Federal Employees Group Life Insurance (FEGLI) for Retirees and Families: What You Need to Know

What Is FEGLI?

FEGLI, the Federal Employees Group Life Insurance program, is a voluntary, group life insurance plan offered to federal employees. It provides a death benefit to the beneficiary of the insured employee, with optional riders for additional coverage.

Coverage After Retirement

Eligibility

Retired federal employees can continue FEGLI coverage if they meet certain conditions:

• They must have been employed by a federal agency for at least 12 months.
• They must have been eligible for FEGLI before retirement.
• They must pay the required premiums during the retirement period.

Premiums for Retirees

Premiums are based on the employee's age at the time of retirement and the level of coverage. For example, a 65‑year‑old retiree paying for a $100,000 basic plan might pay roughly $1,200 annually, though exact amounts vary by agency and individual circumstances.

Benefits for Families

Death Benefit

If a retiree dies, the beneficiary receives a lump‑sum payment equal to the selected coverage amount, which can help cover funeral costs, debt, or living expenses.

Riders and Supplemental Options

Retirees may add riders such as:

• Accelerated death benefit – allows partial withdrawal if terminally ill.
• Child rider – provides coverage for minor children.
• Survivor benefit – continues payments to a spouse if the retiree passes away.

How to Continue Coverage

Enrollment Process

Retired employees must submit a written request to their agency's HR office and pay the applicable premium within the specified enrollment window (usually the first 30 days of the retirement year).

Premium Payment Options

Premiums can be paid via:

• Direct debit from a bank account.
• Credit card payment through the agency's payroll portal.

Key Differences from Pre‑Retirement Coverage

Common Misconceptions

• Retirees cannot opt out of FEGLI; they can only discontinue coverage by stopping premium payments.
• Coverage does not automatically end at retirement; it continues until the retiree or beneficiary elects to terminate.

Resources for Further Guidance

• Federal Register – FEGLI policy updates
• Office of Personnel Management (OPM)