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                                                                    Exhibit 10.2

                    MetLife Deferred Compensation Plan 2000




                                  For Officers



                                 [MetLife Logo]
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     DEFERRED COMPENSATION
     PLAN FOR OFFICERS


     The MetLife Deferred Compensation Plan for Officers provides you with the
     opportunity to defer receipt of a portion of your annual incentive payment
     to a later date, reducing gross income in the year of the deferral for
     purposes of federal and most state income taxes. The Deferred Compensation
     Plan is administered by a Plan Committee composed of the Senior Vice
     President of Human Resources, the Senior Vice President of Tax and the Vice
     President of Employee Benefits. This booklet will serve as the plan
     document.

     QUESTIONS?

     METLIFE SPECIALIZED BENEFIT RESOURCES

     PAULINE KING

     PHONE: (732) 602-4733

     FAX: (732) 602-6455

     E-MAIL: pking1@metlife.com




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ELIGIBILITY

Officers of MetLife and designated subsidiaries (other than those Officers who
are eligible to participate in the "Deferred Compensation Plan for Senior
Officers") are eligible to participate in the Deferred Compensation Plan for
Officers. Officers appointed during a Plan year will be eligible to participate
for the next Plan year.

ELIGIBLE COMPENSATION

You may defer any or all of your annual incentive payment payable under any
annual incentive programs subject to an overall limit of 33% of total Annual
Cash Compensation.* MetLife reserves the right to limit or discontinue
acceptance of contributions to this Plan at any time if necessary or desirable
in MetLife's discretion to maintain compliance with any applicable law or to
preserve MetLife's ability to offer this Plan without registration of the Plan
as a security with the United States Securities and Exchange Commission. The
deferral of any incentive payment may be expressed as a percentage or dollar
amount. The minimum amount that may be deferred is 5% but not less than $5,000.

FICA, Medicare, and any other taxes which are due in the year deferred amounts
would have otherwise been payable will be paid from your other compensation.

*Annual incentive programs include the Annual Variable Incentive Plan,
Corporate Investments Incentive Plan, Real Estate Investments Incentive Plan,
Agricultural Investment Plan, Individual Regional Executive Plan and
Institutional Regional Executive Plan. Payments from the Long Term Performance
Compensation Plan are not deferrable.






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MAKING A
DEFERRAL ELECTION


To designate a deferral, a Deferral Election Form must be completed and
submitted by the due date on the election form, indicating the deferred amounts.
This due date will be prior to the year in which the deferred amounts would have
been otherwise paid.

In addition to indicating the amount to be deferred, you must also decide:

* The investment option -- Deferred amounts will not be actually invested in the
funds selected, but earnings (gains or losses) will be credited to participant's
accounts in accordance with the performance of the fund selected. Investment
choices may be changed up to six times per year, according to the instructions
on page 4.


* The distribution date -- This cannot be less than three years after the year
of deferral. Once you have designated a distribution date, this decision cannot
be change, except as otherwise provided in the Plan.


* The distribution method or how the deferred amount is to be paid -- Payment
may be in a single lump sum, or over five, ten or fifteen years in annual
installments. Once you have designated a distribution method, this decision
cannot be changed, except as otherwise provided in the Plan.




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DEFERRED COMPENSATION
ACCOUNTS



An account will be established for each participant in the Deferred
Compensation Plan. These accounts are unfunded, meaning any amounts credited to
the accounts will be solely for record-keeping purposes and will not be
considered to be held in trust or in escrow or in any way vested to the
participant.


The maintenance of such account will not give you any right or security
interest in any asset of MetLife. All amounts in such account remain subject to
the claims of the general creditors of MetLife.

The amount deferred will be credited to the deferral account at the end of each
payroll period in which the funds would otherwise have been paid. The amounts
deferred will accrue earnings based on the performance of the particular
investment vehicle(s) of your choice.

PARTICIPANTS MAY CHOOSE AMONG THE FOLLOWING INVESTMENT FUND OPTIONS:
--------------------------------------------------------------------

-   MetLife SIP Fixed Income Fund

-   Loomis Sayles Bond Fund

-   MetLife SIP Common Stock Index Fund

-   Oakmark Fund

-   MetLife SIP Small Company Stock Fund

-   Oakmark International Portfolio

See page 5 for information about the investment options including investment
objectives.

Investment choices may be changed by the participant up to six times each year,
by contacting Pauline King of MetLife Specialized Benefit Resources at
(732)602-4733. The changes will be made as of the business day your written
request is received, if received before 4 p.m. ET or as of the next business
day, if received after 4 p.m. ET. You will receive a confirmation letter within
two weeks.


