MMC Benefits Handbook
Future Fund Reallocation and/or Transfers in the Event of Plan Termination
If the Plan is terminated or liquidated and the special conditions under Treasury regulations under IRC Section 409A are not satisfied, no more eligible employees shall be allowed in the Plan. Deferrals and Company credits would also cease. Participants that were in the Plan would continue to be notionally invested in the notional investment funds until their Plan accounts are distributed in the normal course.