MMC Benefits Handbook
Transfers to Marsh & McLennan Agency
If you were an employee of a participating company who was also an Active Participant in the Plan and transferred to MMA the following transition rules apply.
For employees who transfer after February 28, 2011:
  • You will cease to accrue benefits under the Plan as of the first of the month next following the day you are employed by MMA and your Accrued Benefit attributable to your period of Benefit Service on and after January 1, 2006 will be frozen.
  • Your Eligible Monthly Pay while employed by MMA will be used to determine:
    • the amount of any transition benefit that you qualify for with respect to any benefits you accrued under the Marsh & McLennan Companies Retirement Plan as of December 31, 2005. You qualify for the transition benefit if you were a participant in the Marsh & McLennan Companies Retirement Plan and as of December 31, 2005, were at least age 50 and accrued at least 10 years of Vesting Service.
    • the amount by which your Accrued Benefit as of December 31, 1999 under the Sedgwick Retirement Plan will be indexed, if any. You are eligible for indexing if you were employed by Sedgwick on November 3, 1998; remained an employee of Sedgwick through December 31, 1999; had an accrued benefit under the Sedgwick Retirement Plan as of December 31, 1999; and were eligible to participate and a participant in the Marsh & McLennan Companies Retirement Plan on January 1, 2000.
    • the amount by which your accrued benefit as of December 31, 1997 under the Johnson & Higgins Retirement Plan will be indexed, if any. You are eligible for indexing if you were employed by Johnson & Higgins through December 31, 1997; had an accrued benefit under the Johnson and Higgins Retirement Plan as of December 31, 1997; and were eligible to participate and a participant in the Marsh & McLennan Companies Retirement Plan on January 1, 1998.
  • You will continue to earn Vesting Service while employed by MMA.
For employees who transfer before March 1, 2011:
If you were an employee of a participating company and transferred to MMA during the period beginning on January 1, 2009 and ending on February 28, 2011, you will participate in the Plan provided you meet the Plan's eligibility rules and remain continuously employed by MMA.
If you are an employee who remained an Active Participant in the Plan following your transfer to MRC, FCC, Kroll Corporate Preparedness, or Marsh ClearSight LLC and you transfer to Marsh & McLennan Agency during the period beginning on January 1, 2009 through February 28, 2011 without terminating your employment with the Marsh & McLennan Companies World-wide Controlled Group, you will continue to participate in the Plan, provided you remain continuously employed with MMA.