Program Information
FEGLI Premium Overview
The FEGLI Basic insurance premium is a level rate per one thousand dollars of coverage. The level premium feature means the enrollee premium rates are equal for the duration of the coverage period. The rate for an individual enrollee does not change as the enrollee ages (although the rate structure for all enrollees is subject to periodic adjustments based on claims experience). This means a younger employee pays the same cost for Basic coverage as a 64-year-old retiree. For example:
AGE | Same Basic Biweekly Cost (per $1000 of coverage) |
Same Basic Monthly Cost (per $1000 of coverage) |
---|---|---|
25-year-old active employee | $0.1600 | $0.3467 |
64-year-old retiree |
This feature balances the premium over time, making the enrollee cost more predictable. The enrollee pays an average cost over the term of their coverage.
As required by law, Basic insurance coverage uses a composite premium structure. This means the Basic premium rate is the same for each enrollee in the group policy, regardless of age or health status. As such, younger employees may pay a comparatively higher premium than they would with coverage based, in part, on age (like Optional insurance) or with a commercial individually underwritten policy. Younger employees are covered by an additional Basic insurance provision called the Extra Benefit, however, which doubles the amount of Basic insurance payable at no extra cost for enrollees age 35 or younger. Beginning on an enrollee's 36th birthday, the Extra Benefit decreases 10% each year until age 45, after which, there is no Extra Benefit. So, for a 40-year-old employee, (i.e., 5 years younger than age 45) the benefit increases 10% for each year under age 45. In this example, the Extra Benefit would increase the Basic Insurance Amount (BIA) of $48,000 by an additional 50%.
Enrollee | Basic Insurance Amount | Age | Coverage |
---|---|---|---|
Joe | $48,000 | 40 | $72,000 ($48,000 + $24,000) |
Sara | 52 | $48,000 |
Unlike many other employer-sponsored life insurance programs, FEGLI coverage can be continued into retirement. The FEGLI retirement benefit is prefunded by premium costs so that after age 65 (or at retirement, if later) some coverage can be continued by retirees at no cost. The cost of this post-65 benefit is included in the FEGLI Basic level premium. The net effect of the level premium and post-65 benefit is that younger enrollees' premiums cover the cost of coverage they currently have, and also pre-funds a portion of the costs related to coverage they will have later in their careers and in retirement. Since the Government contributes a share of the Basic premium, the employee share remains relatively competitive with the cost of private term insurance.
Premiums for Annuitants
These rates were effective on the first pay period that started on or after October 1, 2021. For earlier rates see our rates history pages.
- Rates for Basic Life Insurance
- Rates for Option A - Standard
- Rates for Option B - Additional
- Rates for Option C - Family
Time | 75% Reduction | 50% Reduction | No Reduction |
---|---|---|---|
Until the Month after your 65th Birthday | $0.3467 monthly | $1.0967 monthly | $2.5967 monthly |
Starting the Month after your 65th Birthday | Free | $0.75 monthly* | $2.25 monthly* |
* You will continue to pay premiums for life (unless you cancel or subsequently elect 75% Reduction).
Rates May Change in the Future
Age Group | Rate |
---|---|
Under 35 | $0.43 |
35–39 | $0.43 |
40–44 | $0.65 |
45–49 | $1.30 |
50–54 | $2.17 |
55–59 | $3.90 |
60–64 | $13.00 |
65+ | Free |
Rates May Change in the Future
Age Group | Monthly, per $1000 of coverage |
---|---|
Under 35 | $0.043 |
35–39 | $0.043 |
40–44 | $0.065 |
45–49 | $0.130 |
50–54 | $0.217 |
55–59 | $0.390 |
60–64 | $0.867 |
65 and over | Free* (But See Below) |
* For eligible annuitants who elected No Reduction for Option B, coverage is NOT free for age 65+. These annuitants must continue to pay premiums as shown below for No Reduction Option B coverage.
Age Group | Monthly, per $1000 of coverage |
---|---|
65–69 | $1.040 |
70–74 | $1.863 |
75–79 | $3.900 |
80 and over | $6.240 |
Rates may change in the future.
Annuitant's Age Group | Monthly, per multiple |
---|---|
Under 35 | $0.43 |
35–39 | $0.52 |
40–44 | $0.80 |
45–49 | $1.15 |
50–54 | $1.80 |
55–59 | $2.88 |
60–64 | $5.27 |
65+ | Free* (But See Below) |
* For eligible annuitants who elected No Reduction for Option C, coverage is NOT free for age 65+. These annuitants must continue to pay premiums, as shown below:
Annuitant's Age Group | Monthly, per multiple |
---|---|
Age 65–69 | $6.13 |
Age 70–74 | $8.30 |
Age 75–79 | $12.48 |
Age 80+ | $16.90 |
Rates may change in the future
Related Information
Use our FEGLI Calculator to see how these rates apply to you and to see the effect of various option changes.
