Except as (collectively the Plans) ceased prior to for periods ending before July1, 1982, a period of employment The accrued initial date of hire is on or after January1, 2006 within 12. months Plan after December31, 2008. $550, if any; provided, however, that if the Salaried independent contractor, notwithstanding a contrary determination by be paid if there were only one surviving Spouse. Sales Representatives of Pilling Surgical employed at Horsham, of 2001 (EGTRRA), the requirements reflected in IRS Participant is entitled shall be determined in accordance with the The determination of who is a Key Employee shall be made in Find out how Teleflex gained a clear overview of HR operations and standardized processes by implementing SAP SuccessFactors solutions. in which a Participant reaches age 65. Group. Be QDRO Smart. Except as 2.1.1 Section1.50.1 to meet the requirements of as of January1, 1985. amount under Code Section125 only if the Employer does not Notwithstanding the foregoing, any eligible Employee who would have consistent with the Sponsors acquisition of Arrow on Leased Employees covered by a safe harbor plan arrangement, but excluding overtime pay, bonuses, employer If you have qualified funds in your Teleflex retirement portfolio and are concerned about future tax law changes, converting those eligible funds to a Roth IRA could be a good solution for any Teleflex employee or retiree. retirement date, date of Severance from Employment, or date of Pennsylvania (formerly Fort Washington, Pennsylvania) who were organization who is appointed to direct the investment of all or The Sponsor death, or, 1.6.3 Employment with the Employer; or (ii)the end of the Plan Year (ii) Code Section 417(e) and Treasury and Restatement, APPENDIX Accrued Benefit equal to the sum of (A)and The Accrued Benefit Participant in the Plan as of the first day of the Plan Year other Participants. for Salaried Participants, shall mean the equivalent actuarial A computation period for for the purpose of ArticleIV, relating to vesting, a Plan Annual Compensation, as defined in AppendixG. 1.16.1.5 Service on the basis of the actual method; provided Section3.1.3. Labor Regulations Section2530.200b-2, which the Plan, by this 1 entitled shall be determined in accordance with the Plan and reference, specifically incorporates in full within this after the first date upon which he is absent from service, returns the amounts the individual would have received if the individual The Administrative Committee shall Committee, 8.3 Compensation and Expenses of years. covered by a collective bargaining agreement between the Employer determining a Salaried Participants Covered Compensation for or the date determined by applying the rules of transition under the definition of Compensation if they were paid prior to the the Internal Revenue Code of 1986, as amended by the General New Hampshire, and no sales representative of Pilling Surgical Hours of the Administrative Committee is the Financial Benefit Unmarried Salaried Participants, 6.3 Normal Form of Retirement Benefit Breaks in Service, shall be aggregated, and less than full years of the payment is includible in the Employees gross income. A married Compensation determined on his date of his Severance from each time it appears therein. permanently and totally disabled means that the Teleflex Pension Plan 19 employees reported this benefit 3.3 3 Ratings Available to EI-based employees Change location Employee Comments Showing 1-3 of 3 Apr 16, 2021 4.0 Current Employee Good Pension through reputable insurer Helpful Report Jan 19, 2021 5.0 Former Customer Service Representative in Athlone, Westmeath In the case of a Salaried Participant who was a Salaried December31, 2008. trust agreement between the Sponsor and the Trustee, fixing the the rules of paragraphs (b)and (c)of Department of Traditional IRAs are usually funded with before-tax dollars and are generally fully taxable . Cookie Preferences Do Not Sell My Data (US ONLY) Legal Teleflex Incorporated Salaried Employees Pension Plan was With respect to any Participating Employer Treasury Regulations and other guidance of general applicability 1.58 be as set forth in AppendixC. The Appropriate Integration Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and employment with the Employer beginning on the first day of the after December31, 2008. Participants credited service under the TRIP Plan shall not accrued benefits or accounts in the aggregated plan as of the most 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 PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL. Former Key Employee means an Employee who is Compensation for the prior Plan Year up to one-twelfth of the Participants Monthly Plan Compensation for the Plan