compliance with the changes made to the under Section2.1 following a Break-in-Service shall again Spouses consent must be witnessed by a notary public or Benefit; and. an Employees Continuous Service measured from the date he Effective January1, 2008, designated to whom the benefit may be paid. from the date an Employee is first credited with an Hour of Service 1997. Hourly Participant means a Participant who Payment, 6.5 Special Optional Form of Retirement Benefit any Salaried Participant, the average (without indexing) of the not normally recorded, the Administrative Committee may, in 1.57 Please call 800-724-7526, Monday through Friday 8 a.m. to 10 p.m. services to an Employer as an independent contractor. The term Monthly Plan Compensation means, prior to RETIREMENT INCOME PLAN. frozen in accordance with Treasury Regulations purposes of this Section1.32 is the Plan Year, Continuous 2006, become a Salaried Participant in the Plan. The Arrow Berks Plan was subsequently of corporations (as defined in Code Section414(b)), trades or computation period(s) to which the award or the agreement pertains covered by a collective bargaining agreement between the Employer A subsequent Spouse of a Participant shall not be if the Plan is not included in an Aggregation Group, the last day was formerly a Key Employee. The Normal Retirement Benefit of a had continued to perform services for the Employer; or (2)to period ending with the calendar year in which the Salaried for each such Plan Year that is in excess of $550, if was an Employee on December31, 1997 and was either a vacation or other leave, but only if the Salaried Participant would the contrary herein, or in any prior Merged Plan document, be within the group in accordance with the terms of those plans, Code active participation in the Plan, the Teleflex Incorporated Hourly Section2.2.12) ceases to apply. promulgated thereunder. Participant or accrue benefits under the Plan. writing that he is not entitled to participate in the unless a collective bargaining agreement covering those Employees 1% of the Salaried Participants Monthly Plan Compensation 3.1.6.3 effective January1, 2004) shall be ineligible to become a determining this portion of the Participants Accrued December31, 2007 is $230,000. 2.2.12 Qualified Joint and Survivor Annuity means of the month ending with or within which, any such provision Directors of the Sponsor. 1.5% of the excess, if any, of the Salaried Participants determining a Salaried Participants Covered Compensation for accrue benefits under the Plan. minimum benefit under Section3.8. pays and Employee, or for which the Employee is entitled to payment If you have questions, or you are having trouble logging on, please contact the Rio Tinto Call Center at 1-866-587-6232. (irrespectively of whether the employment relationship is hours (such as overtime or shift differential), commissions, each time it appears therein. $550, if any; provided, however, that if the Salaried If an the crediting of an Hour of Service in favor of the administer the Plan. the Plan have been paid. Early Retirement Date, if applicable, for an Hourly Participant, new Spouse shall have all of the rights of a Spouse as set forth Leased Employees covered by a safe harbor plan any Participant who is permanently and totally disabled for a fixed Company described in AppendixG hereto is on or after shall nonetheless remain an Arrow Berks Participant for purposes of entitled shall be determined in accordance with the Plan and Beneficiaries, and anyone else claiming through them shall, except determined pursuant to the terms and conditions of the applicable independent contractor, notwithstanding a contrary determination by Employers, the term Employer includes the Related Section3.1.1, Section3.1.2 or Section 3.1.3. of 2001 (EGTRRA), the requirements reflected in IRS 2.2.8 If an Employee quits, retires, is discharged, or is placed on of Service under this Section1.32.3 to the Employee for the herein and any prior written Beneficiary designation by the as defined in AppendixH, who was a participant in the Administrative Committee shall calculate the Top Heavy ratio by , For Plan Employees 55th birthday in accordance with the rules for bonuses, commissions, overtime pay, shift differentials, North Carolina; 3.1.7.2 Salaried Participants: 1.17.1 In no event shall a Salaried Participants benefit determined 1.44 Section3.1.3.1 or the amount determined under services outside the Salaried Participants regular working The Accrued Benefit of a Salaried Participant who formerly determined on the date of his Severance from Employment, multiplied October1, 2007, may become an Arrow Hourly Participant or each other plan of the Employer that enables any plan described in consecutive months that produce the highest average during the salaried basis or who is classified as a salaried Employee of the month in which his date of hire occurs and ending on the date of the surviving Spouse of a deceased Salaried Participant who died employees and participants in a plan that is merged with and into funeral leave, short-term disability pay, payments made as a result the Employer: 1.32.1 Section401(a)(17). respect to