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                                FUND OBJECTIVES

Following are brief descriptions of the investment objectives of each of the
funds:

1.   METLIFE SIP FIXED INCOME FUND

     This portfolio seeks to achieve the highest possible current income
     consistent with the preservation of capital and predictable growth through
     a guaranteed interest rate by investing in Guaranteed Investment Contracts
     or similar contracts.

2.   LOOMIS SAYLES BOND FUND

     This portfolio seeks to achieve high total return through current income
     and capital appreciation, by investing primarily in debt securities
     including convertibles. At least 65% of its total assets will normally be
     invested in bonds. Up to 35% of its assets may be invested in securities of
     below investment-grade quality, and up to 20% of assets may be invested in
     preferred stocks.

3.   METLIFE SIP COMMON STOCK INDEX FUND

     This portfolio seeks long-term growth of capital and income, with minimal
     transaction costs. The portfolio seeks to approximate the performance of
     the Standard & Poor's 500 Composite Stock Price Index by investing in the
     stocks of companies which are included in the index.

4.   OAKMARK FUND

     This portfolio seeks to achieve high total return through long-term growth
     of capital appreciation by investing primarily in equity securities. Up to
     25% of its total assets may be invested in securities of non-U.S. issuers,
     but no more than 5% of assets are expected to be invested in emerging
     markets.

5.   METLIFE SIP SMALL COMPANY STOCK FUND

     This portfolio seeks to achieve high total return through long-term growth
     of capital appreciation by investing in the stocks of small U.S. companies
     with strong growth potential.

6.   OAKMARK INTERNATIONAL PORTFOLIO

     This portfolio seeks to achieve high total return through long-term growth
     of capital appreciation by investing in the stocks of international equity
     securities of mature markets, less developed markets, and in selected
     emerging markets. There are no limits on the geographic asset distribution.
     At least 65% of its total assets will normally be invested in non-U.S.
     issuers.

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DISTRIBUTIONS

PAYMENT DESIGNATION

Payment will begin in January or July coincident with or next following the
date specified at the time of your election. The form of payment will be made
according to the option elected for each year's deferred funds. Regardless of
the option elected, payment will be made in a single lump sum if employment
terminates prior to retirement eligibility under the MetLife Retirement Plan or
upon your death. No loans can be taken.

Payments are subject to such deductions as may be required in accordance with
all federal, state, and local tax laws and regulations.

In the event that you die while annual installments are in progress, the
balance of your Deferred Compensation Account will immediately become due and
payable in one lump sum to your designated beneficiary.

HARDSHIP EXCEPTIONS

In the case of extreme hardship, contributions to the Plan may be discontinued
and/or payments may be made from your account at the discretion of the Plan
Committee. If contributions are to be discontinued or payment made, the amount
involved cannot exceed the funds required to satisfy the financial consequences
of the hardship.

Extreme hardship includes any unforeseeable or extraordinary occurrence or
event caused by an event beyond the control of the participant or beneficiary,
such as illness, disability, accident, or family problems resulting in a
participant's financial need that cannot be met from other assets or normal
sources of income.

ACCELERATED DISTRIBUTION EXCEPTIONS

You may elect to receive an immediate lump sum distribution without a hardship,
but you must withdraw the full account balance for all years in which you made
deferrals under the Plan and there will be a 10% penalty forfeited to the
Company. In addition, funds received pursuant to such distribution will be
deemed to be taxable income. Future deferrals under the Plan will not be
permitted until the Plan year commencing at least three years after the date of
the distribution.

6.



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NONASSIGNABILITY AND
BENEFICIARY DESIGNATIONS

NONASSIGNABILITY

Neither the participant nor any designated beneficiary shall have any right to
sell, assign, transfer or commute any rights under this Plan.

BENEFICIARY DESIGNATIONS

You may designate an individual, a trustee or your estate as beneficiary and
you may change your beneficiary at any time. A beneficiary designation will be
valid as of the date the written request is received. If there is no valid
beneficiary designation, or if no designated beneficiary survives the
participant, the account balance at your death shall be paid as soon as
practicable to your surviving spouse, and in the event you are not married at
death, to your estate.

NOTE: MetLife may terminate or amend the Plan at any time, provided, however,
that no such amendment or termination shall impair any rights which have
accrued under the Plan.




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                  QUESTIONS AND
                  ANSWERS

                  WHAT ARE THE DIFFERENCES BETWEEN THE DEFERRED COMPENSATION
                  PLAN (DCP) AND A 401(k) PLAN SUCH AS THE SAVINGS AND
                  INVESTMENT PLAN (SIP)?

                  A 401(k) plan is a "qualified plan" -- this means that it is
                  qualified under the Internal Revenue Code. Under a 401(k)
                  plan, participants can defer income, subject to certain
                  limits. The chief limitations of 401(k) plans are the various
                  Internal Revenue Code-imposed caps on the amount that can be
                  deferred.

