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Your Benefits Upon Separation from Aon


Your Benefits Upon Separation from Aon (May 2019) Aon HR Service Center 1-855-625-5500 1

Your Benefits Upon Separation from Aon

General Matters 3

UPoint Access 3

Final Paycheck 3

Vacation 3

Personal and Sick Days 3

References 3

Severance Benefits (For Qualifying Separations Only) 4

Healthcare Coverage 4

COBRA Continuation Coverage 4

Retiree Health Coverage for Pre-Age 65 Colleagues 5

Medical Options 5

Dental Options 6

Vision Options 7

Retiree Health Coverage Subsidies for Pre-Age 65 Colleagues 7

Retiree Health Coverage for Medicare-Eligible Colleagues and Dependents 7

Health Coverage in the Event of Severance-Eligible Separation 8

Health Insurance Marketplace Coverage 8

Health Savings Accounts (HSA) 8

Employee Assistance Program (EAP) 9

Life Insurance 9

Retiree Group Life Insurance 9

Group Variable Universal Life (GVUL) Insurance 9

AD&D Insurance 9

Short-Term Disability Coverage 10



Long-Term Disability Coverage 10

Voluntary Benefits 10

Group Personal Umbrella Liability Insurance 10

Flexible Spending Accounts and Commuter Benefits 11

Flexible Spending Accounts (FSAs) 11

Commuter Benefits 11

Retirement Plans 11

Aon Savings Plan - 401(k) 11

Aon Pension Plan 12

Employee Stock Purchase Plan (ESPP) 13

Equity Awards 13

Additional Information 13



The following information is a summary of the impact of a separation from service on Aon’s pay and benefit

programs. Please note that you may not be eligible for all the benefits described in this document, based

on the conditions of your separation and the terms of the applicable benefit plan documents. If there is any

discrepancy between this summary and the official plan documents, the official plan documents shall

govern. Please refer to the official plan documents as needed for additional information.

General Matters

UPoint Access

If you were able to access UPoint at https://digital.alight.com/aon as an active colleague, continue to use

your existing user ID and password to view your benefit information after separation.

▪ If you chose to receive benefit information electronically through the secure mailbox on UPoint, you may need to update the email address where you'd prefer to receive email notifications. Go to UPoint > Your Profile > Manage Communications to confirm your benefits information delivery preference and make necessary updates.

▪ If your home address changes after your separation, notify the Aon HR Service Center at 1-855-625-5500. Representatives are available Monday through Friday, 8 a.m. to 4:30 p.m. Central time. While you can update your permanent address on UPoint after your separation, you will need to contact the Service Center to have Workday updated for W2 purposes.

Final Paycheck

Your final regular paycheck is normally generated on the next regular payday following your separation, job

elimination or retirement, or as required by state law. All usual deductions, including any health care

coverage and insurance deductions will be withheld from this final regular paycheck, regardless of when in

the pay period your employment ended.

Vacation

You will be paid for earned unused vacation from the current year only, unless you worked in a state that

requires limited vacation carry over from previous years. Payments for earned unused vacation are normally

issued on the next regular payday following separation or the payday after that (depending upon timing of

the separation), or as required by state law. Any used, unearned vacation remaining at the time of

separation will be deducted from final pay. If you are not eligible for vacation accruals, there will be no final

payment for unused vacation time. No health care coverage and insurance deductions will be withheld from

the final vacation pay.

Personal and Sick Days

You will not be paid for any accrued unused sick days, nor will you be paid for unused personal days, unless

required by state law.

References

All requests for employment references should be directed to the Work Number at 1-800-367-5690 or

www.theworknumber.com.

http://www.theworknumber.com/



Severance Benefits (For Qualifying Separations Only)

If your employment ends due to job elimination or another circumstance specifically defined under the Aon

Severance Plan as a Qualifying Termination of Employment, you may be eligible for severance benefits

depending on your role level and years of service with the company. For the avoidance of doubt, if your

separation circumstances are not specifically defined as a Qualifying Termination of Employment under the

Aon Severance Plan, you will not be eligible for severance.

If you are eligible for severance pay, it will be issued (or will commence) on a regular payday, as soon as

administratively possible following receipt of the signed release and waiver of claims (and expiration of the

revocation period, if applicable) as required under the Aon Severance Plan. Severance pay is either issued

as a lump sum (one-time) payment or through salary continuation, depending on your job level, as indicated

in your separation letter. Severance pay is not eligible compensation for Aon Savings Plan purposes.

