MMC Benefits Handbook
Salary
The following definitions apply when calculating benefits based on your salary:
Definition of Salary
For Marsh & McLennan Companies employees (other than MMA):
  • Salary for the purpose of the Plan is your annual base salary (excluding overtime, bonuses, commissions, and other extra compensation).
For MMA employees:
If my salary changes, what happens to my life insurance benefit?
If you are a Marsh & McLennan Companies employee and your salary changes, your Basic Life Insurance benefit amount will be adjusted on the date of your salary change, provided you are Actively-At-Work.
Evidence of Insurability is not required for an increase in coverage resulting from a salary change.