MMC Benefits Handbook
Eligibility & Amount
- To be eligible for the JLT Transition Contribution, you had to be employed by JLT (or certain other acquired affiliates and subsidiaries of JLT) in the US on March 31, 2019 and by Marsh McLennan on July 1, 2019. You also had to be eligible to participate in the JLT (USA) 401(k) Incentive Savings Plan on March 31, 2019 and in this Plan on July 1, 2019.
- You were not required to attain one year of vesting service in order to be eligible for the JLT Transition Contribution.
- The amount of the JLT Transition Contribution was 4% of your eligible base pay (up to $70,000) received between April 1 and June 30, 2019 while on JLT's payroll.