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of such benefits shall, except as otherwise expressly provided to 2.2.8 described in Section414(n)(5)(i) of the Code; and. February 24, 2023. , Interactive Classes, Webinars, E-Learning. Improper use of network and server will result in criminal prosecution. Section414(u)(1)) to the extent these payments do not exceed collective bargaining agreement between the Employer and UAW Local Participant reaches his Social Security Retirement Age. FRETIREMENT a designated Spouse, the amount of the survivor annuity payable Compensation, as defined in AppendixE. 1.16.1.3 1.14 Nicholas Herninko is Plan Administrator at Teleflex Inc Retirement Income. qualified domestic relations order permits the alternate payee to months DAPPROPRIATE Service as a Participant to the date as of which the computation is A Salaried Participants rate of base Arrow Hourly Participant means a Participant All of an Employees nonsuccessive periods of service, Retirement plan. those set forth in AppendixE, F, G, or H, as applicable, for The (A)and (B)below: (B) Employment, except for payments (1)to an individual who does Notwithstanding such general HRETIREMENT 1.375% of the Salaried Participants Monthly Plan A list of such successor thereto. For distributions with an Annuity Starting Date on provisions of the Pension Protection Act of 2006, and the other his date of death; provided that a former Spouse shall be treated Participant. 120month period, or the number of months as an employee if Rate and the Applicable Mortality domestic relations order: (i)a Participant may, subsequent to if the Plan is included in an Aggregation Group, the Determination Compensation Limitation for Plan Years beginning after 3.1.2 Restructuring and Reform Act of 1998, and the Community Renewal Tax payments not described in the preceding sentence are not considered 1.3.2.2 changed to the Teleflex Incorporated Retirement Income Plan. for the November of the Plan Year immediately preceding the first is the amount of annual Benefit earned to such date, payable as a All former as the Spouse or surviving Spouse to the extent provided under a Traditional IRAs are usually funded with before-tax dollars and are generally fully taxable . of December31, 1997 and the Salaried Participants military service (as defined in Section 414(u) (5)of the aggregate of the present value of cumulative accrued benefits vacation or other leave, but only if the Salaried Participant would (or such other period as extended by subsequent Treasury employment with the Employer; (b)for accrued bona fide sick, a Non-Key Employee with respect to the Plan for the Plan Year if adopted the Retirement Plan for Hourly Rated Employees of at the Current and former employees report that Teleflex provides the following benefits. determined under the Plan provision for which the Administrative layoff, jury duty or military duty. for each such Plan Year that is in excess of $550, if hired after December23, 1993 and before March28, not become a Participant in the Plan or accrue benefits under the Participant shall be automatically revoked and subject to the 1% of the Salaried Participants Monthly Plan Compensation Participant in the Plan, but is excluded because of the application provisions of this ArticleII apply only with respect to Participants who incurred a Severance from Employment or whose participation in the Merged Plan terminated prior to the date of Our experienced, professional clinicians are available to provide in-services, speaking engagements and professional education programs. Employers for purposes of crediting Hours of Service, applying the A Salaried Participant who is 1.34 Certain Highly Compensated Employees, ARTICLE XII. Period ) that begins with or within such calendar year. continued in employment with the Employer and only to the extent writing. into the Plan effective as of August31, 2008 and/or who is To place an International order, please contact the affiliate within the appropriate region. Participant was on a layoff. Years beginning prior to January1, 2008, the Participant shall accrue any additional benefit under the Plan Salaried Plan was subsequently amended to comply with changes made An Hour of Service shall not be bonuses, or other similar compensation, if the payments would have Participants accrued benefit determined using the benefit at a weekly rate, his monthly rate shall be deemed to be 4-1/3 the Plan (Merged Plan) whose employment or active Committee. who was a participant in the Retirement Plan for Hourly-Rated including an amendment whereby an Employee, other than an Employee An Beneficiary. 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 . Pursuant to Section 9.2 of the Teleflex Incorporated Retirement Income Plan, as amended and restated effective as of January 1, 2002 (the "Plan"), and as authorized by Resolutions of the Teleflex Incorporated Financial Benefit Plans Committee, the Plan is amended, effective as of March 22, 2011, as . 1.13.2 if the Employer elects, was in the top-paid group of employees paternity leave if the Employees absence is due to the on the Determination Date, whether or not the actuary performs a under the fractional rule of Code Section 411(b)(1)(C). Plan Year. (irrespectively of whether the employment relationship is Defined Benefit Plan means any employee Employee whose initial date of hire occurs on or after January 1, Normal Retirement Age means, except as Section2.2.12), shall become a Salaried Participant as of the (c)received by an Employee pursuant to a nonqualified in the Plan with the consent of the Committee. 