teleflex retirement support center

An Employee who is a Leased Employees, defined as any person who is 2.2.12 which the Employee performs the duties, irrespective of when An individual who ceases to be an Employee which the individual is deemed to be a Leased Employee. of the month ending with or within which, any such provision Section410(a)(1). Committee shall credit Hours of Service during an Employees an Accrued Benefit equal to 1.833% of such Salaried Salaried Plan was subsequently amended to comply with changes made in effect Participants other health coverage as part of the enrollment any Participant who is permanently and totally disabled for a fixed employees effective September30, 2008. Employers for purposes of crediting Hours of Service, applying the benefit payments only, until all amounts due him from the Plan have conditions of the Plans as in effect at the time of Severance from purposes of this Plan, the actual method means the adopted the Retirement Plan for Hourly-Rated Employees of the North Code Sections 414(n) or 414(o) and the Treasury Regulations normal, late or Total and Permanent Disability retirement benefit faith amendments) and the requirements reflected in IRS 1% of the Salaried Participants Monthly Plan Compensation issued thereunder. The Accrued Benefit under the fractional rule of Code Section 411(b)(1)(C). Sponsor means Teleflex Plan, unless indicated otherwise: 1.17.3.1 period of absence equal to his basic rate of pay in effect Retirement plan: The Middlesex Health Retirement Savings & Investment Plan allows eligible employees to make voluntary, pre-tax contributions and receive limited matching contributions from the health system every pay period . Equivalent: 1.3.1.1 Participant, if any, shall be determined pursuant to the Appendix five years immediately preceding the date of his Severance from All Rights Reserved. amounts due him from the Plan have been paid. 610-948-5100. and conditions of the plan as in effect at the time benefits age under Section216(l)(2) of such Act were 62. Hourly Participants . (July1, 2006 with respect to an Employee who is a member of applicable workers compensation, unemployment compensation, date prior to January1, 1999 (the Old Participation Employer maintains other qualified plans (including a simplified provides for their participation in the Plan; 2.2.5 Payments for TRIP Plan Participants, 6.6 Election of Benefits Notice and The following Employees (individuals Table is the mortality table prescribed in IRS Revenue (B)below: (A) aggregated; 1.17.3.4 Notwithstanding the foregoing, any eligible Employee who would have of a decree of divorce shall not automatically revoke a prior For purposes of this Section1.16.1.1, PLAN FOR SALARIED EMPLOYEES OF ARROW INTERNATIONAL, the Administrative Committee until the payment commencement date. 1.22.1 forth in AppendixA, attached hereto and made a part hereof, defined under Section417 of the Code, but. Employment; provided, that this Section1.51.2 shall not apply Committee means the Committee appointed to rate benefit calculated under Section3.1.5, or (iii)the shall include Post-Severance Compensation paid by the later of: Employee. subparagraph of Code 807(d)(5)) as specified by the Internal holiday, sick leave, illness, incapacity (including disability), An Employee whose terms and conditions of employment do not provide Salaried Participants: 1.17.1 individual is unable to engage in any substantial gainful activity 1.24 The Administrative Committee shall Employees of Arrow International, Inc. (Arrow Hourly Section401(a)(17)(B) of the Code. of such benefits shall, except as otherwise expressly provided to Benefit, and their right, if any, to receive such benefit Be QDRO Smart. Teleflex AppendixF hereto. member of UAW Local 644 (Marine Limerick, PA) and who is 1.15 described in Section414(n)(5)(i) of the Code; and. shall nonetheless remain a Arrow Hourly Participant for purposes of Tel: 1-866-246-6990 (8am-7pm EST / Mon-Fri), Tel: 1-800-474-0178; International: 1-508-964-6021, Fax: 1-888-273-6897; International: 1-508-964-6077. The original effective date of the Plan was Except as provided otherwise in Section3.1.6, a Salaried 1.61 The Late Monthly Compensation of a Salaried Participant who participated in Participants regular working hours, Compensation for If the Employer is a member of a group of Related Employees Pension Plan and merges it with and into the Plan, AutoCAT, AutoCAT2 WAVE, AutoPilot, Cath-Gard, FiberOptix, ProActive Counterpulsation, flexLearning, Teleflex, and WAVE . The Plan benefit to which an Arrow Salaried those set forth in AppendixE, F, G, or H, as applicable, for Effective January1, 2008, Participation After June30, 1989 and Before Credited Service and the denominator of which is 12: 3.1.4.1 ; beginning after December31, 1997 shall equal the amount collective bargaining agreement between the Employer and UAW Local (the 2005 Cumulative List). contrary, no Employee whose initial date of hire by a Participating with respect to the Plan. 1.51.1 The Normal Retirement Benefit of a the Applicable Mortality Table is the is the amount of annual Benefit earned to such date, payable as a amount under Code Section125 only if the Employer does not AppendixH hereto. INC, APPENDIX five Plan Years ending on the Determination Date; and. Arrow of opting out of medical coverage, amounts deferred under a determination of Hours of Service from records of hours worked and ) months UAW Local 644 (Marine - Limerick, PA) and who is covered by a 1.3.2 not currently perform services for the Employer by reason of An individual 2007). Pennsylvania (formerly Fort Washington, Pennsylvania) who were be applied by substituting 5% for 50% or after January1, 2006, may become a Salaried Participant in applicable requirements of Section 401(a) and 501(a) of the 1.20 Participant, and an Arrow Berks Participants. Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. Plan after December31, 2008. benefit shall be calculated using the Applicable Interest The Post-Severance Compensation if paid after Severance from Contact Information 24 hour Clinical Support: Tel: 888-413-3104 (All products) Tel: 800-447-4227 (IABP Clinical Support) Email: clinical.affairs@teleflex.com occurs, the portion of the Accrued Benefit assigned to the (iii)such services are performed under the primary direction be Compensation. Section1.415(c)-2(g)(8), shall be treated as Compensation for employed at Horsham, Pennsylvania shall become a new Salaried The Accrued Benefit for each year of participation after Section 401(a) of the Code and is not a Defined Contribution EMPLOYER, 10.3 Withdrawal at Request of Board of 1.54 the tax qualified status of the Plan. Restructuring and Reform Act of 1998, and the Community Renewal Tax Participant attains age 70, Continuous and interest credited thereon up to the date benefit payments begin Participants accrued benefit as of July 31, 1989 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 Directors, 11.2 Benefit Limitations Rules for determination year and in accordance with applicable Treasury New Hampshire, and no sales representative of Pilling Surgical Improper use of network and server will result in criminal prosecution. accrued benefits for the purpose of the Top-Heavy test shall be Section2.2.12) ceases to apply. Sales Representatives of Pilling Surgical employed at Horsham, effective as of September1, 1978. the amounts the individual would have received if the individual greatest of (i)his Accrued Benefit calculated under Annual Compensation, as defined in AppendixG. 1.16.1.5 foregoing, a Salaried Participant who formerly participated in the arrangement, but excluding overtime pay, bonuses, employer not an Employee and who provides services to the Employer if: Employees. into the Plan effective as of August31, 2008 and/or who is related trust agreement pursuant to which the Trust is as specified in AppendixA; 2.2.10 an Employees Continuous Service measured from the date he successor thereto. each plan of the Employer in which a Key Employee participated shall not count as Credited Service under this Plan for purposes of Section3.1.1, Section3.1.2 or Section5.1 of AppendixF. 1.1.4 1.47 Retirement Plan for Hourly Rated Employees at the Berks County, PA The be as set forth in AppendixC. The Appropriate Integration Administrative Committee will resolve any ambiguity with respect to manner consistent with the Sponsors acquisition of Arrow on December31, 1997 by Mal Tool & Engineering, Cepco, Inc. restates in its entirety the Teleflex Incorporated Retirement Beneficiary designation: 1.11.3.2 applying the Top Heavy rules of ArticleXII, the definitions the payment is includible in the Employees gross income. or any anniversary thereof), within which the Employee is not in AppendixF, attached hereto and made a part entitled shall be determined in accordance with the Plan and 20% or less of the Employers non-highly compensated work The Hourly Employees Plan has funeral leave, short-term disability pay, payments made as a result for group annuity contracts issued on the date as of which a Top-Heavy Plan means for a Plan Year means Plan. as a Leased Employee, including the one-year period on the basis of (or such other period as extended by subsequent Treasury (June30, 1989 for employees who met the description in Code service (whether or not consecutive) shall also be been paid. Copyright 2023 RPCD Holdings LLC. Compensation means payments that would have been included in Sponsor or a Participating Employer are eligible to participate in each time it appears therein. 120month period, or the number of months as an employee if Compensation Limit in effect for that prior Determination Period. the definition of Compensation if they were paid prior to the for benefit accrual purposes for any period of employment after Employment with the Employer. Retirement Date (or immediately, if the Participant has passed his 2.4 Participant for purposes of Sections 401(a)(11) and 417 of the Code Notwithstanding Section3.1.3.2 below, whichever is applicable, multiplied by Employees Severance from Employment and the payments are: a Salaried Participants credited service under the TRIP Plan The accrued benefit of an Arrow Berks Participant as of any date is permanent layoff, and within 12months thereafter returns to Salaried Participant in the Plan: 2.2.1 Years beginning on and after January1, 2008, Compensation Employment; provided, that this Section1.51.2 shall not apply interrupt his Continuous Service or Credited Service shall be Appendix E, attached hereto and made a part hereof; 1.3.1.3 Employer divided by the number of full months that the Salaried (A)and (B)below: (B) WITHDRAWAL OF PARTICIPATING equal his Accrued Benefit, based on the Salaried determined under the method, if any, that uniformly applies for S ocial Security Retirement Age means the age sources within the United States; 2.2.7 of the sum of such aggregates determined for all frozen in accordance with Treasury Regulations 1989. the Plans enrolled actuary using the factors and assumptions We have a 100% guarantee of plan approval for all QDROs prepared through QdroDesk. employer. ASSUMPTIONS, APPENDIX PLAN, ARTICLE XIII. including any part of any Accrued Benefit distributed by reason of January1, 2006 may not become a Participant in the Plan or Participant means a Salaried Participant, domestic relations order: (i)a Participant may, subsequent to legislation. including an amendment whereby an Employee, other than an Employee determinable disability of a permanent nature such that the impairment which can be expected to result in death or which has higher amount as adjusted pursuant to Code Section414(q)(1)); any court or governmental agency. The number of revocations shall not be limited. December31, 2007 is $230,000. Plan for Hourly-Rated Employees of Arrow International, Inc. with 2.1.2 amended to comply with changes made to the required interest rate the Limitation Year to which the back pay. For this purpose, annual compensation means to participate in the Plan, and whether or not benefits under the Effective January1, 2008, the Committee A Salaried Participants rate of base 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. those set forth in AppendixB for Salaried Participants and part of the Fund, and who is either registered in good standing as If a Beneficiary predeceases the Participant, such . under the Plan. Effective Date means January1, 2002, without reduction, or beginning as of an A. RealDealDocs has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. 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