Severance benefits under the Aon Severance Plan also include outplacement services and a COBRA

subsidy. Note that, if you became a colleague of an Aon subsidiary as a result of an acquisition, credit for

your service prior to the acquisition date may or may not be included for purposes of determining any

severance benefits, depending on the terms of the acquisition agreement. You may confirm the amount of

service used by contacting your human resources business professional.

If you receive severance benefits and are then rehired or reengaged by an Aon company in any capacity

at any time before the total number of weeks used to calculate your cash severance benefit have elapsed,

you must reimburse the company for all benefits paid during, or attributable to, the period of rehire or

engagement. For example, if you were paid six weeks’ severance and were off work for four weeks before

returning, you must reimburse the company two weeks’ pay.

Healthcare Coverage

Active colleague medical, dental, and vision coverage ends at 11:59 p.m. (in your home time zone) on the

last day of the month in which your employment ends (or the last day of the month prior to your separation,

if your employment ends on the first of the month).

COBRA Continuation Coverage

COBRA coverage is a temporary continuation of health coverage when it otherwise would end because of

a life event, known as a “COBRA qualifying event.” Generally, your separation from service (for reasons

other than gross misconduct) entitles you to elect COBRA continuation coverage for yourself and your

enrolled dependents as long as you/they were covered under the plan as of the day before your separation.

Some important points to know about the COBRA process:

• If you are eligible for COBRA, you will receive a COBRA notification packet which will include the

cost of coverage and a benefits summary in your secure mailbox on UPoint or your home address

(depending on your preferred method of communication delivery on file). This packet will be sent

to you within 14 days after your coverage ends.

• You will have 60 days to complete your enrollment online via the UPoint website or contact the Aon

HR Service Center to enroll in COBRA benefits. Enrollment in benefits is retroactive to the date

that the active coverage was lost. You cannot select a different start date for your COBRA

continuation coverage.



• You will be directly billed for the cost of your COBRA coverage. You will receive information on

other payment methods with the first bill notice. The cost of COBRA continuation coverage must

be paid on an after-tax basis.

• Payment is due at enrollment, but you have 45 days after electing coverage to submit your initial

payment. You can use the pay now feature on UPoint to do so. The initial payment includes

coverage for the first day on COBRA through the end of the following month as of your billing

statement date. Please note, your coverage is not active until payment is received, processed and

reported to the insurance carrier. The carrier will not pay for claims beyond your coverage paid

through date. Therefore, you should complete your COBRA enrollment and make payment in order

to access your benefits.

• It is important to understand that until you pay your COBRA premium, you are responsible for the

full cost of your health services. Once your COBRA coverage is active, you may file a claim with

your medical insurance company for reimbursement.

• COBRA coverage is temporary and is only available for up to 18 months (unless you experience

another qualifying event entitling you to an extension).

If you choose to extend your current medical coverage under COBRA and you have coverage under Aetna,

BlueCross BlueShield, Dean Care, Health Net or UPMC, your ID card(s) will be cancelled when your active

coverage ends. You will receive a new ID card(s) from the medical insurance company for COBRA

coverage. If you elect COBRA coverage under Cigna, Geisinger, Group Health, Kaiser or United

Healthcare, you may continue to use your current ID card(s). Take this into consideration when planning

for medical services or prescription medication.

If you and/or any of your covered dependents are eligible for Medicare, and you elect COBRA, the Aon

medical plan options will pay benefits as if you are enrolled in Medicare Parts A and B, regardless of whether

you are actually enrolled or receive Medicare benefits. Therefore, it is critical that you and your dependents

enroll in Medicare Parts A and B as soon as you are eligible. Once you and/or any eligible dependents

enroll in Medicare, you must notify the Aon HR Service Center.

Retiree Health Coverage for Non-Medicare-Eligible Colleagues and

Dependents

If you are at least age 50 with at least 10 years of continuous service with the company on the date

your employment ends, you are eligible to continue participating in the Aon Benefit Plan for non-Medicare

medical, dental, and vision coverage until you/your eligible dependents reach age 65 or otherwise qualify

for Medicare. This continuation will occur automatically as long as you pay the required premiums.

