As part of the merger agreement between Travelers Property Casualty and Aetna Casualty & Surety, the Plan provides a supplemental Company Contribution to certain former Aetna employees. You are eligible for this supplemental contribution if you:

As soon as administratively possible following the end of the calendar year, the Company will contribute an amount determined under a point formula to the Company Contribution Account of each eligible former Aetna employee. The points that a former Aetna employee is entitled to are as follows:

The value of an allocation point equals the quotient of $4 million divided by the sum of all allocation points for all transferred employees. Points were calculated and fixed as of April 2, 1996, according to the table above. As the total number of points assigned to Aetna participants declines as a result of their terminations of employment (due to resignation, retirement, death, or otherwise), the total amount to be allocated in each Plan year will be reduced by the value of the terminated Aetna participants' point values.

If eligible, your contribution amount is fixed for each year during which you remain actively employed. In the year you terminate employment, retire, become disabled, or die, the contribution will be pro-rated to reflect the number of full months worked.

If you terminate employment voluntarily and then return to active service, you are no longer eligible for any future Aetna Supplemental Company Contributions. If you terminate involuntarily, then subsequently return to active service, the rights to all future Aetna Supplemental Company Contributions will be reinstated, as long as you qualify under the Plan's break-in-service rules.

The Plan provides for a one-time employer contribution to the accounts of certain former employees of Shearson Lehman who (a) transferred to Smith Barney, Harris Upham & Company, Inc. as of August 1, 1993 or within one year of that date, (b) are continuously employed by a Company employer through either (i) the date they attain age 65 or (ii) the date they transferred to the joint venture pursuant to the Joint Venture Contribution and Formation Agreement between Morgan Stanley and the Company, dated January 13, 2009, and (c) were eligible participants in the Citigroup Pension Plan on December 31, 2007, whose benefit accruals under that Plan ceased on that date. The contribution generally is calculated to reflect the difference between the benefit, projected to age 65, under the Shearson pension plan formula and the projected benefit under the cash balance benefit in the Citigroup Pension Plan assuming the 2008 retirement plan redesign had not occurred.

If you were eligible, the Company added a one-time contribution to your One-Time Shearson Transition Account in an amount equal to the present value of this difference, as determined in accordance with Plan terms. Employees who transferred to Morgan Stanley Smith Barney in the Morgan Stanley joint venture described above, would have been eligible for a one-time contribution only if they had timely executed a general release provided by the Company. Such contribution would have been determined and discounted as of the date of the transfer to the joint venture. Due to limits imposed by the Code on total Plan contributions, it may have been necessary for some or all of this contribution to be made into a nonqualified retirement plan maintained by the Company for employees eligible for this contribution.

Participants who became eligible for a One-Time Shearson Transition Contribution were notified in 2007. To find out if you were eligible for a One-Time Shearson Transition Contribution and the amount you were eligible to receive or were paid, contact the Plan as instructed under "How to Contact the Plan."