Benefits Handbook

If you were an employee of Montgomery & Montgomery Inc. on the date of the acquisition (December 31, 1986), you received Benefit Service under the Marsh & McLennan Companies Retirement Plan from December 1, 1986.

Benefits accrued under the Montgomery & Montgomery Inc. Retirement Income Plan were frozen as of January 31, 1987. The frozen benefit will be paid in addition to benefits accrued under the Marsh & McLennan Companies Retirement Plan for Benefit Service since December 1, 1986. Your benefit will be reduced if your Benefit Commencement Date precedes your 65th birthday. The reduction will be the lesser of the required reduction calculated under the prior Montgomery & Montgomery Inc. Retirement Income Plan and the Marsh & McLennan Companies Retirement Plan.