                  The chief advantages of the DCP are the substantially greater
                  deferral opportunities it can offer. The chief disadvantage is
                  that it does not offer the security of a qualified plan which
                  is afforded full ERISA protection.

                  Participation in the DCP does not affect your ability to
                  participate in SIP. If eligible, you can participate in
                  either or both plans.

                  I AM CONSIDERING DEFERRING $10,000 UNDER THE DEFERRED
                  COMPENSATION PLAN FOR OFFICERS. WHAT ARE THE ADVANTAGES OF
                  THIS DEFERRAL VERSUS AFTER-TAX INVESTMENT?

                  Assume you defer $10,000 in 2000, requesting a distribution
                  in 2005, combined federal and state income tax rates remain
                  level at 45% and the value of the deferral increases at 10%
                  per year. (For the purpose of this example, the 1.45%
                  Medicare tax withholding is ignored.)

                   <TABLE>
                   <CAPTION>
                                                DEFERRED COMPENSATION PLAN      AFTER-TAX INVESTMENT
                                                --------------------------   ---------------------------
                   YEAR                          VALUE   TAXES   NET VALUE     VALUE   TAXES   NET VALUE
                   ----                         -------  ------  ---------   --------  ------  ---------
                   <S>                          <C>      <C>      <C>         <C>      <C>      <C>
                   2000 (Year of Deferral)      $10,000  $    0   $10,000     $10,000  $4,500   $5,500

                   2001                         $11,000  $    0   $11,000     $ 6,050  $    0   $6,050

                   2002                         $12,100  $    0   $12,100     $ 6,655  $    0   $6,655

                   2003                         $13,310  $    0   $13,310     $ 7,321  $    0   $7,321

                   2004                         $14,641  $    0   $14,641     $ 8,053  $    0   $8,053

                   2005 (Year of Distribution)  $16,105  $7,247   $ 8,858     $ 8,858  $1,511*  $7,347
                   </TABLE>

                  Tax rates may vary and are subject to change. MetLife
                  recommends that you speak to your tax advisor before making
                  an election under this Plan.
                  * Assumes investment in a deferred annuity with no penalty at
                    withdrawal.

                  WHY DO I HAVE TO MAKE A DEFERRAL ELECTION BEFORE I KNOW WHAT
                  I WILL BE PAID?

                  The Internal Revenue Service ("IRS") requires that an
                  irrevocable election to defer income be made before the income
                  is actually earned. Since your election will remain in effect
                  for an entire plan year, you may want to be conservative in
                  your deferral amount.

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WHAT WOULD HAPPEN TO MY DEFERRALS IN THE EVENT METLIFE BECOMES INSOLVENT?

In the unlikely event of MetLife's insolvency, Plan participants would be
viewed as general creditors and their claims for their deferrals would be
treated in the manner and sequence stipulated by New York State Insurance Law.

WHEN AM I TAXED ON DEFERRED COMPENSATION OR EARNINGS THEREON?

Under current law, for federal (and most state) income tax purposes you will
not be taxed until you actually receive this money. Some states and localities
do not exclude deferred compensation from current taxation (check with your tax
advisor to find out if this is the case in your state). Note, however, that
your deferrals are subject to current Social Security (FICA) taxes.

ARE DISTRIBUTIONS ELIGIBLE TO BE ROLLED OVER INTO AN IRA?

No. Because this is not a tax-qualified plan under the Internal Revenue Code,
you cannot roll your distributions over into an IRA or to another employer's
qualified plan when you leave MetLife. When electing a Plan distribution, we
encourage you to seek professional tax advice to determine the best course of
action for your financial circumstances.

WILL PAYMENT TO MY BENEFICIARIES BE INCLUDED IN MY GROSS ESTATE FOR FEDERAL
ESTATE TAX PURPOSES?

Yes. The present value of your deferral accounts at the time of your death will
be included. If, however, your beneficiary is your spouse and the payments
qualify for the estate tax marital deduction, in effect these amounts will not
give rise to federal estate taxes.

IS MY DEFERRAL INCLUDED IN THE SOCIAL SECURITY WAGE BASE?

Yes. Deferrals are subject to withholding for Social Security (FICA) taxes in
the year of the deferral until the annual taxable wage base under the Social
Security provision is reached. There is no maximum annual taxable wage base for
the hospital insurance tax provision of FICA (the "Medicare tax"). Required
withholdings for FICA shall be made from your other compensation.

WILL I PAY SOCIAL SECURITY TAXES WHEN I TAKE MY DISTRIBUTION?

No. Because Social Security taxes were taken into account at the time the
deferrals were made, you owe no additional Social Security taxes when
distributions are made. Distributions of deferred amounts will not affect
receipt of Social Security benefits.