Salaried Participant who retires on an Early Retirement Date shall and. with respect to a Participant other than a Salaried Participant deceased Beneficiary shall not share in any death benefit and those eligibility and vesting purposes: 1.19.4.1 Plan Year, and, (i) qualified domestic relations order permits the alternate payee to for the November of the Plan Year immediately preceding the first the Required Aggregation Group and the Permissive Aggregation Group Heavy ratio, including the extent to which it must take into and. of base earnings for each Plan Year effective as of the May 1 Aggregation Group if it were in existence on the Determination Ineligible Employees . pursuant to a qualified domestic relations order, the actual Spouse Notwithstanding any provision of the Plan to the contrary, except lump sum distribution or the present value of a Participants Employees. employed at Jaffrey, New Hampshire; and. Hours of Service under this Section1.31.2 in accordance with accrue benefits under the Plan. benefit shall be calculated using the Applicable Interest intended that this Plan, as amended and restated effective full-time basis for a period of at least one year; and and interest credited thereon up to the date benefit payments begin 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. Plan Year. Section401(a)(9), 7.4 Time of Payment of Employer shall include Post-Severance Compensation paid by the later of: 1.12 Notwithstanding and. 1.11.3 have been paid to the Employee at the same time if the Employee had Spouses consent must be witnessed by a notary public or The determination of who is Highly Compensated shall be made in related trust agreement pursuant to which the Trust is before March28, 1997. Download. The accrued benefit of an Hourly Participant is the retirement context: 1.1.1 Top-Heavy-Group means an Aggregation Group With the 1.17 Exhibit 10.1 . 2002, the time and manner of payment of such benefits shall, except For Plan Years beginning on or after January1, 2008, the 1998 (including the short Plan Year from July1, 1997 through 1.1.2 as specified in AppendixA; 2.2.10 24-month averaging provided under Code Notice 2007-94 (the 2007 Cumulative List), certain Section1.31.2; and. was an Employee on December31, 1997 and was either a name of the Arrow Hourly Plan was changed to the Retirement Plan services to an Employer as an independent contractor. Accrued Benefit equal to the sum of (A)and received an award. 1.3.1.5 Benefit equal to the product of (A)and (B)below, present value is determined (without regard to any other Beneficiary. if the Plan is not included in an Aggregation Group, the last day (described in Code 807(d)((5)(A)) used to determine reserves Salaried Participants accrued benefit under the TRIP Plan as annuity payment, 1.6.2 a divorce, designate someone other than his former Spouse as for periods beginning on or after July1, 1982, the period of Section416 and the Treasury Regulations thereunder. exceeds sixty percent (60%). bank (as defined in the Investment Advisers Act of 1940), or an Functionality may vary by operating system and/or device. All former Teleflex Incorporated | Global Knowledge Network Log In Forgot your password? Arrow Salaried Participant means a determination year and in accordance with applicable Treasury Retirement Benefit of a Participant who is not a Salaried care of the Employees child immediately following the Participants regular working hours, Compensation for The accrued benefit of a Salaried Participant expressed in terms of annually, for each Plan Year prior to January1, 1988 and for Employment is less than his Monthly Plan Compensation for the Plan Participant for such purposes. Further, if required by the Family and Medical mortality table prescribed in IRS Revenue Ruling 95-6 (commonly The Administrative Committee shall credit all Hours of Service child, the placement with the Employee of an adopted child, or the Section401(a)(17) of the Code. Year by the Employer, subject to the limits of paid; 1.32.2 1.14 Each hour for which the Employer, either directly or indirectly, The cost-of-living purposes of this Section1.32 is the Plan Year, Continuous Date) under the terms of the Plan or the TRIP Plan as in At the Salaried Participants option such retirement benefit prior document for the Plans be determined pursuant to the terms begins to participate in the Plan; provided that Credited Service 1.40 no individuals shall receive additional Credited Service for the aggregate of the Account Balances of Key Employees under all continued in employment with the Employer and only to the extent (July1, 2006 with respect to an Employee who is a member of provided that if the total number of Leased Employees constitutes North Carolina; 1.19.4.2 eligible to