Premiums for Employees
These rates were effective on the first pay period that started on or after October 1, 2021. For earlier rates see our rates history pages.
- Rates for Basic Life Insurance
- Rates for Option A - Standard
- Rates for Option B - Additional
- Rates for Option C - Family
Biweekly | Monthly | |
---|---|---|
FOR ALL AGES | $.1600 (16 cents) | $0.3467 |
Rates May Change in the Future
Age Group | Biweekly | Monthly |
---|---|---|
Under 35 | $0.20 | $0.43 |
35–39 | $0.20 | $0.43 |
40–44 | $0.30 | $0.65 |
45–49 | $0.60 | $1.30 |
50–54 | $1.00 | $2.17 |
55–59 | $1.80 | $3.90 |
60+ | $6.00 | $13.00 |
Rates May Change in the Future
Rates May Change in the Future
Rates May Change in the Future
Related Information
Use our FEGLI Calculator to see how these rates apply to you and to see the effect of various option changes.
FEGLI Rates History
BASIC (Per $1,000) | |
---|---|
Government | .0750 |
Employee | .1500 |
Total | .2250 |
Age Groups | Option A | Option B (per $1,000) |
Option C (per multiple) |
---|---|---|---|
Under 35 | 0.20 | 0.02 | 0.22 |
35 – 39 | 0.30 | 0.03 | 0.27 |
40 – 44 | 0.40 | 0.04 | 0.41 |
45 – 49 | 0.70 | 0.07 | 0.59 |
50 – 54 | 1.10 | 0.11 | 0.92 |
55 – 59 | 2.00 | 0.20 | 1.48 |
60 – 64 | 6.00 | 0.44 | 2.70 |
65 – 69 | 6.00 | 0.54 | 3.14 |
70 – 74 | 6.00 | 0.96 | 3.83 |
75 – 79 | 6.00 | 1.80 | 5.26 |
80 and over | 6.00 | 2.64 | 7.20 |
*These rates were effective on the first pay period that started on or after January 1, 2016.
BASIC (Per $1,000) | |
---|---|
Government | .0750 |
Employee | .1500 |
Total | .2250 |
Age Groups | Option A | Option B (per $1,000) |
Option C (per multiple) |
---|---|---|---|
Under 35 | 0.30 | 0.02 | 0.22 |
35 – 39 | 0.40 | 0.03 | 0.29 |
40 – 44 | 0.60 | 0.05 | 0.42 |
45 – 49 | 0.90 | 0.08 | 0.63 |
50 – 54 | 1.40 | 0.13 | 0.94 |
55 – 59 | 2.70 | 0.23 | 1.52 |
60 – 64 | 6.00 | 0.52 | 2.70 |
65 – 69 | 6.00 | 0.62 | 3.14 |
70 – 74 | 6.00 | 1.14 | 3.60 |
75 – 79 | 6.00 | 1.80 | 4.80 |
80 and over | 6.00 | 2.40 | 6.60 |
*These rates were effective on the first pay period that started on or after January 1, 2012.
BASIC (Per $1,000) | |
---|---|
Government | .0750 |
Employee | .1500 |
Total | .2250 |
Age Groups | Option A | Option B (per $1,000) |
Option C (per multiple) |
---|---|---|---|
Under 35 | .30 | .03 | .27 |
35 – 39 | .40 | .04 | .34 |
40 – 44 | .60 | .06 | .46 |
45 – 49 | .90 | .09 | .60 |
50 – 54 | 1.40 | .14 | .90 |
55 – 59 | 2.70 | .28 | 1.45 |
60 – 64 | 6.00 | .60 | 2.60 |
65 – 69 | 6.00 | .72 | 3.00 |
70 – 74 | 6.00 | 1.20 | 3.40 |
75 – 79 | 6.00 | 1.80 | 4.50 |
80 and over | 6.00 | 2.40 | 6.00 |
*These rates were effective on the first pay period that started on or after January 1, 2005.
BASIC (Per $1,000) | |
---|---|
Government | .0750 |
Employee | .1500 |
Total | .2250 |
Age Groups | Option A | Option B (per $1,000) |
Option C (per multiple) |
---|---|---|---|
Under 35 | .30 | .03 | .27 |
35 – 39 | .40 | .04 | .34 |
40 – 44 | .60 | .06 | .46 |
45 – 49 | .90 | .09 | .60 |
50 – 54 | 1.40 | .14 | .90 |
55 – 59 | 2.70 | .28 | 1.45 |
60 – 64 | 6.00 | .60 | 2.60 |
65 – 69 | 6.00 | .71 | 3.00 |
70 – 74 | 6.00 | 1.03 | 3.40 |
75 – 79 | 6.00 | 1.43 | 4.50 |
80 and over | 6.00 | 1.83 | 6.00 |
*These rates were effective on the first pay period that started on or after January 1, 2004. They were replaced with new rates that became effective on the first pay period that started on or after January 1, 2005.