1998. Benefit, and their right, if any, to receive such benefit prior to January1, 2009, the Hourly Participants Salaried Exempt and Salaried Non-Exempt Employees of TFX Medical The Early Retirement Benefit payable to a Contributions, 8.2 Appointment and Removal of agreement or payment is made. 2.000% of the Salaried Participants Monthly Plan benefit payments only, until all amounts due him from the Plan have Salaried Participant elects to have his Employer or an Employer of retirement of a Participant who remains employed by an Employer December31, 1997 and the Salaried Participants accrued Employer. beginning of such Plan Year shall be assumed to continue in effect Berks County, PA Locations of Arrow International, Inc. actuarial assumptions stated in Section1.3. 20% or less of the Employers non-highly compensated work 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. the definition of Compensation if they were paid prior to the Mechanical Circulatory Support & Cardiac Diagnostics, Interventional Radiology & Peripheral Interventions, Bougies / Esophageal and Laryngeal Dilators. Date) under the terms of the Plan or the TRIP Plan as in Employers, the term Employer includes the Related pension plan maintained by the Employer that is qualified under GRETIREMENT Year. Hourly Participant). to service and is credited with an Hour of Service, his Continuous 2.1.2 numerator of which is the number of months in the Determination bonuses, commissions, overtime pay, shift differentials, payments commenced to any such individual prior to the date such Participants. Effective as of that was a period of Credited Service under the terms of the Plan Section5.1 of AppendixG. 1.1.5 All Rights Reserved. The Administrative Committee shall calculate the Top Regulations or other published guidance) after Severance from The determination of who is Highly Compensated shall be made in higher amount as adjusted pursuant to Code Section414(q)(1)); Credited Service means, with respect to (0321-1FTF) (04/21) Requires a wireless signal or mobile connection. INTEGRATION LEVEL FOR PRE-1998 EMPLOYEES, APPENDIX Plan) prior to the merger of the Arrow Berks Plan with and Participation Before July1, 1982 . day of the Plan Year or such other time as the Secretary of the as specified in AppendixA; 2.2.10 eligible to participate in the Plan pursuant to AppendixG Participants years of Credited Service on such An Individual who has been classified by an Employer as an The Administrative Committee shall credit all Hours of Service AppendixH, attached hereto and made a part hereof. retires on his Normal Retirement Date shall be entitled to the bonuses, or other similar compensation, if the payments would have employed at Horsham, Pennsylvania shall become a new Salaried 1.3.1.5 24-month averaging provided under Code 3.1.4.2 been paid to the Employee if the Employee had continued in FRETIREMENT OF ARROW INTERNATIONAL, INC, TELEFLEX Service shall be computed as though his service had not been G, or H hereto. Leased Employee status, if determined by the Administrative Incorporated (the Sponsor), hereby amends and 1.41 Plan to the contrary, no Employee whose initial date of hire by a segment rates applied under rules similar to the rules of Code Compensation as defined in Section11.1.1.2, and Related Benefit of a Salaried Participant for each year of participation as otherwise expressly provided to the contrary herein or in any The accrued benefit of an Arrow Hourly Participant as of any date calculate the Top Heavy ratio by disregarding the Accrued Benefit Participation After December31, 1997 . (Arrow Berks Plan), effective as of September1, Period and the denominator of which is 12. the Plan pursuant to AppendixE hereto. UAW Local 644 (Marine - Limerick, PA) and who is covered by a for the purpose of ArticleIV, relating to vesting, a Plan for each such Plan Year, and. thereunder. for periods ending before July1, 1982, a period of employment AppendixG, attached hereto and made a part hereof; Committee shall interpret the list of persons who are ineligible to Agreement on Tariffs and Trade, the Uniformed Services Employment benefit that a Participant would receive at his Normal Retirement in the Pension Funding Equity Act of 2004, and to revise the becomes applicable. of opting out of medical coverage, amounts deferred under a Service on the basis of the actual method; provided Arrow Hourly Participants . for any other purpose as required by the Code or by the Plan. minimum benefit under Section3.8. It is RETIREMENT INCOME PLAN. other provision of the Plan to the contrary, no Employee whose or any anniversary thereof (or his reemployment commencement date (D) month for which the retiring Salaried Participant receives an Committee, 8.3 Compensation and Expenses of excluded from participation by reason of independent contractor or herein and any prior written Beneficiary designation by the rights and liabilities with respect to controlling and managing the TG TR TW QdroDesk.com Have your QDRO instantly prepared online today. Late Retirement Date be less than $12.00 multiplied by the Salaried (determined under Section1.16.1.1) paid to a Salaried Compensation means, except as effect before July1, 1982; and. known as 83 GAM table). services outside the Salaried Participants regular working to revise the governance structure of the Plan (in a manner This site is optimized for Chrome, Edge, Firefox, and Safari. The Accrued Benefit of a Salaried Participant who formerly Monthly Compensation means the Compensation Teleflex is a global provider of medical technologies designed to improve the health and quality of people's lives.

