FORM OF EXPENSE LIMITATION AGREEMENT

Exhibit (h)(48)

FORM OF

EXPENSE LIMITATION AGREEMENT

This EXPENSE LIMITATION AGREEMENT (the “Agreement”) is between MML Investment Advisers, LLC, a Delaware limited liability company (the “Manager”), and MassMutual Premier Funds, a Massachusetts business trust (the “Trust”), effective as of the 1^st day of February, 2023.

WHEREAS, the Trust is an open-end management investment company registered as such with the Securities and Exchange Commission (the “SEC”) pursuant to the Investment Company Act of 1940, as amended;

WHEREAS, MassMutual International Equity Fund, MassMutual Short-Duration Bond Fund, and MassMutual Strategic Emerging Markets Fund (the “Funds”) are each a series of the Trust;

WHEREAS, the Manager is an investment adviser registered with the SEC as such under the Investment Advisers Act of 1940, as amended; and

WHEREAS, the Trust has appointed the Manager as its investment manager for the Funds and the Manager has agreed to act in such capacity upon the terms set forth in the relevant Investment Management Agreements;

NOW THEREFORE, the Trust and the Manager hereby agree as follows and this agreement can only be terminated by mutual consent of the Board of Trustees of the Trust on behalf of a Fund and the Manager:

(i) The Manager agrees to waive 0.05% of the management fees of the MassMutual International Equity Fund through January 31, 2024.

(ii) The Manager agrees to cap the fees and expenses of each Fund (other than extraordinary legal and other expenses, Acquired Fund Fees and Expenses, interest expense, expenses related to borrowings, securities lending, leverage, taxes, and brokerage, short sale dividend and loan expense, or other non-recurring or unusual expenses such as organizational expenses and shareholder meeting expenses, as applicable) through January 31, 2024 at the following amounts:

MassMutual Short-Duration Bond Fund

		Expense Cap
Class I shares			0.40	%
Class Y shares			0.40	%
Class L shares			0.65	%
Class C shares			0.90	%

MassMutual Strategic Emerging Markets Fund

		Expense Cap
Class I shares			1.15	%
Class R5 shares			1.25	%
Service Class shares			1.35	%
Administrative Class shares			1.45	%
Class R4 shares			1.60	%
Class A shares			1.70	%
Class R3 shares			1.85	%
Class Y shares			1.25	%

IN WITNESS WHEREOF, the Trust and the Manager have caused this Agreement to be executed on the 31^st day of January, 2023.

MML INVESTMENT ADVISERS, LLC

By:

Xxxxxxx Xxxxxx, Vice President

MASSMUTUAL PREMIER FUNDS
on behalf of each of the Funds

By:

Xxxxx Xxxxxxxxx, CFO and Treasurer