MMC Benefits Handbook
A change in your method of payment automatically dictates a change to the timing of your payment.
Installment payments will begin according to your distribution election and each December thereafter.
Lump sum distributions are processed on a monthly basis. Any value of your notional investments other than notional shares of Marsh & McLennan Companies stock (after applicable tax withholdings from the distribution of your account) will be paid to you by check. A distribution statement will be mailed approximately five business days from the end of the month in which you become eligible for a distribution.
The portion of your account notionally invested in notional shares of Marsh & McLennan Companies stock will be paid in shares of Marsh & McLennan Companies stock; a book-entry account will be established with the Company's transfer agent within two weeks after your distribution is processed.