MMC Benefits Handbook
How You Received the JLT Transition Contribution
- If you were eligible for the JLT Transition Contribution, your contribution was posted to your Plan account in August 2019. These contributions were made on a one-time basis and are not provided under the Plan going forward.
- Your JLT Transition Contribution was invested based on your investment election for new Company contributions on the date the contribution was made. If no investment election was on file, your JLT Transition Contribution was invested in the BlackRock LifePath Index Fund that most closely matches your retirement year, based on the Plan's normal retirement age of 65. The BlackRock LifePath Index Funds are the Plan's qualified default investment alternative.