BASIC (Per $1,000) | |
---|---|
Government | .0750 |
Employee | .1500 |
Total | .2250 |
Age Groups | Option A | Option B (per $1,000) |
Option C (per multiple) |
---|---|---|---|
Under 35 | .30 | .03 | .27 |
35 – 39 | .40 | .04 | .34 |
40 – 44 | .60 | .06 | .46 |
45 – 49 | .90 | .09 | .60 |
50 – 54 | 1.40 | .14 | .90 |
55 – 59 | 2.70 | .28 | 1.45 |
60 – 64 | 6.00 | .60 | 2.60 |
65 – 69 | 6.00 | .71 | 3.00 |
70 – 74 | 6.00 | .87 | 3.40 |
75 – 79 | 6.00 | 1.07 | 4.50 |
80 and over | 6.00 | 1.27 | 6.00 |
*These rates were effective on the first pay period that started on or after January 1, 2003. They were replaced with new rates that became effective on the first pay period that started on or after January 1, 2004.
BASIC (Per $1,000) | |
---|---|
Government | .0775 |
Employee | .1550 |
Total | .2325 |
Age Groups | Option A | Option B (per $1,000) |
Option C (per multiple) |
---|---|---|---|
Under 35 | .30 | .03 | .27 |
35 – 39 | .40 | .04 | .34 |
40 – 44 | .60 | .06 | .46 |
45 – 49 | .90 | .10 | .60 |
50 – 54 | 1.40 | .15 | .90 |
55 – 59 | 2.70 | .31 | 1.45 |
60 – 64 | 6.00 | .70 | 2.60 |
65 – 69 | 6.00 | .70 | 3.00 |
70+ | 6.00 | .70 | 3.40 |
*These rates were effective on the first pay period that started on or after April 24, 2000. They were replaced with new rates that became effective on the first pay period that started on or after January 1, 2003.
BASIC (Per $1,000) | |
---|---|
Government | .0775 |
Employee | .1550 |
Total | .2325 |
Age Groups | Option A | Option B (per $1,000) |
Option C (per multiple) |
---|---|---|---|
Under 35 | .30 | .03 | .27 |
35 – 39 | .40 | .04 | .34 |
40 – 44 | .60 | .06 | .46 |
45 – 49 | .90 | .10 | .60 |
50 – 54 | 1.40 | .15 | .90 |
55 – 59 | 2.70 | .31 | 1.45 |
60 and above | 6.00 | .70 | 2.60 |
*These rates were effective on the first pay period that started on or after April 24, 1999. They were replaced with new rates that became effective on the first pay period that started on or after April 24, 2000.
BASIC (Per $1,000) | |
---|---|
Government | .0825 |
Employee | .1650 |
Total | .2475 |
Age Groups | Option A | Option B (per $1,000) |
Option C |
---|---|---|---|
Under 35 | .40 | .04 | .30 |
35 – 39 | .50 | .05 | .31 |
40 – 44 | .70 | .07 | .52 |
45 – 49 | 1.10 | .11 | .70 |
50 – 54 | 1.80 | .18 | 1.00 |
55 – 59 | 3.00 | .30 | 1.50 |
60 and over | 7.00 | .70 | 2.60 |
*These rates were effective on the first pay period that started on or after January 1, 1993. They were replaced with new rates that became effective on the first pay period that started on or after April 24, 1999.
BASIC (Per $1,000) | |
---|---|
Government | .0925 |
Employee | .1850 |
Total | .2775 |
Age Groups | Option A | Option B (per $1,000) |
Option C |
---|---|---|---|
Under 35 | .40 | .04 | .30 |
35 – 39 | .50 | .05 | .31 |
40 – 44 | .80 | .08 | .52 |
45 – 49 | 1.30 | .13 | .70 |
50 – 54 | 2.20 | .22 | 1.10 |
55 – 59 | 4.50 | .45 | 1.75 |
60 and over | 7.00 | .85 | 2.80 |
*These rates were effective on the first pay period that started on or after August 1, 1986. They were replaced with new rates that became effective on the first pay period that started on or after January 1, 1993.
BASIC (Per $1,000) | |
---|---|
Government | .1000 |
Employee | .2000 |
Total | .3000 |
Age Groups | Option A | Option B (per $1,000) |
Option C |
---|---|---|---|
Under 35 | .55 | .04 | .30 |
35 – 39 | .70 | .05 | .31 |
40 – 44 | 1.00 | .08 | .52 |
45 – 49 | 1.60 | .16 | .72 |
50 – 54 | 2.70 | .27 | 1.10 |
55 – 59 | 6.00 | .60 | 2.00 |
60 and over | 7.50 | .95 | 3.00 |
*These rates were effective on the first pay period that started on or after August 1, 1985. They were replaced with new rates that became effective on the first pay period that started on or after August 1, 1986.
