If you Leave Marsh McLennan and are Rehired

MMC Benefits Handbook

Non-vested Terminated Participants Who are Rehired

Restoration of prior Vesting and Benefit Service depends on when you left the Company.

If you left the Company on or after January 1, 1985 and you are rehired by any company in the Marsh McLennan World-wide Controlled Group, your Vesting and Benefit Service credited for your service performed after December 31, 1984 are restored.

If you left the Company prior to January 1, 1985 different rules applied.

If your prior Vesting and Benefit Service are restored due to your rehire by any company in the World-wide Controlled Group , you will resume accruing only Vesting Service. You will not be eligible to commence your benefit until you have terminated from all companies in the Marsh McLennan World-wide Controlled Group. See "When Benefits Commence" for details.

Terminated Vested Participants Who are Rehired Prior to the Commencement of Benefit Payments

If you left the Company and were vested when you left, your prior Vesting Service and Benefit Service are restored when you are rehired as a regular or temporary employee by any company in the Marsh McLennan World-wide Controlled Group.

If your prior Vesting and Benefit Service are restored due to your rehire by a company that is a participating employer, you will resume accruing Vesting Service and Benefit Service. If you were eligible for the transition benefit when you left the Company, you will not be eligible for the transition benefit based on any change to your Eligible Monthly Pay that may occur on or after your rehire date. See "Transition Benefit" for details.

You will not be eligible to commence your benefit until you have terminated from all companies in the Marsh McLennan World-wide Controlled Group. See "When Benefits Commence" for details.

If your prior Vesting and Benefit Service are restored due to your rehire by a company that is not a participating employer, you will resume accruing Vesting Service but you will not accrue Benefit Service. If you were eligible for the transition benefit when you left the Company, you will not be eligible for the transition benefit based on any change to your Eligible Monthly Pay that may occur on or after your rehire date. See "Transition Benefit" for details.

You will not be eligible to commence your benefit until you have terminated from all companies in the Marsh McLennan World-wide Controlled Group. See "When Benefits Commence" for details.

Terminated Vested or Retired Participants Who are Rehired After the Commencement of Benefit Payments

Within 90 Days of Your Termination of Employment

If you are rehired within 90 days of your termination of employment by any company in the Marsh McLennan World-wide Controlled Group, your termination will not be deemed to be a bona fide termination of employment and you must repay any monthly benefit payments you received up to the date you are rehired. In addition:

If you are rehired by a participating employer before January 1, 2017:

Your retirement benefit payments will cease while actively employed.

You will resume accruing benefits under the Plan from your rehire date up to and including December 31, 2016, the date benefit accruals were discontinued under the Plan. Thereafter, you will not accrue any benefits.

Retirement payments will begin following your termination of employment or if earlier, the April 1st following the calendar year in which you attain age 70-1/2.

If you are rehired by a participating employer on or after January 1, 2017:

Your retirement benefit payments will cease while actively employed.

You will not accrue any benefits under the Plan while actively employed.

Retirement payments will begin following your termination of employment or if earlier, the April 1st following the calendar year in which you attain age 70-1/2.

If you are rehired by a non-participating employer:

Your retirement benefit payments will cease while actively employed.

You will not accrue any benefits under the Plan while actively employed by the non-participating employer.

Retirement payments will begin following your termination of employment or if earlier, the April 1st following the calendar year in which you attain age 70-1/2

You should notify your Human Resources Representative if you are rehired after you have terminated employment and commenced receiving benefits under the Plan.

More than 90 Days after your Termination of Employment:

Rehire by a Participating Employer

If you are rehired more than 90 days after your termination of employment by a participating employer, your monthly retirement benefit payments will be suspended while you are actively employed.

When you later terminate employment, your benefit will be recalculated taking into account your Accrued Benefit when your payments commenced and any additional benefit you may have accrued under the Plan from your rehire date up to and including December 31, 2016, the date benefit accruals were discontinued under the Plan. The recalculated benefit amount will then be offset by the Present Value of any payments you previously received. Under no circumstances will your new benefit amount be less than the benefit you were receiving before being rehired. Additional service may or may not increase your monthly benefit. Various factors impact the calculated benefit such as age and mortality rates.

Your benefit will not be actuarially increased for your period of employment beyond your Normal Retirement Date when you are not receiving benefits, except to reflect the value of any retirement payments you did not receive for months after your Normal Retirement Date in which you worked less than 40 hours during that period of employment.

Monthly retirement benefit payments will begin following your termination of employment after you submit an application to commence benefit payments or if earlier, the April 1st following the calendar year in which you attain age 70-1/2. However, if you have an ORC Benefit and remain employed beyond the calendar year in which you attain age 70-1/2 payment of your ORC Benefit will begin following your termination, see "Acquired Companies."

You should notify your Human Resources Representative if you are rehired after you have terminated employment and commenced receiving benefits under the Plan.

Rehire by a Non-Participating Employer

If you are rehired by a non-participating employer more than 90 days after your termination of employment, then monthly benefit payments will continue to you since you were not rehired as an eligible employee. You will not however, earn additional Eligible Monthly Pay or Benefit Service. If you later transfer from a non-participating company to a participating company, your monthly retirement benefit payment from the Plan will be suspended as of the date of the transfer.

You should notify your Human Resources Representative if you are rehired after you have terminated employment and commenced receiving benefits under the Plan.