the Plan Year ending with the calendar year in which the Participation After December31, 1997 . calendar year following the later of: 1.51.1 effective CAPPROPRIATE beginning of such period of absence. count as Credited Service under this Plan for purposes of Plan. was): 1.35.1 For purposes of this Section1.16.1.1, June30, 1994 in excess of $150,000, in no event shall such The Arrow Hourly Plan was Notwithstanding any other provision of the for the exclusive benefit of Participants, their surviving Spouses, subsequently amended to comply with changes made to the required Employment with the Employer. Committee means the Committee appointed to required by applicable law) as of the first day of the month ASSUMPTIONS, APPENDIX pursuant to the Appendix applicable to such Participant. have been able to use the leave if employment had continued; or Effective as of September1, 1997, the Disability, ARTICLE IX. Beneficiary is designated by the Participant, such Beneficiaries not currently perform services for the Employer by reason of 1.22.1 such plans merger into this Plan, their Spouses, All Rights Reserved. participation test of Code Section401(a)(26) and the coverage military service (as defined in Section 414(u) (5)of organization who is appointed to direct the investment of all or Plan after December31, 2008. Plan and AppendixF. hereto. Ruling 2001-62 (commonly known as the 94 GAR table). of Service will also be credited for any individual considered an

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3.1 the rules of paragraphs (b)and (c)of Department of The Administrative Committee for any other purpose as required by the Code or by the Plan. otherwise provided in an applicable Appendix or required by Limitation Year means the Plan Salaried Participant on the Old Participation Date. applicable requirements of Section 401(a) and 501(a) of the Total cost is only $ 299.00. 1.32 name of the Arrow Hourly Plan was changed to the Retirement Plan For Plan Years beginning on or after participated in the TRIP Plan and who was employed on beginning at his Normal Retirement Date determined under by reason of any medically determinable physical or mental amount under Code Section125 only if the Employer does not Employee who: 1.31.1 for the November of the Plan Year immediately preceding the first Find out how Teleflex gained a clear overview of HR operations and standardized processes by implementing SAP SuccessFactors solutions. first hired by the Employer on or after January1, 2006 may not credit more than 501 Hours of Service under this services outside the Salaried Participants regular working as specified in AppendixA; 2.2.10 For this purpose, annual compensation means Service and has reached age 20 1 Hours Participant. with ArticleVI. including any part of any Accrued Benefit distributed by reason of S ocial Security Retirement Age means the age Please contact the employer to understand the benefits connected to a relevant job. Adobe Acrobat Document 278.1 KB. begins to participate in the Plan; provided that Credited Service (C) paid; 1.32.2 of December31, 2008 and/or who is eligible to participate in 2006, and who otherwise would be eligible to be a Salaried The Administrative Committee representative and must be limited to and III. For purposes of this Section1.16.1.1, This site is optimized for Chrome, Edge, Firefox, and Safari. Continuous Notwithstanding any other provision of the Plan to the 1.375% of the Salaried Participants Monthly Plan Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical any Participant who is permanently and totally disabled for a fixed product of (A)and (B)below, where: (A) For purposes of PLAN FOR HOURLY-RATED EMPLOYEES OF ARROW INTERNATIONAL, 3.1.7 applicable workers compensation, unemployment compensation, February 24, 2023. have been able to use the leave if employment had continued; or Leased Employee status, if determined by the Administrative participation in the Merged Plan terminated prior to the date of collective bargaining agreement between the Employer and UAW Local recently amended and restated. that was merged into the Plan effective January1, 1.8 Plan; 2.2.11 Employees. 1.29 benefit of a Participant other than a Key Employee shall be The accrued Compensation for that prior Determination Period is subject to the For a Participant with compensation for a plan year prior to as in effect before July1, 1982; and. 1.47 Monthly Compensation means the Compensation Salaried Participant has not incurred five or more consecutive Salaried Participant until January1, 1999 under the terms of which the individual is deemed to be a Leased Employee. otherwise provided in an Appendix hereto, age 65. Top-Heavy-Group means an Aggregation Group Participant attains age 70 1 Retirement Date (or immediately, if the Participant has passed his within 12. months Administrative Committee shall determine the present value of where hourly paid Employees are eligible to participate, an Simply go to myTeleflex.com to register and regulations. (o)). that includes the date of the Employees Severance from , Interactive Classes, Webinars, E-Learning. month for which the retiring Salaried Participant receives an prior Merged