FEGLI Group Life
You have several options with your group life insurance. Some are good, some
are bad. FESA helps you maximize this benefit.

Federal Employees’ Group Life Insurance (FEGLI)

As a federal employee, you are eligible for the Federal Employees’ Group Life Insurance program (with some exceptions). This is commonly referred to as FEGLI. If you are eligible for FEGLI, you receive basic life insurance and the opportunity to purchase additional (optional) life insurance.

Full-Time Employees:
If you are a full-time employee, you are covered by an amount of basic insurance (and an equivalent amount of accidental death and dismemberment insurance) based on your annual basic pay in effect as the end of any given pay period.

Part-Time Employees:
If you are paid at other than an annual rate, you are covered by an amount of basic insurance (and an equivalent amount of accidental death and dismemberment insurance) based on an annual rate determined as follows:

Part-time regular: The annual basic pay, if you are a part time regular scheduled employee, is computed by multiplying the basic hourly rate of pay for your levels and steps (excluding COLA) by the number of scheduled hours of service in a 52-week work year.

Part-time flexible: The annual basic pay, if you are a part-time flexible scheduled employee is computed by multiplying the basic hourly rate of pay for your level and step (excluding COLA) by 2,000 hours.

Basic Life Insurance

Minimum
If annual basic pay is $8,000 or less, employees are insured for $10,000. $10,000 is the minimum amount of basic insurance coverage available plus an equivalent amount of accidental death and dismemberment insurance.

Maximum
If annual basic pay is more than $8,000, employees are insured for an amount equal to the sum of annual basic pay rounded to the next higher thousand plus $2,000 plus an equivalent amount of accidental death and dismemberment insurance.

Extra Benefit
The extra benefit doubles the amount of Basic Life Insurance payable if the employee is age 35 or younger. Beginning on the employee’s thirty-sixth birthday, the extra benefit decreases 10 percent each year until, at age 45, there is no extra benefit.

Cost of Basic Insurance and Extra Benefit
As a Federal employee, your share of the cost for basic life insurance is 2/3 of the cost, with the government paying 1/3 of the cost. If you are a Postal employee the costs of these two benefits—basic insurance and extra benefit—are covered at no cost to you.

Optional Life Insurance

Option A — Standard
The amount of Option A — Standard is $10,000. Option A includes coverage for accidental death and dismemberment. Option A may be continued after retirement, but there is no accidental death and dismemberment coverage.

Rates for $10,000 of coverage:

Your Age GroupBiweeklyMonthly
Under 35$0.20$.043
35 through 39$0.30$0.65
40 through 44$0.40$0.87
45 through 49$0.70$1.52
50 through 54$1.10$2.38
55 through 59$2.00$4.33
60 through 64$6.00$13.00
65 through 69$6.00$13.00
70 and over$6.00$13.00

Additional may be elected in an amount equal to one, two, three, four, or five times your annual rate of basic pay (excludes COLA) after first rounding to the next higher multiple of $1,000, if the pay is not an exact multiple of $1,000. A “multiple” under Option B is limited to no more than the annual rate of basic pay payable to positions at Level II of the Executive Schedule rounded to the next higher $1,000. There is no accidental death and dismemberment coverage.  Additional may be continued after retirement.

Option B — Additional
Additional may be elected in an amount equal to one, two, three, four, or five times your annual rate of basic pay (excludes COLA) after first rounding to the next higher multiple of $1,000, if the pay is not an exact multiple of $1,000. A “multiple” under Option B is limited to no more than the annual rate of basic pay payable to positions at Level II of the Executive Schedule rounded to the next higher $1,000. There is no accidental death and dismemberment coverage. Additional may be continued after retirement. 

Option B —Rates per $1,000 of coverage:

Your Age GroupBiweeklyMonthly
Under 35$0.02$0.043
35 through 39$0.03$0.065
40 through 44$0.04$0.087
45 through 49$0.07$0.152
50 through 54$0.11$0.238
55 through 59$0.20$0.433
60 through 64$0.44$0.953
65 through 69$0.54$1.170
70 through 74$0.96$2.080
75 through 79$1.80$3.900
80 and over$2.64$5.720

Option C — Family
Option C may be elected to cover eligible family members: Multiples of one, two, three, four, or five may be elected. Each multiple is equal to $5,000 for spouse and $2,500 for each eligible dependent child.

Withholding per multiple:

Your Age GroupBiweeklyMonthly
Under 35$0.22$0.48
35 through 39$0.27$0.59
40 through 44$0.41$0.89
45 through 49$0.59$1.28
50 through 54$0.92$1.99
55 through 59$1.48$3.21
60 through 64$2.70$5.85
65 through 69$3.14$6.80
70 through 74$3.83$8.30
75 through 79$5.26$11.40
80 and over$7.20$15.60