MMC Benefits Handbook
Leaving the Company
Distribution Eligibility
You are entitled to the Vested value of your Plan account, less any outstanding loan balance when you:
  • retire.
  • terminate employment with Marsh & McLennan Companies.
  • have been approved for benefits under the Marsh & McLennan Companies Long Term Disability Plan in accordance with that plan's provisions.
  • die (your Beneficiary will receive your account).
You are always 100% vested in the value of your employee contributions.
Your Company contribution account is subject to a vesting schedule. However, regardless of your years of vesting service, you are 100% vested in the value of Company contributions when:
  • you attain age 65 (reach normal retirement age) while employed by Marsh & McLennan Companies.
  • you are approved for benefits under the Marsh & McLennan Companies Long Term Disability Plan in accordance with plan provisions.
  • you die (while employed by Marsh & McLennan Companies).
  • the Plan is terminated in full or there is a partial termination that affects you. (You will be notified if this occurs.)