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Option B? It is life insurance equal to 1, 2, 3, 4 or 5 times your annual salary (after rounding your salary up to the nearest thousand dollars, if it is not already an even thousand). It is also called Additional Optional insurance. What is Option C? It is life insurance for your family, available in 1 to 5 multiples. Each multiple equals $5,000 for your spouse and $2,500 for each eligible dependent child. It is also called Family Optional insurance. You cannot elect Option C by completing this.

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FEGLI is affordable, and eligible employees should take advantage of it — it's a decent, cheap starter policy — but it rarely provides adequate coverage, especially for breadwinners. But FEGLI can supplement your private term life insurance coverage.

Federal Employees' Group Life Insurance (FEGLI) Program. Instructions for Completing this SF 2818. Complete this form when you retire or when you are receiving compensation payments from the Office of Workers' Compensation Programs (Department of Labor) and your FEGLI coverage as an employee ends.

The coverage amount is determined in units – each unit represents $5,000 for your spouse and $2,500 for each dependent child. For example, if you elect 3 units and your spouse dies, you would receive $15,000 (3 x $5,000). If one of your eligible dependent children dies, you would receive $7,500 (3 x $2,500).

You can report the death in one of three ways: ONLINE: .opm.gov/ReportDeath. PHONE: Call 1-888-767-6738 (1-88USOPMRET). The phone lines are open from 7:50AM to 5:00PM. ... MAIL: Write to: U.S. Office of Personnel Management. Retirement Operations Center.

If you prefer to write, the address is: U.S. Office of Personnel Management Federal Employees Retirement System P.O. Box 45 Boyers, PA 16017-0045.

Use of the Standard Form 52. Although the Standard Form 52, Request for Personnel Action, is needed as the input document for many actions, its use for Name Change action is optional. The employee may use either a Standard Form 52 or a memorandum to submit a request for a name change.

After age 65, Basic life insurance is free for all retirees. The 50% and No Reduction premiums continue for life.

The SF 2821 should be completed to reflect the retiring employee's insurance status at the time of separation for retirement and attached to the Application for Retirement.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232