Glossary

Handbook
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	Supplemental Savings & Investment Plan

	The Plan at a Glance

	Participating in the Plan

	How the Plan Works

	Company Matching Credits

	Your Deferrals

	Notionally Investing Your Account Balance

	When Benefits Are Paid

	How Benefits Are Paid

	How Benefits Are Taxed

	In Case of Your Death

	Leaving the Company

	Account Information

	Miscellaneous

	Glossary

Glossary

Annual Enrollment

The period of time each year designated by the Company when you may generally enroll in plans and make changes to your benefit elections, if allowed by the plan.

Beneficiary

The person or entity you designate (or who, under the terms of the plan, will) receive your remaining account balance, if any, after you die.

Compensation or Contribution Limits

The applicable IRS compensation or contribution limits that can be reached under the 401(k) Savings & Investment Plan are:

limit on before-tax and/or Roth 401(k) contributions: $15,500 plus $5,000 in catch-up and/or Roth catch-up contributions (total of $20,500) in the 2008 calendar year (Before-tax and/or Roth 401(k) contributions to a prior employer's plan in 2008 also count toward the IRS limit. You are responsible for coordinating your 401(k) Savings & Investment Plan contributions and taking into account any contributions made to a prior employer's plan in the same calendar year.)

covered compensation limit: for January 1, 2008 to December 31, 2008, the limit is $230,000

limit on total contributions (both yours and the Company's) to the 401(k) Savings & Investment Plan and any affiliated company defined contribution plans: the lesser of 100% of total compensation or $46,000 for the 2008 calendar year)

Compensation Limit

The Compensation Limit is the IRS limit on compensation eligible for consideration under plans like the 401(k) Savings & Investment Plan. The annual base pay that exceeds the annual Compensation Limit is eligible for deferral into the Supplemental Savings & Investment Plan. The 2008 Compensation Limit is base pay in excess of $230,000. The Compensation Limit will increase in future years as IRS limits increase.

Lump Sum Payment

Payment within one calendar year (usually in one check) of your entire benefit.

MMC Employee Service Center

Marsh & McLennan Companies, Inc.
c/o MMC Global Benefits – 6th Floor
Waterfront Corporate Center
121 River Street
Hoboken, New Jersey 07030

Phone: (866) 374-2662

Personal Identification Number (PIN)

A confidential personal identification number assigned to you that enables you to access information on your account.

Retirement

You are considered a retired employee when you terminate your employment with the Company if:

you are at least age 55 with 5 years of vested service

you are age 65 or above

Transfer Agent

Bank of New York
Phone: (800) 457-8968

Years of Service

There is one-year required to qualify for the Company matching credits.

Year of Service means an Employment Year in which you complete 1,000 Hours of Service.

An Employment Year is the 12-month period beginning on your hire date or anniversary of that date.