Medical Options

The medical plan options available to eligible retirees are the same as those available for active colleagues

through the Aon Active Health Exchange, based on your location:

▪ Bronze – a basic, high-deductible health plan with an available Health Savings Account (HSA)

▪ Bronze Plus – a high-deductible plan with an available HSA; similar to the Bronze option but with lower deductibles and out-of-pocket costs



▪ Silver – an enhanced, high-deductible health plan with an available HSA

▪ Gold – a preferred provider organization (PPO) plan

▪ Platinum – a PPO plan with HMO type features and that may offer limited out-of-network benefits

If you elect a Bronze, Bronze Plus or Silver medical plan option, you will have access to a Health Savings

Account (HSA) through UMB Bank even after you retire. You can contribute directly to this account. See

the Health Savings Account (HSA) section for more information. Medical plan options differ if you reside in

Hawaii.

If you have coverage under Aetna, BlueCross BlueShield, Dean Care, Health Net or UPMC, your ID card(s)

will be cancelled when your active coverage ends. You will receive a new ID card(s) from the medical

insurance company for retiree non-Medicare medical coverage. If you have coverage under Cigna,

Geisinger, Group Health, Kaiser or United Healthcare, you may continue to use your current ID card(s).

Your year-to-date deductible and out-of-pocket accumulations will automatically carry over to your retiree

non-Medicare medical coverage for the same Plan Year, provided you remain with the same medical

insurance company. If you elect to change to a different medical insurance company upon your separation,

the accumulations will carry over for the same Plan Year as well; however, this will not happen

automatically. It is your responsibility to send your latest explanation of benefits (EOB) to the new insurance

company so the accumulations can be applied.

If you do not elect retiree medical coverage or you elect COBRA upon separation, you will have an

opportunity to enroll in the retiree non-Medicare medical coverage at a later date but only if you experience

a qualified change in status, or during Annual Enrollment, or after COBRA ends.

If you and/or any of your covered dependents become eligible for Medicare, you must notify the Aon HR

Service Center. Coverage through the Aon Active Health Exchange will end for you and/or your covered

dependents once eligible for Medicare. You and/or your dependent(s) will receive information from the Aon

Retiree Health Exchange about individual insurance plans that supplement Medicare benefits. See the

Retiree Health Coverage for Medicare-Eligible Colleagues and Dependents section for more information.

Dental Options

The retiree dental options are generally the same as those available for active colleagues, but some of the

retiree dental plan provisions differ from those of active colleagues:

▪ Bronze – a basic PPO plan that covers in- and out-of-network care but does not cover major services or orthodontia

▪ Silver – a buy-up to the basic PPO plan that covers in- and out-of-network care including coverage for major services and, for children up to age 19, orthodontia

▪ Gold – An enhanced PPO plan that covers in- and out-of-network care including coverage for major services and orthodontia for children and adults

▪ Platinum – A dental health maintenance organization (DHMO) plan that covers in-network care only, including orthodontia for children and adults (not available in North Dakota and some other limited areas)

If you do not elect retiree dental coverage or you elect COBRA upon separation, you will have an opportunity to enroll in the retiree non-Medicare dental coverage at a later date but only if you experience a qualified change in status, or during Annual Enrollment, or after COBRA ends.



Vision Options

The retiree vision options are generally the same as those available for active colleagues, based on the

region in which you live:

▪ Bronze - an exam-only option that provides discounts for certain materials

▪ Silver - a PPO plan that covers in- and out-of-network care

▪ Gold - an enhanced PPO plan that covers in- and out-of-network care

If you do not elect retiree vision coverage or you decide to continue vision coverage under COBRA, you

will have an opportunity to enroll in retiree vision coverage at a later date but only if you experience a

qualified change in status, or during Annual Enrollment, or after COBRA ends.

Retiree Health Coverage Subsidies

If you meet certain age and service requirements, your contribution towards retiree health coverage may

be subsidized. There are two subsidy structures: one for Aon colleagues who, by December 31, 2014, had

attained age 50 with at least 15 years of continuous service since their most recent hire date by Aon, and

one for legacy Hewitt Associates LLC colleagues who, by December 31, 2005, had at least 10 years of

continuous service. The subsidy structures are described in the Aon Benefit Plan summary plan

description.

If you are eligible for a subsidy, it will end when you decline coverage, reach age 65 (except for those

eligible for the Hewitt Program) or Aon decides to discontinue the program, whichever comes first. Retirees

who are eligible for the Hewitt Program will continue to receive a company subsidy after becoming eligible

for Medicare, but the subsidy amount will be reduced and converted to an HRA contribution.