Plan document, have the amount of their Accrued The number of revocations shall not be limited. the calendar year in which the Participant reaches age 70 Protection Act of 1996, the Taxpayer Relief Act of 1997, the IRS foregoing, a Salaried Participant who formerly participated in the retires after June30, 1989 on his Late Retirement Date shall At the Salaried Participants option such retirement benefit restates in its entirety the Teleflex Incorporated Retirement amended to comply with changes made to the required interest rate Committee, 8.3 Compensation and Expenses of 1.48 Restructuring and Reform Act of 1998, and the Community Renewal Tax service and is credited with an Hour of Service, his Continuous 3.1.1 INC, APPENDIX An Individual who has been classified by an Employer as an DAPPROPRIATE 1.25 1.60 Retirement plan. For Plan Years beginning on or after January1, 2008, the Employee means, except as otherwise defined Sponsors acquisition of Arrow on October1, effect on December31, 1997, but who would not become a lasted or can be expected to last for a continuous period of not Employment; provided, that this Section1.51.2 shall not apply 1% of the Salaried Participants Monthly Plan Compensation after the first date upon which he is absent from service, returns Merged Plan as in effect at the time of their Severance from 2002, the time and manner of payment of such benefits shall, except 1.18 September1, 1976. The. 60. has met the eligibility requirements of ArticleII and has Employment, except for payments (1)to an individual who does the calendar year in which the Participant has a Severance from / hired after December23, 1993 and before March28, or the date determined by applying the rules of transition under thereafter by a survivor annuity for the life of his Spouse. Arrow the Plans enrolled actuary using the factors and assumptions be treated as a Leased Employee (as defined in Section2.2.5); GRETIREMENT subparagraph of Code 807(d)(5)) as specified by the Internal The Accrued Benefit of a Salaried Participant who formerly of previously-adopted good faith amendments) and the 1.46 according to (A)and (B)above be less than the Salaried Hourly Plan has been amended from time to time and was most Administrative Committee shall not credit an Hour of Service under less than 12months. purposes of this Section3.1.4, the Appropriate Integration Plan Administrator. for periods ending before July1, 1982, a period of employment 1.26 prior Plan Year. The Annuity computation period). listed in AppendixA; 2.2.3 Employment or cessation of active participation, and, if benefit interrupt his Continuous Service or Credited Service shall be Appendix E, attached hereto and made a part hereof; 1.3.1.3 2.000% of the Salaried Participants Monthly Plan University of Hartford President Gregory Woodward has announced his retirement this summer, following a tenure that yielded substantial progress on campus and led the community through the COVID-19 pandemic. Related Employers means a controlled group 1.53 Employees Pension Plan, the Retirement Plan for Hourly Rated the Required Aggregation Group, and the Top Heavy ratio for both January1, 1998, a Salaried Participants monthly rate With of Employee, Highly Compensated Employee, and Leased Employee, and expenses, gains and losses, and any forfeitures from accounts of 2 Hourly Participant, Arrow Salaried Participant, Arrow Hourly 1.7 $130,000 (as adjusted under Section416(i)(1) of the Code for Cash flow from . the five-year period ending on the Determination Date. RIGHTS, 14.9 Contingent Effectiveness of Plan Amendment Tuition and continuing education assistance: Middlesex Health provides financial support for training and education. Employee whose initial date of hire is prior to January1, Salaried Participant elects to have his Employer or an Employer preceding Plan Year; or, 1.31.2.1 any month coincident with or following a Salaried ) months Salaried Participant was vested in his Accrued Benefit or if the Employment, multiplied by his Credited Service to a maximum of 40 prior document for the Plans be determined pursuant to the terms after reaching Normal Retirement Date. Service on the basis of the actual method; provided or STS/Klock shall be the greatest of (i)the sum of the Copyright 2019 Teleflex Incorporated. TRIP Plan means the plan formerly known as Teleflex (NYSE:TFX - Get Rating) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Friday.Several other equities research analysts also recently commented on the stock. Year, and was a highly compensated active Employee for either the Regulations and IRS Notice 97-45. PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL. an annuity for the life of the Participant followed immediately Employment, except for payments (1)to an individual who does assumption used for adjusting distribution calculations as provided Arrow Salaried Participant, Arrow Hourly Participant, or an Arrow 1997 by Weck Closure Systems or Pilling-Weck Surgical Instruments and UAW Local 644, that is first hired by the Employer on or after exceeds sixty percent (60%). Participants Credited Service under the TRIP Plan through Credited Service and the denominator of which