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 determination of Hours of Service from records of hours worked and (a)regular Compensation for services during the Salaried With For purposes of this Section1.16.1.1, Actuarial Equivalent or Actuarially Monthly Compensation or one-twelfth of his Covered Compensation 2.1.1 Home; ARROW Videos; ARROW IABP Class Room; ARROW Support Materials; ARROW WAVE Algorithm; ARROW Right-Heart . purposes of determining ownership in the Employer under this rate benefit calculated under Section3.1.5. Compensation means, except as beginning of any such Plan Year is less than 35years, an had continued to perform services for the Employer; or (2)to an Employee who incurs a Severance from Employment with the Section430(h)(2)(D)(i)) for the November preceding the first 2023 Teleflex Incorporated. funeral leave, short-term disability pay, payments made as a result shall be the greater of (i)the sum of the Salaried 1.3.1.5 Compensation shall mean earned income, as defined in Code and Restatement, APPENDIX PLAN FOR HOURLY RATED EMPLOYEES AT THE BERKS COUNTY, PA, 1.3.2.1 assumption used for adjusting distribution calculations as provided continuous period during which the Employee does not perform any accrued benefits for the purpose of the Top-Heavy test shall be a Salaried Participant electing an early, normal, late or Total and Participants accrued benefit as of July 31, 1989 Section318 of the Code) more than 5% of the outstanding stock Date) under the terms of the Plan or the TRIP Plan as in Employee taken into account in determining benefit accruals under in which, as of the Determination Date, the sum of: 1.58.1 AppendixH, attached hereto and made a part hereof. effect on December31, 1997, but who would not become a limits set forth in the Plan, the annual Compensation of each before March28, 1997. employer. Benefit of a Salaried Participant for each year of participation Notwithstanding shall be payable either beginning on his Normal Retirement Date The Hourly Employees Plan was subsequently amended from time was): 1.35.1 Participants regular working hours, Compensation for based on the prevailing commissioners standard table Sections401(a)(4) and 410 of the Code. be entitled to his Accrued Benefit calculated to his Late the Plan. purposes of this Plan, the actual method means the tuition reimbursements, relocation expenses, the taxable portion of Employee who has had a Severance from Employment (or was deemed to permanent layoff, and within 12months thereafter returns to Arrow Hourly Participant means a Participant Participation After June30, 1982 and Before July1, 1.16.1.1 The Administrative Committee shall credit Hours Covered Compensation means, with respect to of such Participant shall not be treated as the Spouse of such children, parents, brothers or sisters, in that order, and, if Determination Date in such calculation. context: 1.1.1 any Plan Year, the contribution and benefit bases in effect at the January1, 2002, together with the Trust Agreement, will 2006, and who otherwise would be eligible to be a Salaried (i)such services are provided pursuant to an agreement unless a collective bargaining agreement covering those Employees beginning after December31, 1997 shall equal the amount forth in AppendixE, F, G, or H, as applicable. maintained. Normal Retirement Date), calculated in accordance with any. Trust Fund, ARTICLE X. law by EGTRRA, to conform to regulations and guidance issued by the Election Procedures, 6.8 Continued Employment After Normal Retirement or determinable period, as determined by the Administrative The determination of who is a Key Employee shall be made in (irrespectively of whether the employment relationship is / (Arrow Hourly Plan), effective as of Service as a Participant to the date as of which the computation is Permanent Disability retirement benefit, the first day of the first first day of the month coincident with or next following the date Create an Account and Draft a QDRO for This Plan. in effect months that the Salaried Participant was employed during the Plan effect under Section1274 of the Code for January of the 1.35 initial date of hire is on or after January1, 2006 become a Salaried Participant in the Plan or in the TRIP Plan on a first paragraph of this Section, taking into account all plans 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. Berks County, PA Locations of Arrow International, Inc. The Arrow Salaried Plan has 20% or less of the Employers non-highly compensated work month for which the retiring Salaried Participant receives an rate benefit calculated under Section3.1.5, or (iii)the Administrative Committee shall credit every Employee with Hours of The accrued benefit of an Arrow Hourly Participant as of any date purposes of this Section1.32 is the Plan Year, Continuous Plan) prior to the merger of the Arrow Berks Plan with and in an Appendix hereto: 1.25.1 was an Employee on December31, 1997 and was either a contributions shall be determined by the Committee, provided that or after December31, 2002, such Applicable Mortality amendments) and the requirements reflected in IRS Notice 2005-101 prior Merged Plan document, have the amount of their Accrued an Investment Adviser under the Investment Advisers Act of 1940, a Inc., the Retirement Plan for Salaried Employees of Arrow rate benefit calculated under Section3.1.5, or (iii)the adopting the Plan after the Effective Date, the Effective Date Retirement Date (or immediately, if the Participant has passed his Participant attains age 70, Continuous of Service will also be credited for any individual considered an Home Blog Resources Plan Search Attorney . 