R 271948Z DEC 11

ALCGCIV 049/11
COMDTNOTE 12800
SUBJ: FEDERAL EMPLOYEES GROUP LIFE INSURANCE (FEGLI) PREMIUM CHANGES
1. THE OFFICE OF PERSONNEL MANAGEMENT (OPM) HAS COMPLETED A STUDY OF
FUNDING AND CLAIMS EXPERIENCE WITHIN THE FEGLI PROGRAM. BASED ON
THIS UPDATED ACTURARIAL ANALYSIS OF ACTUAL CLAIMS EXPERIENCE, OPM HAS
DETERMINED THAT CHANGES ARE REQUIRED TO OPTION B, OPTION C, AND POST
RETIREMENT BASIC PREMIUMS. THE EFFECTIVE DATE FOR THE CHANGES IS 1
JANUARY, 2012.
2. PREMIUMS FOR FEGLI OPTION B, ADDITIONAL OPTIONAL INSURANCE, WILL
BE LOWER FOR MOST AGE BANDS. PREMIUMS FOR FEGLI OPTION C, FAMILY
OPTIONAL INSURANCE, WILL BE LOWER FOR AGE BANDS UNDER 45 AND HIGHER
FOR THOSE 45 AND OVER.  PREMIUMS FOR POST-RETIREMENT BASIC INSURANCE
(FOR ANNUITANTS ONLY) WILL INCREASE FOR THE FIFTY PERCENT REDUCTION
AND NO REDUCTION OPTIONS.
3. THERE WILL BE NO CHANGE IN PREMIUMS FOR BASIC INSURANCE OR OPTION
A, STANDARD OPTIONAL INSURANCE.
4. FOR MORE INFORMATION ON THE PREMIUM CHANGES, VISIT
HTTP://WWW.OPM.GOV/RETIRE/PUBS/BALS/2011/11-205ATTACHMENT.PDF
5. IF YOU HAVE ANY QUESTIONS, CALL YOUR SERVICING BENEFITS
SPECIALIST (HTTP://WWW.USCG.MIL/CIVILIANHR/CONTACT.ASP) OR E-MAIL THE
RETIREMENT AND BENEFITS SERVICE CENTER AT BENEFITS(AT)USCG.MIL.
6. CINDY NELSON-POSSINGER, CHIEF, OFFICE OF CIVILIAN HUMAN RESOURCES
SENDS.
7. INTERNET RELEASE AUTHORIZED.