FEGLI has new premiums, other changes

  • Published
Some Air Force civilian employees and retirees will see a change in the cost of their Federal Employees Group Life Insurance premiums. They may find themselves placed into a new age group.

A recent review of the Federal Employees Group Life Insurance premiums by office of personnel management officials resulted in the changes that became effective Jan. 1.

Because of today's generally lower mortality rates, OPM officials decided to reduce the premium for basic insurance and several of the Option B age bands and add new age bands for Options B and C, said officials at the Air Force Personnel Center here. There are no changes to Option A premiums or to the existing Option C age bands.

"The new rates were actually applied the first pay period in January, and any changes should reflect on the employee's Jan. 31 leave and earnings statement," said Janet Thomas of the center's civilian benefits and entitlements service team.

More information and cost charts can be found at http://www.afpc.randolph.af.mil/pubaffairs/release/2003/01/FEGLI.htm. (Courtesy of AFPC News Service)