If you are eligible to elect retiree health coverage but do not qualify for a subsidy, you will be required to

pay the entire premium for coverage.

Retiree Health Coverage for Medicare-Eligible Colleagues and Dependents

If you are age 65 or above, have at least 10 years of continuous service, and are enrolled in Aon health

coverage on the date your employment ends, you and/or your covered dependents will receive information

from the Aon Retiree Health Exchange. The Aon Retiree Health Exchange offers Medicare-eligible retirees

enrollment decision support and ongoing advocacy. As an independent insurance service provider, the Aon

Retiree Health Exchange has the freedom to offer plans from many of America’s leading insurance

companies, as well as impartial guidance and enrollment assistance.

All of these services are offered at no cost to you; you pay only for the Medicare insurance plan in which

you choose to enroll (coverage which, by law, cannot cost you more if you obtain it through our service).

Contact the Aon Retiree Health Exchange at 1-877-458-9655 or visit www.retiree.aon.com/aon.

If you or any of your covered dependents are eligible for Medicare and deferred Medicare Part B while

covered under your active colleague benefits, you must obtain the Request for Employment Information

form [CMS-L564], from the Centers for Medicare and Medicaid Services (CMS). Complete Part A of the

form and fax it to the Aon HR Service Center at 847-883-8283. Include your name, employee ID and

instructions for returning the form to you via U.S. mail and/or by fax on the fax cover page.



To help ensure a smooth transition to the Aon Retiree Health Exchange, contact the Aon HR Service Center

up to two months in advance to report your final date of employment.

Health Coverage in the Event of Severance-Eligible Separation

If your employment ends as a result of job elimination or another qualifying separation under the terms and

conditions of the Severance Plan, you are entitled a 90-day subsidy towards your medical, dental, vision

coverage which will match the subsidy provided to you for such coverage while you were an active

employee. To receive this subsidy, you will need to enroll in COBRA continuation coverage (or retiree

health coverage under the Aon Active Health Exchange, if you meet the eligibility requirements for such

coverage). To elect COBRA coverage, you must contact the Aon HR Service Center at 1-855-625-5500

or go to UPoint to enroll. After the 90-day period expires, you will pay the full cost of coverage (plus, if you

are enrolled in COBRA coverage, a two percent administrative fee). If you and/or any of your covered

dependents are eligible for Medicare, and you elect COBRA, the Aon medical plan options will pay benefits

as if you are enrolled in Medicare Parts A and B, regardless of whether you are actually enrolled or receive

Medicare benefits.

Health Insurance Marketplace Coverage

You may choose to obtain health coverage through the Health Insurance Marketplace, which offers health

plans through your state or the U.S. Department of Health and Human Services. Depending on your

household income, you may also be eligible for a tax credit and/or premium assistance to help reduce the

cost of health coverage obtained through the Marketplace. Aon does not provide a subsidy for insurance

purchased through the Marketplace.

If you are interested in Marketplace coverage, visit www.HealthCare.gov or contact the Help Center at 1-

800-318-2596 (TTY: 1-855-889-4325) to review the plans available in your state.

Health Savings Accounts (HSA)

If you are enrolled in a Bronze, Bronze Plus or Silver medical plan option and have a balance remaining in

your Health Savings Account (HSA), you may continue to use the HSA funds to pay for qualified health

care expenses. For a list of eligible expenses or to submit a request for self-reimbursement from your

account, visit UPoint at https://digital.alight.com/aon and click “Your Spending Account.” Or, call the Aon

HR Service Center to speak to a Your Spending Account (YSA)™ representative.

If you are under age 65 and enrolled in a Bronze, Bronze Plus or Silver medical plan option, you may

continue to use your YSA card to access your HSA funds. Once you turn 65, or your enrollment in the

Bronze, Bronze Plus or Silver medical plan ends, your existing YSA card will be cancelled on the 27th of

the following month. You will receive a welcome kit and new card from UMB Bank in the mail at home. You

may then begin using the UMB Bank card to access your HSA funds. If you incur any eligible out-of- pocket

expenses before your UMB Bank card arrives, you can pay with another method and file for self-

reimbursement on the UMB Bank website when the new card arrives. Information about how to access

your account online to file for reimbursement will be included in the welcome kit.

