String Split Method - Contents Of Text Files

I am trying to split the contents of the text file and assign the value on the left of the separator to a variable and the value on the right of the | separator to another variable. Thus I tried out a sample code to print all the values in the split [] first, and ended up with problems. This is the content of the text file:

Crazed Boy|20
Hello|5
MSB|6.5

public class Main {
public static void main(String[] args) {
try {
BufferedReader infile = new BufferedReader(new FileReader("test1.txt"));
for (int i =0; i < 3 ;i++) {
String s = infile.readLine();
String[] ss = s.split("|");

[code]....

I keep getting IOException in my sample code, why is this so ? I assumed the split() method is supposed to output for the 1st iteration:

ss[0] = Crazed Boy
ss[1] = 20