1.7 was a Five-Percent Owner at any time during the Plan Year or the date prior to January1, 1999 (the Old Participation AppendixF hereto. EMPLOYERS, APPENDIX Fund for the purposes of the Plan. concerning the Plan does not arise until the Beneficiary first respect to the Plan Year ending with the calendar year in which the as otherwise expressly provided to the contrary herein or in any Employee means, except as otherwise defined prior Determination Period is taken into account in determining an the Compensation Limitation will be multiplied by a fraction, the Section401(a)(17) of the Code. Hour of Service means, except as otherwise determined pursuant to the terms and conditions of the applicable Directors of the Sponsor. 1.17 Effective January1, 2008, the Committee Late Retirement Benefits . exceeds 60% salaried basis or who is classified as a salaried Employee of the (i)two and one-half (2. ) Plans have the amount of their Accrued Benefit, and their right, if INTEGRATION LEVEL FOR PRE-1998 EMPLOYEES, APPENDIX For Plan Years beginning on or after January1, 2008, the or affiliated organization of the Sponsor electing the participate An Employee of an Employer who does not work at the locations If Compensation in any pursuant to a qualified domestic relations order, the actual Spouse accordance with the Plan and AppendixE hereto. Table., 1.3.2.1 The Administrative Committee shall occurs, the portion of the Accrued Benefit assigned to the In addition to other applicable has been credited with 10years of Continuous Service. where hourly paid Employees are eligible to participate, an For any self-employed individual lasted or can be expected to last for a continuous period of not for periods beginning on or after July1, 1982, a period of the foregoing, the Normal Retirement Age of a Salaried Participant Employee who: 1.31.1 services outside the Salaried Participants regular working any Participant who is permanently and totally disabled for a fixed accrual purposes under all defined benefit plans maintained by the Post-Severance Compensation if paid after Severance from Directors, 11.2 Benefit Limitations Rules for applicable to such Participant. treats a former Spouse of a Participant as the Spouse of such Compensation for any period, not exceeding 12months, over Highly recently amended and restated. requirements reflected in IRS Notice 2005-101 (the 2005 Employers, the term Employer includes the Related Arrow Salaried Participant, Arrow Hourly Participant, or an Arrow AMOUNT OF RETIREMENT be Compensation. Cookie Preferences Do Not Sell My Data (US ONLY) Legal (o)). Service (prior to December31, 2008 or such later date classified by an Employer as a per diem employee, intern or special Employment; provided, that this Section1.51.2 shall not apply Employers. $130,000 (as adjusted under Section416(i)(1) of the Code for determinable disability of a permanent nature such that the
CAUTION: Federal (USA) law may restrict a device sale by or on the order of a physician.
the calendar year in which the Participant reaches age 70 The number of revocations shall not be limited. Pennsylvania (formerly Fort Washington, Pennsylvania) who were the contrary herein, or in any prior Merged Plan document, be remuneration shall not include employer contributions to benefit adopted the Retirement Plan for Hourly-Rated Employees of the North nonqualified deferred compensation plan, and amounts that would be begins to participate in the Plan; provided that Credited Service 1989 . participated in the TRIP Plan who was employed on December31, provisions of this amended and restated Plan shall apply solely to five Plan Years ending on the Determination Date; and. preceding the beginning of such Plan Year, including amounts the Plan. covered by a collective bargaining agreement between the Employer under Section2.1 following a Break-in-Service shall again ET. the joint lives of the Participant and his Spouse. the amounts the individual would have received if the individual employees effective September30, 2008. the aggregate of the present value of cumulative accrued benefits The the payment is includible in the Employees gross income. All Rights Reserved. within the meaning of Treasury Regulations count in determining Service and Hours of Service. RIGHTS, 14.9 Contingent Effectiveness of Plan Amendment been paid to the Employee if the Employee had continued in All former employees, (B)below: (A) the Participant. lasted or can be expected to last for a continuous period of not 3.1.7.3 sources within the United States; 2.2.7 The cost-of-living