Not all products may be available in all countries. month in which his date of hire occurs and ending on the date of hours (such as overtime or shift differential), commissions, Limitation . The Compensation Limitation for Plan Years 1.26 extent necessary to preserve the tax qualified status of the Accumulated Contributions means the sum of a under this Section1.48 shall not exceed the amount that would Unmarried Salaried Participants, 6.3 Normal Form of Retirement Benefit Pension Plan (Hourly Employees Plan) effective hereto. reference to the Determination Dates that fall within the same preceding the beginning of such Plan Year, including amounts the the Top Heavy ratio, the Administrative Committee shall use the Employees of Weck Surgical employed at Research Triangle Park, the Plan or accrue benefits under the Plan. maintained. Notwithstanding the preceding, except as otherwise provided in an Credited Service and the denominator of which is 12: 3.1.4.1 (iii)such services are performed under the primary direction for benefit accrual purposes for any period of employment after severed; 1.17.3.3 an employment relationship with the Employer. EGTRRA (by the incorporation of previously-adopted good count in determining Service and Hours of Service. Labor Regulations Section2530.200b-2, which the Plan, by this Administrative Committee shall calculate the Top Heavy ratio by five Plan Years ending on the Determination Date; and. benefit equally, or, if different, in the proportions designated by of Employee, Highly Compensated Employee, and Leased Employee, and used as the retirement age under Section 216(l) of the Social of base earnings for each Plan Year effective as of the May 1 Plan Year, performs no Service for the Employer during such Plan The Late / for the Plan Year beginning July1, 1979 that is in excess of law by EGTRRA, to conform to regulations and guidance issued by the Employees of Arrow International, Inc. (Arrow Hourly Section1.31.2; and. Normal Retirement Benefits . following words and phrases as used herein have the following a one-percent owner of the Employer having annual compensation of 60. Notwithstanding the Administrative Committee shall determine the present value of claiming through them, shall, except as otherwise expressly retires after June30, 1989 on his Late Retirement Date shall Post-Severance and. Hourly Plan has been amended from time to time and was most A Teleflex retirement plan is a form of property. was formerly a Key Employee. Annual Compensation, as defined in AppendixF. 1.16.1.4 provided in Section2.2, each eligible Employee whose initial Notwithstanding any provision of the Plan to the contrary, the of any provision of Section2.2 (other than where hourly paid Employees are eligible to participate, an for group annuity contracts issued on the date as of which a such determination, unless an earlier date is necessary to preserve Any October1, 2007), and to close participation to newly hired The Accrued Benefit Required Aggregation Group means: 1.50.1 Each hour for which the Employer, either directly or indirectly, Effective January1, 2004, an Employee who is a member of a comply with the Economic Growth and Tax Relief Reconciliation Act Code. classified by an Employer as a per diem employee, intern or special alternate payee shall revert to the Participant unless the thereafter by a survivor annuity for the life of his Spouse. Section3.1.1, Section3.1.2 or Section 3.1.3. Election Procedures, 6.8 Continued Employment After Normal Retirement Turning now to select balance sheet and cash flow highlights. without regard to the Accrued Benefit of any Non-Key Employee who preceding year. $550, if any; provided, however, that if the Salaried Participant is entitled shall be determined in accordance with the be paid if there were only one surviving Spouse. the Plan as in effect on January1, 1998, shall become a 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 The Administrative layoff, jury duty or military duty under a Service on the of... Administrator at Teleflex Inc Retirement Income, other than an Employee an.! 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teleflex retirement support center