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FEGLI Basic

FEGLI Basic


The Basic offers federal employees annual salary rounded up + $2,000. 
 

Basic While Employed: Example

Salary:   $57,800 (round up to nearest thousand)

            $58,000

         +     $2,000 (Featured Benefit)

            $60,000

$60,000 X $.15* = $9.00 biweekly

*$.15 per thousand is level until age 65

 

At retirement though there are FOUR options from which you will select that will either increase OR decrease the premium. 

Option 1:            Cancel the coverage

Option 1:            No Reduction in coverage level- This will

Option 2:             50% Reduction to coverage level- T

Optoin4:            75% Reduction to coverage level-

 

For more information on FEGLI, click on the links listed below:

 Main FEGLI PageOption AOption BOption C
 

Contact us for your Personalized Retirement Report.