FEDERAL EMPLOYEES’ GROUP LIFE INSURANCE (FEGLI)
OPEN SEASON OPPORTUNITY IS NOW OPEN!
The Federal Employees’ Group Life Insurance (FEGLI) 2016 Open Season starts September 1 and runs through September 30, 2016. Provided you are eligible for this benefit, the Open Season affords you the opportunity to either enroll in FEGLI life insurance or increase your coverage up to the program maximum without having a qualifying life event, answering medical questions, or having a physical exam.
Please note that your Open Season election will not be effective until October 1, 2017. If you are not in pay and duty status on this date, your election will be effective upon your return to pay and duty status. You will not pay premiums for your new coverage until it is effective. Keep this effective date in mind if you are considering retirement before October 2022. To be eligible to continue your level of coverage into retirement, you must hold it continuously for at least 5 years immediately prior to your retirement.
If you are not certain what your current level of FEGLI coverage is, you can check your most recent SF 50 Notification of Personnel Action form found in your electronic Official Personnel File. In Block 27 of the form, there is a 2-character code that represents your current FEGLI coverage and a definition of the code. For example, if Block 27 shows "C0-Basic only", that means you have Basic life only with no optional coverage. You can visit OPM's web site to determine the face value of your insurance and find information on FEGLI premiums.
If you wish to make an Open Season election, complete the SF-2817 Life Insurance Election Form (PDF) and submit the first page of the form between September 1 and September 30, 2016, to the Benefits Team either by email to your Benefits Specialist (PDF), by fax to 612-336-3545, or by regular mail to:
APHIS MRPBS HR Benefits – FEGLI Open Season
5 th Floor, Butler Square Building
100 North Sixth Street
Minneapolis MN 55403-1588
Visit OPM's web site for more information on Open Season elections.
FEGLI Myth Busters
OPM has put together three FEGLI myth busting videos for employees. These videos can be found at the links below:
(For employees of USDA Marketing and Regulatory Programs and the Merit Systems Protection Board)