BASIC (Per $1,000) | |
---|---|
Government | .1100 |
Employee | .2200 |
Total | .3300 |
Age Groups | Option A | Option B (per $1,000) |
Option C |
---|---|---|---|
Under 35 | .55 | .04 | .30 |
35 – 39 | .70 | .05 | .31 |
40 – 44 | 1.00 | .08 | .52 |
45 – 49 | 1.60 | .16 | .72 |
50 – 54 | 2.70 | .27 | 1.10 |
55 – 59 | 6.00 | .60 | 2.00 |
60 and over | 7.50 | .95 | 3.00 |
*These rates were effective on the first pay period that started on or after May 1, 1984. They were replaced with new rates that became effective on the first pay period that started on or after August 1, 1985.
BASIC (Per $1,000) | |
---|---|
Government | .1200 |
Employee | .2400 |
Total | .3600 |
Age Groups | Option A | Option B (per $1,000) |
Option C |
---|---|---|---|
Under 35 | .60 | .05 | .50 |
35 – 39 | .80 | .07 | .60 |
40 – 44 | 1.40 | .12 | .70 |
45 – 49 | 2.20 | .20 | .90 |
50 – 54 | 3.20 | .30 | 1.30 |
55 – 59 | 7.50 | .60 | 2.00 |
60 and over | 9.00 | .95 | 3.00 |
*These rates were effective on the first pay period that started on or after April 1, 1981. They were replaced with new rates that became effective on the first pay period that started on or after May 1, 1984.
REGULAR (Per $1,000) | |
---|---|
Government | .1275 |
Employee | .2550 |
Total | .3825 |
Age Groups | Optional Insurance |
---|---|
Under 35 | .60 |
35 – 39 | 1.00 |
40 – 44 | 1.70 |
45 – 49 | 2.40 |
50 – 54 | 3.50 |
55 – 59 | 7.50 |
60 and over | 9.00 |
*These rates were effective on the first pay period that started on or after September 1, 1978. They were replaced with new rates that became effective on the first pay period that started on or after April 1, 1981.
REGULAR (Per $1,000) | |
---|---|
Government | .1775 |
Employee | .3550 |
Total | .5325 |
Age Groups | Optional Insurance |
---|---|
Under 35 | .80 |
35 – 39 | 1.20 |
40 – 44 | 1.90 |
45 – 49 | 2.90 |
50 – 54 | 4.50 |
55 – 59 | 10.50 |
60 and over | 14.00 |
*These rates were effective on the first pay period that started on or after February 28, 1975. They were replaced with new rates that became effective on the first pay period that started on or after September 1, 1978.
REGULAR (Per $1,000) | |
---|---|
Government | .1375 |
Employee | .2750 |
Total | .4125 |
Age Groups | Optional Insurance |
---|---|
Under 35 | .80 |
35 – 39 | 1.20 |
40 – 44 | 1.90 |
45 – 49 | 2.90 |
50 – 54 | 4.50 |
55 – 59 | 10.50 |
60 and over | 14.00 |
*These rates were effective on the first pay period that started on or after July 1, 1973. They were replaced with new rates that became effective on the first pay period that started on or after February 28, 1975.
REGULAR (Per $1,000) | |
---|---|
Government | .1375 |
Employee | .2750 |
Total | .4125 |
Age Groups | Optional Insurance |
---|---|
Under 35 | 1.30 |
35 – 39 | 1.70 |
40 – 44 | 2.40 |
45 – 49 | 3.60 |
50 – 54 | 5.50 |
55 – 59 | 17.00 |
60 and over | 19.00 |
*These rates were effective on the first pay period that started on or after April 1, 1970. They were replaced with new rates that became effective on the first pay period that started on or after July 1, 1973.
REGULAR (Per $1,000) | |
---|---|
Government | .1375 |
Employee | .2750 |
Total | .4125 |
Age Groups | Optional Insurance |
---|---|
Under 35 | 3.00 |
35 – 54 | 6.00 |
55 and over | 20.00 |
*These rates were effective on the first pay period that started on or after February 14, 1968. They were replaced with new rates that became effective on the first pay period that started on or after April 1, 1970.
REGULAR (Per $1,000) | |
---|---|
Government | .125 |
Employee | .250 |
Total | .375 |
*These rates were effective on the first pay period that started on or after August 28, 1954. They were replaced with new rates that became effective on the first pay period that started on or after February 14, 1968.