You may make contributions to your HSA only if you have no medical coverage other than through a

qualified high-deductible health plan. If you enroll in Medicare, you will no longer be eligible to contribute to

the HSA. However, you can use the HSA funds already in your account to pay for eligible out-of-pocket

expenses.

http://www.healthcare.gov/



If you wish to transfer your remaining balance to another HSA or if you have any questions, contact UMB

Bank at 1-866-520-4HSA(4472).

Employee Assistance Program (EAP)

You and your eligible dependents are automatically eligible for the Employee Assistance Program at no

cost for the period during which COBRA continuation is elected and allowed. Call the EAP at 1-800-510-

9351 or visit the EAP web site at www.liveandworkwell.com. The website access code is aon.

Life Insurance

Basic, supplemental, spousal, and child life insurance coverage end at 11:59 p.m. (in your home time zone)

on the last day of the month in which your employment ends (or the last day of month prior to your

separation, if your employment ends on the first of the month). You may be eligible to convert or elect

portability (port) coverage for the plans in which you are enrolled. The appropriate Notice of Conversion

and Portability information will be included in the confirmation of coverage mailed to your home or sent to

your secure mailbox (whichever is your preferred method of communication delivery on file). Please review

the documents in their entirety for details and restrictions.

If you elect to convert or port your coverage, your request must be submitted directly to The Hartford’s

administrator within 15 days of the date of the notice or within 31 days of your coverage separation date,

whichever is later. Check the status of your request by contacting The Hartford’s administrator directly at

1-877-320-0484.

Retiree Group Life Insurance

If you are age 50 or older with at least 15 years of continuous service at the time of your separation, you

are eligible for a $5,000 company-provided retiree group term life insurance benefit. Log on to UPoint or

contact the Aon HR Service Center to designate your beneficiary for this coverage.

Group Variable Universal Life (GVUL) Insurance

If you are enrolled in the MetLife Group Variable Universal Life (GVUL) Insurance Plan, contact MetLife at

1-800-756-0124 for additional information about continuing your coverage.

AD&D Insurance

Your accidental death & dismemberment coverage ends at 11:59 p.m. (in your home time zone) on the last

day of the month in which your employment ends (or the last day of month prior to your separation, if your

employment ends on the first of the month). You may be eligible to convert or port coverage. The

appropriate Notice of Conversion and Portability will be mailed to your home or sent to your secure mailbox

(whichever is your preferred method of communication delivery on file). Please review the documents in

their entirety for details and restrictions.

If you elect to convert or port your coverage, your request must be submitted directly to The Hartford’s

administrator within 15 days of the date of the notice or within 31 days of your coverage termination date,

whichever is later. Check the status of your request by contacting The Hartford’s administrator directly at

1-877-320-0484.

http://www.liveandworkwell.com/



Short-Term Disability Coverage

Short-Term Disability coverage ends at 11:59 p.m. (in your home time zone) on your last day of

employment. There is no conversion privilege for this benefit.

Long-Term Disability Coverage

Long-Term Disability coverage ends at 11:59 p.m. (in your home time zone) on the last day of the pay

period in which your employment ends (or the last day of the pay period prior to your separation, if your

employment ends on the first of the pay period). If you were enrolled, a Notice of Continuation Coverage

will be mailed to your home or sent to your secure mailbox (whichever is your preferred method of

communication delivery on file). You may be eligible to convert your long-term disability coverage to a group

disability conversion policy without evidence of insurability. Review the Notice of Continuation Coverage in

its entirety for details and restrictions.

If you elect to convert your coverage, your request must be submitted directly to The Hartford’s administrator

within 15 days of the date of the notice or within 31 days of your coverage termination date, whichever is

later. Check the status of your request by contacting The Hartford’s administrator directly at

1-877-320-0484. Long-term disability conversion is not available if you are retiring at or after normal

retirement age (age 65).