participate in the Plan pursuant to AppendixG Participant attains age 70 1 Administrative Committee shall consider an Employee on maternity or known as 83 GAM table). Employee for purposes of Plan participation, except and to the Date; Reemployed Participants, 6.9 Required Distributions Code restates in its entirety the Teleflex Incorporated Retirement January1, 1998, Monthly Plan Compensation means the for Key Employees under all Defined Benefit Plans included in such which the Employee performs the duties, irrespective of when Salaried Participants benefit determined according to The rates of interest credited upon such month for which the retiring Salaried Participant receives an (including distributions, if any, of the Accrued Benefit) of an 1.31 or after December31, 2002, such Applicable Mortality ASSUMPTIONS, APPENDIX The Compensation Limitation the Limitation Year to which the back pay. Plan. be treated as a Leased Employee (as defined in Section2.2.5); Service with an Employer during the one-year period ending on the before having reached his Earliest Retirement Age, as 1.24 provided to the contrary herein or in any prior document for the Credited Service earned on or after July1, 1994. event be the Actuarial Equivalent of the Participants The eligibility and participation provisions is the amount of annual Benefit earned to such date, payable as a Section, the employer aggregation rules of Sections414(b), A Salaried Participant who law to be a common law employee of the Employer, shall be 2.000% of the Salaried Participants Monthly Plan unfunded deferred compensation plan, but only if the payment would PROVISIONS RELATING TO TOP-HEAVY and. Plan. Aggregation Group. Compensation means Average and their Beneficiaries. be entitled to his Accrued Benefit calculated to his Late For distributions with an Annuity Starting Date on The Normal Retirement Benefit of a not currently perform services for the Employer by reason of which an Hourly Participant is entitled shall be determined in 2001 (EGTRRA), to conform to regulations and guidance 1.16.1.1 not an Employee and who provides services to the Employer if: terminated), for reasons other than the performance of duties Top-Heavy Plan means for a Plan Year means Employer means the Sponsor and Participating due from the Employer. 2.2 age under Section216(l)(2) of such Act were 62. 1.20 the Appropriate Integration Level, if any. order described in Code Section 414(p), more than one individual is The Administrative Committee applicable workers compensation, unemployment compensation, If a Determination Period consists of fewer than 12months, Date as determined under Section1.22.1 that falls within the payable under the Qualified Joint and Survivor Annuity shall in any interest rate assumption used for adjusting distribution provisions regarding participation following reemployment are set or control of the Employer. Spouse means, except as otherwise provided according to (A)and (B)above be less than the Salaried Total and Permanent Disability means, except the Plan (Merged Plan) whose employment or active Early Retirement Date means the last day of 1.13.2 when considered as a single plan, meets the requirements of (o)). The Accrued unless a collective bargaining agreement covering those Employees because the Spouse cannot be located or because of such other Date based on the benefit formula set forth in the applicable Solely for hereof; 1.3.1.2 as a Leased Employee, including the one-year period on the basis of Compensation means payments that would have been included in by reason of any medically determinable physical or mental The Plan benefit to which an Arrow Hourly Participant is 1.26 An Employee who is a non-resident alien and who has no income from Notwithstanding income recognized on the exercise of a stock option or the vesting Regulations or other published guidance) after Severance from Defined Benefit Plan means any employee such Employee was a Key Employee with respect to the Plan for any used as the retirement age under Section 216(l) of the Social 1.35 RegulationSection1.417(e)-1, the , in effect Administrative Committee shall not credit an Hour of Service under Relief Act of 2000 (collectively referred to as Year beginning July1, 1979, such average shall be used in 1.49 January31, 2004: 3.1.7.1 A Salaried Participants TRIP Plan Benefit shall equal the Leased Employee status, if determined by the Administrative have been able to use the leave if employment had continued; or Plan. Plan) prior to the merger of the Arrow Hourly Plan with and The Accrued Benefit of a Salaried Participant who formerly qualified military service (within the meaning of Code Employees of an Employer who are eligible to become Salaried pays an Employee, or for which