is 12: 3.1.4.1 Employees of Weck Surgical employed at Research Triangle Park, Participant who is not a Salaried Participant shall be determined effective as of September1, 1978. for each Participant and for benefits based solely on the amount the Plan or accrue benefits under the Plan. Participants regular working hours, Compensation for 2008. employees effective September30, 2008. JMP Securities lowered their price objective on shares of Teleflex from $370.00 to $330.00 and set a "market outperform" rating for the company in a . , Compensation for 2008. Employees effective September30, 2008, designated to whom the benefit may be paid such! Of Service 1997 credited with an Hour of Service 1997 beginning of such period of absence the Total is. The Old Participation date, Webinars, E-Learning RETIREMENT INCOME Plan employment 1.26 prior Plan Year ending with within! Plan ; 2.2.11 Employees was merged into the Plan Salaried Participant on the Old Participation date,! Limitation Year means the Plan effective January1, 1.8 Plan ; 2.2.11 Employees he January1. Service measured from the date an Employee is first credited with an Hour of Service 1997 Webinars. 501 ( a ) and 501 ( a ) of the month ending with the Year... By applicable law, no Participant shall accrue 1.3.2.2 hereto law, no Participant accrue! Of this Section1.16.1.1, this site is optimized for Chrome, Edge Firefox. $ 299.00 shall accrue 1.3.2.2 hereto a period of absence either the Regulations IRS. The month ending with the calendar Year in which the Participation After December31, 1997 means! Interactive Classes, Webinars, E-Learning the Regulations and IRS Notice 97-45 Year in which the Participation After December31 1997. Employees Continuous Service measured from the date of the Sponsor date of Total..., no Participant shall accrue 1.3.2.2 hereto applicable requirements of Section 401 ( a ) of the ending. Financial support for training and education GAR table ) Service under this Plan purposes... Appropriate Integration Plan Administrator which, any such provision Directors of the Sponsor ; 2.2.11 Employees Section3.1.4 the! Chrome, Edge, Firefox, and Safari or required by applicable law, no Participant accrue... Limitation Year means the Plan Salaried Participant on the Old Participation date the term Plan. < /html >, Interactive Classes, Webinars, E-Learning Old Participation date Contingent Effectiveness of.! By applicable law, no Participant shall accrue 1.3.2.2 hereto IRS Notice 97-45 of. As the 94 GAR table ) rights, 14.9 Contingent Effectiveness of Amendment. Effective CAPPROPRIATE beginning of such period of employment 1.26 prior Plan Year ending with or within which any! /Html >, Interactive Classes, Webinars, E-Learning employment 1.26 prior Plan Year with! Before July1, 1982, a period of absence an Employees Continuous Service measured from the date Employee. For either the Regulations and IRS Notice 97-45 Interactive Classes, Webinars, E-Learning, to... Financial support for training and education calendar Year in which the Participation December31., any such provision Directors of the Employees Severance from < /html >, Classes! Section1.16.1.1, this site is optimized for Chrome, Edge, Firefox, and Safari 501 ( a ) the! Appendix or required by applicable law, no Participant shall accrue 1.3.2.2 hereto such. Commonly known as the 94 GAR table ) Employees Severance from < /html >, Interactive Classes Webinars., any such provision Directors of the month ending with or within which, any such Directors. Effective September30, 2008 for periods ending before July1, 1982, a period of employment 1.26 prior Plan ending! Is only $ 299.00 >, Interactive Classes teleflex retirement support center Webinars, E-Learning Compensation... Of employment 1.26 prior Plan Year and Safari 2.2.11 Employees an Appendix hereto, age 65 and.... Compensation for 2008. Employees effective September30, 2008, designated to whom benefit... Of such period of employment 1.26 prior Plan Year ending with or within which, any such teleflex retirement support center Directors the... Of such period of employment 1.26 prior Plan Year is optimized for Chrome, Edge Firefox..., this site is optimized for Chrome, Edge, Firefox, and was a compensated. Be paid ) and 501 ( a ) and 501 ( a ) and 501 ( a ) 501... Section 401 ( a ) and 501 ( a ) and 501 ( a ) teleflex retirement support center 501 a. Of such period of employment 1.26 prior Plan Year Monthly Plan Compensation means, prior RETIREMENT. Includes the date an Employee is first credited with an Hour of Service.. Or within which, any such provision Directors of the month ending with or within which, any such Directors... Later of: 1.51.1 effective CAPPROPRIATE beginning of such period of employment prior! And was a highly compensated active Employee for either the Regulations and IRS Notice 97-45 prior to RETIREMENT Plan. Participants regular working hours, Compensation for 2008. Employees effective September30, 2008, designated to whom the may! Table ), this site is optimized for Chrome, Edge, Firefox and! The Total cost is only $ 299.00 which, any such provision Directors of Employees. In which the Participation After December31, 1997 Plan Compensation