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 MMA and its affiliates and Marsh & McLennan Companies and its affiliates.
  • are disabled as determined under MMA's procedures.
  • die (your Beneficiary will receive your account).
You are always 100% vested in the value of your employee contributions.
Your Company matching contribution, as well as any MMC fixed company contributions transferred from the Marsh & McLennan Companies 401(k) Savings & Investment Plan, are subject to a vesting schedule. However, regardless of your years of vesting service, you are 100% vested in the value of Company matching contributions and any MMC fixed company contributions transferred from the Marsh & McLennan Companies 401(k) Savings & Investment Plan when:
  • you attain age 65 (reach normal retirement age) while employed by the Company or Marsh & McLennan Companies.
  • you are disabled as determined under MMA's procedures.
  • you die (while employed by the Company or 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.)