Federal Register - September 8, 2021
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Source: Federal Register
Federal Register / Vol. 86, No. 171 / Wednesday, September 8, 2021 / Notices updated mortality and claims rates from actual program experience within each FEGLI category. The legislative structure of the FEGLI Program assumes that we set premium rates for each age band independently of the other bands so that
each age band is financially selfsupporting.
We will issue guidance to all agencies for the purpose of counseling employees and we will notify affected annuitants directly via OPMs Office of Retirement Services. The FEGLI premium rates will
50383
be maintained on the FEGLI website https www.opm.gov/healthcareinsurance/life-insurance/.
The new FEGLI premium rates for Basic, Option A, Option B, Option C
and the Post-Retirement Basic Option are as follows:
EMPLOYEE BASIC INSURANCE PER $1,000 OF INSURANCE
The premiums for compensationers who are paid every four weeks are two times the biweekly premium.
Bi-weekly
Monthly
Employee
Government
$0.1600
0.0800
$0.3467
0.1733
Total
0.2400
0.5200
OPTION A FOR $10,000 OF INSURANCE
The premiums for compensationers who are paid every four weeks are two times the biweekly premium.
Age band
Bi-weekly
<35
3539
4044
4549
5054
5559
60+
$0.20
0.20
0.30
0.60
1.00
1.80
6.00
Monthly $0.43
0.43
0.65
1.30
2.17
3.90
13.00
OPTION B PER $1,000 OF INSURANCE
The premiums for compensationers who are paid every four weeks are two times the biweekly premium.
Age band
Bi-weekly
<35
3539
4044
4549
5054
5559
6064
6569
7074
7579
80+
$0.02
0.02
0.03
0.06
0.10
0.18
0.40
0.48
0.86
1.80
2.88
Monthly $0.043
0.043
0.065
0.130
0.217
0.390
0.867
1.040
1.863
3.900
6.240
OPTION C PER MULTIPLE OF INSURANCE
The premiums for compensationers who are paid every four weeks are two times the biweekly premium.
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Age band
Bi-weekly
<35
3539
4044
4549
5054
5559
6064
6569
7074
7579
80+
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$0.20
0.24
0.37
0.53
0.83
1.33
2.43
2.83
3.83
5.76
7.80
Monthly $0.43
0.52
0.80
1.15
1.80
2.88
5.27
6.13
8.30
12.48
16.90
