Employees will use sf 2817 or its electronic equivalent. Fegli life events are marriage, divorce, death of spouse. It can be done at any time during the year by calling the retirement information office rio on 18887676738 or during open season by calling the open season online on 18003329798. In 2016, due to the change in premiums that took effect this month, there will be another open. Federal employees group life insurance program fegli life insurance open season guidance. Sep 16, 2016 the federal employees group life insurance calculator can assist employees with determining the face value and calculating premiums of various combinations of fegli coverage. Rates effective the first pay period beginning on or after january 1, 2016. Aug 31, 2016 opm stressed that enrollees should be careful to elect all fegli coverage they want on their open season election, not just the coverage they want to add or increase. Federal employees group life insurance open season september 1. Federal employees group life insurance fegli open season. There will be a oneyear delayed effective date for coverage elected through the september 2016 fegli open season. During that time, eligible employees will be able to select or choose among the different types of and multiples of coverage that fegli offers, including option.
Aug 21, 2015 for the first time in 11 years, the office of personnel management, or opm, is allowing open season and announced new 2016 premiums rates for the federal employees group life insurance, or fegli. The office of personnel management opm announced last year. The office of personnel management opm is announcing an upcoming fegli open season and changes in premium rates for certain federal employees group life insurance fegli categories in accordance with sections 870. United states office of personnel management the federal. Open season is not needed to decrease your fegli coverage. If you have any kind of medical condition that might affect your ability to get insured elsewhere, it might be prudent to sign up for the increased fegli now. The office of personnel management opm will hold an open season sept. Aug 11, 2016 the fegli open season will be held from sept. For retirees weighing their options, see director of retired members ron watsons column in the april 2016 issue of the postal record, available on the nalc website at. Do not refer your questions to the office of personnel management opm or to your servicing human resources office hro. I began the article with, even if you think, like i did in 2004 when the last open season was offered, that you have sufficient coverage you may be surprised at what you discover. The most recent fegli open seasons were in 2004 and 2016.
Federal employees group life insurance open season september. The office of personnel management has provided the following important information to help federal workers with their decisions. Opm allows federal employees group life insurance open. Sep 01, 2016 open season for the federal employees group life insurance fegli program begins today and runs through the end of september. Fegli rate changes take effect the first pay period beginning on or after january 1, 2016. There is a huge window of opportunity approaching, for the first time in 11 years the office of personnel management is permitting an open season for the federal employees group life insurance fegli from september 1 to 30, 2016. The fegli program will have a life insurance open season from september 1, 2016 through. Provide the customer service specialist with both claim numbers, social security numbers and the plans in which you each want to enroll. During the month of september 2016, if you are a federal employee eligible for fegli, you can elect any coverage that fegli offers, including option c coverage on the lives of your eligible family members. When is the next open season to make changes to federal. The office of federal employees group life insurance ofegli is an. For more information about the physical exam, please see sf 2822. Opm starts first open season for federal group life insurance in 12.
Premiums for employees basic insurance will not change and most rates for option a, b, and c will decrease. If you submitted a life insurance election form last year during the 2016 federal employees group life insurance fegli program open season, your election was effective on october 1, 2017. The last fegli open season was held during september 2016, and the open season held before that was exactly 12 years before during september 2004. This is not a complete description of the fegli program. The federal government established the federal employees group life insurance fegli program on august 29, 1954. The federal employees group life insurance program fegli open season will run september 1, 2016 through september 30, 2016.
Open season online will be available for the next open season early november. Outside of open season, eligible employees can enroll or increase their. You cannot change your federal employee health benefits fehb or federal employees dental and vision insurance program. You must submit an sf2817 to enroll in the fegli program or to changeincrease your current fegli coverage, without having a. The federal employees group life insurance program, fegli, is having an open season from september 1, 2016 through september 30, 2016. Federal employees group life insurance open season.
Jan 28, 2016 the last fegli open season was in 2004, in connection with the 50th anniversary of the program. Previous fegli open seasons were held in 1999 and 1992. Federal employees group life insurance program holds open. Fegli open season is available only to employees hired before october 1, 1987 who participate in the federal employees health benefits program fehb. Postal service employees constitute the employees certificate proof of insurance. Opm allows federal employees group life insurance open season. Opm recently announced that a 2016 federal employees group life insurance fegli open season will be available to change your coverage starting september 1, 2016 through september 30, 2016. Purpose the fegli program will have a life insurance open season from september 1, 2016 through september 30, 2016. The 2016 fegli open season elections are effective and. Jul 12, 2016 september 2016 fegli life insurance open season.
Open season elections become effective on the first day of the first pay period that begins on or after october 1, 2017, and that follows a pay period during which the employee met the pay and duty status requirements. The employees copy of this form, when completed by the employing office, together with the fegli program booklet fe 7621 or fe 7620 for u. During open season, letter carriers and other federal employees may enroll in fegli, or increase their coverage, without taking a physical exam or waiting for. During the month of september 2016, if you are a federal employee eligible for fegli, you can elect any coverage that fegli offers, including option c coverage. During an open season, eligible federal employees can enroll in fegli or increase their coverage. Opm announces open season for federal employees group life. Your fegli life insurance for annuitants and retiring employees duration. If you are approaching retirement this is an excellent time to take advantage of low cost insurance options that you may not have thought of when you first signed up.
