FEGLI premium changes have been announced. These changes will be effective the first pay period beginning on or after October 1, 2021
For more information, please visit the Life Insurance page.
With this online calculator you can rapidly and conveniently:
- Determine the face value of various combinations of FEGLI coverage.
- Calculate the premiums for the various combinations of coverage, and see how choosing different Options can change the amount of life insurance and the premiums.
- See how the life insurance carried into retirement will change over time.
Instructions
Enter the information below and click on the Calculate button to get a report on those choices. You may want to look at your paystub or the FEGLI code on a Notification of Personnel Action (SF 50) and model the actual FEGLI coverage you currently have. You can then change your choices to see what difference the change(s) would make on the coverage and premiums. You will also be able to make a second calculation to see what would happen to this insurance coverage following retirement.