Voluntary Benefits

If you participate in and want to continue participating in any of the voluntary benefit programs listed below,

contact the applicable provider to make arrangements to continue the coverage. For more information about

voluntary benefits, call:

▪ Chubb Workplace Benefits (Accident Insurance): 1-866-445-8874

▪ Genworth (Long-Term Care): 1-800-416-3624

▪ Healthy Paws (Pet Insurance): 1-800-453-4054

▪ Hyatt Legal Services (Legal Services): 1-800-821-6400

▪ Info Armor (Identity Theft): 1-855-969-3373

▪ Liberty Mutual (Auto and Homeowners): 1-800-730-6975

▪ MetLife (Auto and Homeowners): 1-800-438-6381

▪ MetLife (Critical Illness): 1-800-438-6388

▪ MetLife (Long-Term Care – Legacy Aon): 1-800-438-6388

▪ Unum (Supplemental Disability Income Plan): 1-800-633-7490

Group Personal Umbrella Liability Insurance

If you are enrolled in the group personal umbrella (GPU) insurance program, your GPU coverage ends 60

days from the date your employment ends, or as of the expiration/anniversary date of the policy (whichever

comes first). If you are eligible for retiree health coverage, you will remain on the GPU program at the same

coverage level you had immediately preceding your last day of employment and you will be directly billed

for the cost of coverage. You may contact Chubb at 1-800-248-2208 for more information.



Flexible Spending Accounts and Commuter Benefits

Flexible Spending Accounts (FSAs)

Dependent Care FSA – You may use any remaining balance in your dependent care FSA (funds you have

contributed) for expenses you incur through the rest of the calendar year.

Health Care FSA – You may use any remaining balance in your health care FSA (funds you have

contributed) to pay for eligible health care expenses incurred on or before the date your employment ends.

However, you will no longer have access to your YSA debit card (if applicable), so you will have to submit

your claims manually, either online or using a paper claim form.

▪ To continue your health care FSA after your employment ends, you must elect COBRA continuation on an after-tax basis for the rest of the calendar year in which your employment ends and make the required payments to the health care FSA. Any remaining balance in your health care FSA at the end of the year in which your employment ends (and after processing all claims for the year) up to $500 will carry over to the next year. Your COBRA notification will include the opportunity to select COBRA for continued participation in the health care FSA.

▪ If you do not choose COBRA continuation for your health care FSA, claims will be considered eligible only if they were incurred during your active employment.

Log on to UPoint at https://digital.alight.com/aon and click “Your Spending Account” to view your account

information and/or submit requests for reimbursement. Or, call the Aon HR Service Center to speak to a

YSA representative.

Commuter Benefits

Your deductions and participation end as of the date your employment ends. However, you may continue

to file any requests for reimbursement for parking expenses incurred before your employment ended with

Your Spending Account (YSA), subject to the terms and conditions of the plan. Any funds remaining in your

transit or parking account after the applicable reimbursement period ends will be forfeited.

If you participate in mass transit and have a recurring order arrangement, it will be cancelled. Depending

on the timing of your separation, one final order under your recurring order arrangement may still be fulfilled

and deducted from your paycheck.

Log on to UPoint at https://digital.alight.com/aon and click “Your Spending Account” to view your account

information, file requests for reimbursement, or cancel recurring orders. Or, call the Aon HR Service Center

to speak to a YSA representative.

Retirement Plans

Aon Savings Plan

Following separation from Aon, you are generally able to request a rollover or distribution of your vested

Aon Savings Plan account balance after 31 days. You may also choose to leave your account balance in

the plan; however, balances of $5,000 or less will be automatically distributed, and mandatory distributions

will also commence once you attain age 70½.



If you have an outstanding plan loan(s) and choose to keep your funds in the Aon Savings plan, you may continue making monthly loan payments or repay your loan in full. To repay your loan(s) in full, you will need to send in a cashier’s check, certified check, or money order payable to the Aon Savings Plan. You may instead sign up for monthly direct debit from a checking or savings account as long as you have at least two months of repayments left on your loan. If you wish to make repayments through direct debit, you must ensure your first direct debit repayment is processed at least seven days prior to the date of loan foreclosure. To verify this date, refer to the Separation from Employment Notice you will receive via mail or contact the Aon HR Service Center. To sign up for monthly direct debit, access the UPoint® website. You may be able to roll over an outstanding loan to another qualified plan maintained by your new employer, if that plan allows such rollovers. New repayments based on the original terms would need to start before the loan defaults, becoming a taxable distribution to you. It would be necessary to coordinate with the respective plan recordkeepers, requirements, and deadlines to ensure a successful rollover.

Generally, the company’s Retirement Account Contribution to the Aon Savings Plan requires that you be

employed with the company as of the end of the calendar year; however, there are certain exceptions to

this requirement (including, for example, if you terminated mid-year due to circumstances that qualified you

to receive severance under the Aon Severance Plan). If you remain eligible to receive the Retirement

Account Contribution to your account for the year of your separation, it will be credited to your account at

the same time as it is credited for other active participants. If you have already requested a distribution of

your account balance before this additional contribution is funded, you will receive another distribution once

the retirement account contribution is allocated to your account.

