MMC Benefits Handbook
Changing a Beneficiary
You can change your Beneficiary at any time online. If you are an active employee, go to Colleague Connect (https://colleagueconnect.mmc.com), click Career & Rewards and select Transamerica under Tools. If you are a terminated employee, go to Connect (https://connect.mmc.com), select a region and click Transamerica. If you prefer, you may complete a Beneficiary Designation Form and return it in accordance with the form's instructions. Forms may be obtained online.
If you are married, you must obtain your spouse's written, notarized consent to designate someone other than your spouse as a beneficiary.
Be sure to keep your beneficiary designation up to date. The last completed Beneficiary designation election on file with the Plan is the exclusive basis upon which the Plan will make a distribution to a beneficiary.
No Beneficiary Named
If you are married and die before you receive your account, your surviving spouse is automatically your sole beneficiary. If you have no spouse at the time of your death, and no other beneficiary has been designated, then the Plan payments will be made to your estate and will be distributed according to the settlement of your estate.