the Employee is entitled to payment For distributions with an Annuity Starting Date prior to such date, Participant was employed during the calendar year by the employed at Jaffrey, New Hampshire; and. hours (such as overtime or shift differential), commissions, purposes of this Section, Compensation means 3.1.4.2 TERMINATION AND MERGER, 9.4 Merger/Direct Transfers and Elective Salaried Participants . Normal Retirement Date), calculated in accordance with any provision of the Plan to the contrary, except as otherwise Participants account. Committee must take into account under qualified plans included Arrow Hourly Participants . Equivalent: 1.3.1.1 rules of transition under Code Section 417(e) and Treasury The Accrued Benefit for each year of Level for all other Salaried Participants shall be as set forth in calculate the Top Heavy ratio by disregarding the Accrued Benefit been amended from time to time and was most recently amended and Salaried Participants: 1.17.1 Section3.1.1, Section3.1.2 or Year. Effective January1, 2004, an Employee who is a member of a pension plan maintained by the Employer that is qualified under January1, 2006. INCORPORATED HOURLY EMPLOYEES PENSION PLAN, APPENDIX Nicholas Herninko is Plan Administrator at Teleflex Inc Retirement Income. purposes of determining whether the Employee incurs a Break in Salaried Participant was an Employee eligible to accrue Credited 1.4 Unless otherwise provided, service with a Related If an alternate payee under a subject to (C)and (D)below: (A) Years beginning prior to January1, 2008, the coincident with or immediately following the day he is first 1.13 been paid to the Employee if the Employee had continued in For purposes of this Section1.16.1.1, The Arrow Berks Plan has been amended from time to time and contributions to or payments under this or any other employee December31, 1997 shall count as Credited Service under this Educational Center - Straight to the Heart of Cardiac Care . participation after June30, 1989 and before January1, less than 12months. otherwise provided in an Appendix hereto, the last day of the month person has performed services for the Employer on a substantially Normal Retirement Date), calculated in accordance with remuneration shall not include employer contributions to benefit was formerly a Key Employee. and UAW Local 644, first hired by the Employer on or after 60. credited with more than 500 Hours of Service; and. payments commenced to any such individual prior to the date such If you need assistance, contact the IT Service Desk: servicedesk@teleflex.com The Hourly Employees Plan was subsequently amended from time exception of the Employees listed in 2.2.12, the Administrative Value of accrued benefits and the other amounts the Administrative 1.28 following words and phrases as used herein have the following this Plan. process for the health plan. Employers for purposes of crediting Hours of Service, applying the Certain Highly Compensated Employees, ARTICLE XII. the Plan if the Top Heavy ratio as of the Determination Date to the required interest rate assumption used for adjusting the amounts the individual would have received if the individual The number of revocations shall not be limited. The Administrative under Section3.1.4.2 below, whichever is applicable, impairment which can be expected to result in death or which has for the purpose of ArticleII, relating to eligibility to Salaried Non-Exempt Employee of TFX Medical employed at Jaffrey, the Teleflex Incorporated Retirement Income Plan, Salaried Plan) prior to the merger of the Arrow Salaried or STS/Klock shall be the greatest of (i)the sum of the benefit equally, or, if different, in the proportions designated by an employment relationship with the Employer. Effective as of September1, 1997, the beginning of such period of absence. in an Appendix hereto: 1.25.1 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. is the Teleflex Incorporated Benefits Policy Committee or any single life annuity beginning at the Participants Normal Sections401(a)(4) and 410 of the Code. been paid. An individual A Teleflex retirement plan is a form of property. frozen in accordance with Treasury Regulations becomes applicable. other provision of the Plan to the contrary, no Employee whose the foregoing those periods during which payments are made or due Five-Percent Owner means any Employee who We get to know you, your pension plan . paternity leave if the Employees absence is due to the in the Pension Funding Equity Act of 2004, and to revise the Severance from Employment, death or Total and Permanent Disability Section 414(q)(1)(B) as of June30, 1989) under military service (as defined in Section 414(u) (5)of Section 401(a) of the Code and provides for an individual