MMC Benefits Handbook
Retiree Benefit
What is the retiree benefit?
Employees who retired from Marsh & McLennan Companies on or before December 31, 2005 are eligible for $7,500 in coverage at no cost to the employee.
Note: Employees who retired from acquired companies and past retirees may not be eligible for this benefit. The letter provided to you when you retired should specify the amount of life insurance to which you are eligible as a retired employee, if any.
If these employees elected to convert to an individual policy, the conversion amount will be less the Company paid Retiree Life Insurance amount, $7,500.