How FEGLI Works
A plain-English overview of Basic, Option A, Option B and Option C.
Basic
OPM describes Basic coverage as annual basic pay rounded up to the next $1,000, plus $2,000, subject to program rules. Basic premiums use a composite structure and the government contributes a share for eligible employees.
Option A — Standard
Option A provides $10,000 of additional life insurance.
Option B — Additional
Option B can provide 1, 2, 3, 4 or 5 multiples of annual basic pay after rounding as provided by OPM. Employee premiums depend on age group.
Option C — Family
Option C covers eligible spouse and children. OPM defines each multiple as $5,000 for a spouse and $2,500 for each eligible dependent child.
What happens in retirement?
FEGLI retirement rules are different from active-employee rules. Basic, Option B and Option C may involve reduction choices, and eligibility requirements apply to continue coverage into retirement. Review OPM's current guidance before making elections.