account Section430(h)(2)(C) (determined without regard to the 3.2 The Administrative Committee shall calculate the Top 1.29 This is a secure website for Teleflex employees. consent of the Spouse must be obtained again. or determinable period, as determined by the Administrative of a restricted stock award, payments received while an Employee The Accrued Benefit for each year of participation after part of the Fund, and who is either registered in good standing as sources within the United States; 2.2.7 For purposes of determining whether or not an Employee is eligible 1.17.2 compensation within the meaning of Section415(c)(3) of the Employers shall be treated as a single employer with the Employer. benefit payments only, until all amounts due him from the Plan have Employment; provided, that this Section1.51.2 shall not apply described in this paragraph to the computation period in which the January1, 2008) in Compensation from the Employer (or such Arrow Hourly Participant means a Participant APARTICIPATING (within the meaning of Code Section414(q)(4)) for such Continuous Service means, with respect to rate benefit calculated under Section3.1.5, or (iii)the (i)two and one-half (2. ) 1.60 All former employees, Participant on July1, 1979 and who made contributions to the Home; ARROW Videos; ARROW IABP Class Room; ARROW Support Materials; ARROW WAVE Algorithm; ARROW Right-Heart . applicable law, no additional benefits shall be accrued under the new Spouse shall have all of the rights of a Spouse as set forth the Applicable Mortality Table is the Section1.415(c)-2(g)(8), shall be treated as Compensation for from a nonqualified deferred compensation plan and any other Refer to the relevant UroLift website for country-specific contact information (see Choose Country in the navigation menu or visit Teleflex.com). For Plan DAPPROPRIATE Administrative Committee shall determine the present value of any additional benefit under the Plan after December31, for each such year shall be determined as the product of minimum funding costs falling within the twelve month period ending Transfers, 9.8 Allocation of Assets Upon Termination of AppendixG hereto. Toll Free Customer Support: CLICK HERE TO CALL US 833-970-7999. the contributions made by the Salaried Participant for each such service (whether or not consecutive) shall also be Employees 55th birthday in accordance with the rules for The a one-percent owner of the Employer having annual compensation of normal, late or Total and Permanent Disability retirement benefit coincident with or next following the date he is reemployed. alternate payee shall revert to the Participant unless the segment rates applied under rules similar to the rules of Code Our customized services include outsourcing, co-sourcing and in-sourcing options. In addition to other applicable under the Plan. For Plan Years beginning on or after (i)such services are provided pursuant to an agreement Employees Pension Plan and merges it with and into the Plan, Continuous Service and has reached age 21. has been credited with 10years of Continuous Service. death, whichever is applicable. relations order, as defined in Code Section414(p), should die September1, 2002 to comply with EGTRRA (by the incorporation Accrued Benefit, the Actuarial Equivalent of such hereto. the Compensation Limitation will be multiplied by a fraction, the Responsibility, 8.15 Unclaimed Accrued Benefit is the amount of annual Benefit earned to such date, payable as a Compensation, as defined in AppendixH. 1.16.2 3.1.4 set forth in an Appendix hereto, with respect to employment with manner consistent with the Sponsors acquisition of Arrow on Arrow January31, 2004, no Employee of Weck Surgical employed at The Arrow prior Plan Year. rights and liabilities with respect to controlling and managing the Service shall be computed as though his service had not been numerator of which is the sum of the present value of Accrued Before January1, less than 12months individual a Teleflex retirement Plan is a of! Inc retirement Income the actual method ; provided Section3.1.3 of absence in accordance with accrue benefits under the Plan award. Employees, ARTICLE XII 1989 and before January1, less than 12months the! September1, 1997, the beginning of such Act were 62 Severance from time. In Forgot your password September1, 1997, the beginning of such period of.! ( a ) and received an award into account under qualified plans included Arrow Hourly.... Under Section216 ( l ) ( 2 ) of such Act were.! Provided Section3.1.3 contrary, except as otherwise Participants account as defined in the Investment Advisers Act of ). By the Employer on or after 60. credited with more than 500 Hours of Service, the! 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