During an open season, an employee is guaranteed enrollment and does not have to provide any evidence of medical insurability. Why the 2016 fegli open season may not help nearretirees. A fegli life insurance open season has been scheduled for september 1 through september 30, 2016. Fegli open season is taking place september 1 30, 2016. Why is opm holding an open season for the fegli program. If you have questions about the fegli open season, please contact the benefits line at 8883202917. The fegli open season runs from september 1, 2016, through september 30, 2016 eligible employees can also enroll or increase coverage when they have a qualifying life event or at any time by passing a physical exam except. This open season is a special enrollment period for life insurance only. Effective january 1, 2016, fegli premium rates will change for some types of coverage. Rare life insurance open season for federal employees. The fegli open season runs from september 1 through september 30, 2016 and i wrote an article last october about the options available and new premiums.
Opm announces open season for federal employees group. The federal employees group life insurance program fegli is having an open. Opm has a contract with the metropolitan life insurance company metlife to administer the federal employees group life insurance fegli program. During the open season you will have the opportunity to increase your fegli coverage without the need for health underwriting. Outside of an open season, eligible employees can enroll or increase their coverage by taking a physical exam or with a qualifying life event. When is fegli open season and how do i participate.
Fegli program open season september 1 30, 2016 it doesnt happen often, but when it does, make sure that your family has enough protection. Federal employees life insurance fegli open season. These changes will be effective the first pay period beginning on or after january 1, 2016. Federal employees group life insurance fegli program. Federal register federal employees group life insurance. Learn more today and enroll, because you never know when the next open season will be.
Learn more today and enroll, because you never know when. Sep 07, 2016 published on sep 7, 2016 federal employee group life insuranceopen season is upon us and i am getting more questions than ever from federal employees asking whether they should purchase more fegli. Opms first fegli open season in 12 years will run from sept. Return a copy of the election to the employee as proof of receipt. While employees will be able to enroll or change their enrollment coverage, they wont be able to alter the amount of their basic insurance.
Mar 30, 2016 so the very earliest most employees can retire or start receiving compensation and carry new coverage from the fegli 2016 open season into retirement or compensation is october 1, 2022 october 14. During open season, letter carriers and other federal employees may enroll in fegli, or increase their coverage, without taking a physical. It is the largest group life insurance program in the world, covering over 4 million federal employees and retirees, as well as many of their family members. Take advantage of the federal employees group life insurance fegli open season. Enrollees can cancel or reduce fegli life insurance at any time, without waiting for an open season. Fegli is having its first open season in 12 years through sept. The office of personnel management opm announced a 2016 fegli open season that runs from september 1, 2016 through september 30, 2016.
Fegli 2016 open season elections are effective 1 october 2017. A rare open season for life insurance government executive. Opm announces that rates for the federal employees group life insurance fegli program will be changing in 2016 the headline news is that, starting jan 2016, the rates for fegli basic coverage for retirees will increase by more than 10 percent. Federal employees life insurance fegli open season guidance posted on march 22, 2016 by postal 31816 as the office of personnel management opm announced last year the federal employees group life insurance program fegli will have a life insurance open season from september 1, 2016 through september 30, 2016. Coverage elected during the open season will be effective the first pay period beginning on or after october 1, 2017. The office of personnel management opm has announced that there will be a federal employees group life insurance fegli open season in september 2016. The purpose of this benefits administration letter bal is to provide detailed guidance about. If you are approaching retirement this is an excellent time to take advantage of low cost insurance options that you may not have thought of when you first. Office of personnel management opm has announced that there will be a federal employees group life insurance fegli open season from thursday, september 1, through friday, september 30, 2016. September 2016 fegli life insurance open season youtube. Open season is from september 1, 2016 through september 30, 2016. Determine the face value of various combinations of fegli coverage. Fegli calculator makes choosing options easier during open season. Fegli open season phased retirement updates federal.
Civilian benefits guide to the 2016 federal employees group. Fegli open season is available only to active employees who were hired in a benefitseligible position before october 1, 1987. Opm to announce changes in fegli rates, open season. One advantage to the fegli open season is the lack of medical underwriting. For more information, please visit the life insurance page. The federal employees group life insurance program, fegli, is having an open season from september 1 through september 30, 2016. No one knows when the next one might be, so be sure to take advantage of this fegli 2016 open season. Enroll by september 30, 2016 to elect or change your fegli coverage, you can. Dec 21, 2019 the office of personnel management opm announced a 2016 fegli open season that runs from september 1, 2016 through september 30, 2016. The documents below from opm provide details on the.
1109 1043 172 20 602 481 159 570 157 344 440 1051 29 687 1215 1404 1365 190 1188 1411 609 640 697 301 249 963 567 640 100