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HOW WILL MY DEFERRALS AFFECT MY OTHER BENEFITS?

LIFE INSURANCE FOR YOU, SURVIVOR BENEFIT, SHORT TERM DISABILITY AND LONG TERM
DISABILITY

Your pay used to calculate benefits for these Plans will be calculated based on
pre-deferral amounts.

COMPENSATION CONTINUANCE PLAN

Deferrals will continue to be taken from your pay during periods of short
illness absence in which you are paid under the Company's Compensation
Continuance Plan.

RETIREMENT PLAN

Your final average pay will be based on annual base compensation and incentive
payments, not receipts. That is, calculation will be based on the pre-deferral
amounts.

SAVINGS AND INVESTMENT PLAN (SIP)

If you are participating in the Savings and Investment Plan (SIP), the
Company's 4% match will be allocated as follows:

<TABLE>
<CAPTION>
==================================================================================================
COMPENSATION                  SIP (QUALIFIED PLAN)    AUXILIARY SIP    AUXILIARY SIP FOR DEFERRALS
==================================================================================================
<S>                                  <C>                   <C>                   <C>
NON-DEFERRED COMPENSATION:
UP TO $170,000*                       X

NON-DEFERRED COMPENSATION
IN EXCESS OF $170,000*                                      X

DEFERRED
COMPENSATION                                                                       X

---------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
FOR EXAMPLE:
<S>                                  <C>
Annual Cash Compensation              $300,000
Amount of Deferral                    $ 60,000
----------------------------------------------
Non-Deferred Compensation             $240,000
</TABLE>

The 4% SIP match would be allocated to the participant's accounts as follows:

<TABLE>
<CAPTION>
=======================================================================================================
COMPENSATION                 SIP (QUALIFIED PLAN)     AUXILIARY SIP      AUXILIARY SIP FOR DEFERRALS
<S>                          <C>                <C>                              <C>
NON-DEFERRED COMPENSATION:        $6,800
UP TO $170,000*               4% of $170,000

NON-DEFERRED COMPENSATION                                $2,800
IN EXCESS OF $170,000*                           4% of ($240,000-$170,000)

DEFERRED                                                                              $2,400
COMPENSATION                                                                      4% of $60,000
-------------------------------------------------------------------------------------------------------
</TABLE>

*Maximum compensation limit under the Internal Revenue Code (IRC) for Qualified
plans, indexed from time to time, is currently $170,000. Note that the Company
matching contribution for Auxiliary SIP is subject to FICA tax as well.



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HOW ARE PLAN PAYMENTS TO ME OR MY BENEFICIARIES TREATED FOR INCOME TAX PURPOSES?

For federal tax purposes, generally, payments are taxed as ordinary income when
received and are subject to income tax withholding at the rate applicable in the
year received. For deferrals that are excluded from state and local taxable
income at the time the deferrals are made, payments are taxed as ordinary income
when received.

For deferral payments made while you are an active employee, MetLife uses a
flat income tax withholding rate.

HOW DOES METLIFE FUND THE DEFERRED COMPENSATION ACCOUNTS?

The deferred compensation accounts established for each participant are
unfunded. The accounts established are solely for record-keeping purposes.
MetLife has established a Rabbi Trust for the Plan, but the existence of this
trust in no way guarantees payment to the participant.

Deferred amounts remain subject to claims of the Company's general creditors.


HOW WILL EARNINGS BE CREDITED TO MY ACCOUNT?

The investment options you select are used solely as a device for crediting
investment returns to your account; your deferrals will not actually be invested
in the investment options. Your investment returns will "mirror" the actual
performance of the investment options you choose and performance will be
measured on a daily basis. Your deferrals are subject to investment risk. As
with any investment, if the returns on the funds you choose are positive, your
account balance will grow. If the returns are negative, your account balance
will diminish.


CAN I HAVE MY DEFERRALS UNDER EXISTING INDIVIDUAL DEFERRED COMPENSATION
AGREEMENTS WITH METLIFE CREDITED WITH THE INVESTMENT PERFORMANCE OF THE FUNDS
OFFERED IN THE DEFERRED COMPENSATION PLAN FOR OFFICERS?

If you want to have some or all of your existing individual deferrals credited
with the investment performance of the funds offered in the Deferred
Compensation Plan for Officers, you must contact Pauline King of MetLife's
Specialized Benefit Resources at (732) 602-4733 to obtain an Investment
Preference Form. The changes will be made as of the business day your written
request is received, if received before 4p.m. ET or as of the next business day
if received after 4p.m. ET. You will receive a confirmation letter within two
weeks.


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                                    METLIFE

                      METROPOLITAN LIFE INSURANCE COMPANY
                  ONE MADISON AVENUE, NEW YORK, NEW YORK 10010