For details about plan provisions and distribution requirements, please review the Aon Savings Plan

Summary Plan Description (available on UPoint). If you need tax assistance, please consult with your own

advisor.

For all other inquiries, including requesting a distribution, regarding the Aon Savings Plan and the Aon

supplemental plans, please review the Aon Savings Plan Summary Plan Description (available on UPoint)

or call the Aon HR Service Center at 1-855-625-5500 Monday through Friday, 8 a.m. to 4:30 p.m. Central

time, or log on to UPoint at https://digital.alight.com/aon.

Aon Pension Plan

If you are eligible to begin receiving a benefit from the Aon Pension Plan (which is a frozen plan) and would

like to start receiving your pension payments, you will need to request an Aon Pension Plan retirement

election kit by calling the Aon Pension Center at 1-844-259-4828 Monday through Friday between 9 a.m.

and 5 p.m. Central time, or in writing to the Aon Pension Plan at:

Aon Pension Center RFM Department 102121 PO Box 9619 The Woodlands, TX 77387

You must notify the Aon Pension Center at least 90 days, but no more than 180 days, prior to the date you wish to commence your benefits. You may also delay receiving your benefits until federal regulations require distributions to commence following your attainment of age 70½. For additional information, please review the Aon Pension Plan Summary Plan Description (available on UPoint) or contact the Aon Pension Center at 1-844-259-4828 Monday through Friday between 9 a.m. and 5 p.m. Central time.



Employee Stock Purchase Plan (ESPP)

Aon’s equity programs are administered by Fidelity. Be sure to update your personal contact information,

including email address, directly with Fidelity.

If your employment or continuous service terminates for any reason and you are enrolled in an offering

period under the ESPP at that time, your contributions to the ESPP for that offering period will be treated

as follows

• If your separation occurs during the first three months of the offering period, your accumulated

contributions will be refunded to you and no shares will be purchased for that offering period.

• If your separation occurs during the fourth or fifth month of the offering period, your accumulated

contributions will be used to purchase shares at the end of the offering period, unless you request

a refund.

• If your separation occurs during the sixth month of the offering period, your accumulated

contributions will be used to purchase shares at the end of the offering period. You may not request

a refund of your contributions.

If you have any questions about the Employee Stock Purchase Plan, contact Fidelity directly at

1-800-544-9354 or visit Fidelity’s website at www.netbenefits.fidelity.com.

Equity Awards

Aon’s equity programs are administered by Fidelity. Be sure to update your personal contact information,

including email address, directly with Fidelity.

Outstanding awards of restricted stock units under the Incentive Stock Program, the Special Stock Program,

and the Leadership Performance Program will be processed in accordance with the separation provisions

contained in your award agreement(s). These agreements are available via your Fidelity account,

www.netbenefits.com. In your account select the Plan, then Summary; award agreements are available for

each Grant. If you have other types of equity awards (such as stock options), please ensure you review

those award documents as well.

If any of your awards are eligible for continued vesting following your separation, you will be required to

comply with UK legislative requirements for all stock awards, including a $0.01 per share "nominal value"

payment to the company upon vesting as required under UK laws. In situations where this nominal value

payment cannot be affected through payroll, you will be required to pay Aon the nominal value by direct

payment.

For questions regarding separation treatment of unvested awards, please contact Aon Stock Administration

at 1-855-215-8026 or [email protected]. If you have any questions about your brokerage

holdings or your Fidelity account, contact Fidelity directly at 1-800-544-9354 or visit Fidelity’s website at

www.netbenefits.fidelity.com.

Additional Information

All provisions listed in this document apply only if you are a participant in the applicable plan at the time of

your separation.

mailto:[email protected]

http://www.netbenefits.fidelity.com/



Aon Corporation reserves the right to amend, change or terminate the plans at any time and to introduce

or increase colleague and retiree contributions for the cost of healthcare or other insurance coverage.

If you have any other questions about your pay or benefits when you leave Aon, please contact the Aon

HR Service Center at 1-855-625-5500, Monday through Friday, 8 a.m. to 4:30 p.m. Central time.

Your Spending Account is a trademark of Alight Solutions LLC

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