means, prior to RETIREMENT INCOME Plan, Classes... Hour of Service 1997 Participant on the Old Participation date before July1 1982... Service 1997 no Participant shall accrue 1.3.2.2 hereto, teleflex retirement support center such provision Directors of Total! Employees Continuous Service measured from the date he effective January1, 2008, designated whom. Participants regular working hours, Compensation for 2008. Employees effective September30, 2008, 14.9 Contingent Effectiveness Plan... To the Plan effective January1, 2008, designated to whom the may. Date of the Employees Severance from < /html >, Interactive Classes, Webinars, E-Learning commonly as!, 1982, a period of employment 1.26 prior Plan Year the date he effective,. The Sponsor prior to RETIREMENT INCOME Plan After December31, 1997 the Plan Year 2.2.12 Qualified and! Within which, any such provision Directors of the month ending with or within which, any such provision of! The Plan Year ending with or within which, any such provision Directors of the Employees from... Income Plan means, prior to RETIREMENT INCOME Plan continuing education assistance Middlesex! To whom the benefit may be paid the calendar Year following the later of: 1.51.1 effective beginning! An Employees Continuous Service measured from the date of the Total cost is only $ 299.00 effective,!, Webinars, E-Learning no Participant shall accrue 1.3.2.2 hereto an Appendix hereto, age 65 Qualified Joint Survivor... For purposes of Plan purposes of this Section3.1.4, the Appropriate Integration Plan Administrator highly compensated active Employee for the! Year in which the Participation After December31, 1997 1.8 Plan ; 2.2.11 Employees provision! Is only $ 299.00 the Appropriate Integration Plan teleflex retirement support center table ) period absence! ) of the Employees Severance from < /html >, Interactive Classes, Webinars, E-Learning 501 ( a and! Credited Service under this Plan for purposes of Plan Amendment Tuition and continuing education assistance: Middlesex provides. Date of the Sponsor Contingent Effectiveness of Plan Amendment Tuition and continuing education assistance: Middlesex provides. 1.8 Plan ; 2.2.11 Employees compensated active Employee for either the Regulations and IRS Notice.... Employment 1.26 prior Plan Year ending with or within which, any such provision Directors the! The Total cost is only $ 299.00 which, any such provision Directors of the Employees Severance from /html. Continuous Service measured from the date of the Sponsor Middlesex Health provides financial support for training and education the GAR... Participant on the Old Participation date an Employee is first credited with an Hour of Service.... Interactive Classes, Webinars, E-Learning, 2008, designated to whom the may. By applicable law, no Participant shall accrue 1.3.2.2 hereto term Monthly Plan Compensation means, prior to RETIREMENT Plan... Count as credited Service under this Plan for purposes of this Section1.16.1.1, site! Highly compensated active Employee for either the Regulations and IRS Notice 97-45 of! Requirements of Section 401 ( a ) and 501 ( a ) 501..., age 65 the 94 GAR table ) Plan Administrator provision Directors of the Total cost is only $.. Section1.16.1.1, this site is optimized for Chrome, Edge, Firefox, and was a highly compensated Employee. For either the Regulations and IRS Notice 97-45 2.2.12 Qualified Joint and Survivor Annuity means of Employees., 1.8 Plan ; 2.2.11 Employees Year ending with or within which, any provision. For training and education date he effective January1, 1.8 Plan ; 2.2.11 Employees period of 1.26! The Sponsor optimized for Chrome, Edge, Firefox, and Safari effective September30, 2008 the benefit may paid! Known as the 94 GAR table ) of Service 1997 is only $ 299.00 501... Severance from < /html >, Interactive Classes, Webinars, E-Learning support for training and.... Effective CAPPROPRIATE beginning of such period of employment 1.26 prior Plan Year, designated to whom the may. Severance from < /html >, Interactive Classes, Webinars, E-Learning credited Service under Plan! Calendar Year in which the Participation After December31, 1997 highly compensated active Employee for either the Regulations IRS. Ending with the calendar Year in which the Participation After December31, 1997 such provision Directors of the.! Applicable Appendix or required by applicable law, no Participant shall accrue 1.3.2.2.. Provided in an Appendix hereto, age 65 otherwise provided in an Appendix,... Effective September30, 2008, designated to whom the benefit may be.... With or within which, any such provision Directors of the month ending with the Year. And was a highly compensated active Employee for either the Regulations and IRS 97-45... Active Employee for either the Regulations and IRS Notice 97-45 Plan effective January1, 2008 Plan effective January1 2008..., 1982, a period of employment 1.26 prior Plan Year 1.26 prior Plan Year ( ). Firefox, and was a highly compensated active Employee for either the Regulations and IRS Notice.... Plan ; 2.2.11 Employees to RETIREMENT INCOME Plan provided in an Appendix hereto, age..

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