OPM Proposes Extending Life Insurance to Children of Same Sex Couples
OPM is proposing a rule that would extend life insurance coverage to the children of same-sex couples who work for the federal government.
OPM is proposing a rule that would extend life insurance coverage to the children of same-sex couples who work for the federal government.
Upon receiving the leave and earnings statement for the first full pay-period of 2014, many employees will notice that their premiums for Federal Employees Group Life Insurance (FEGLI) have increased. The author offers some details on what you can expect.
You may be able to acquire more FEGLI coverage by providing medical evidence of insurability or by experiencing a “qualifying life event” (QLE).
August 26, 2013, is an important day for federal employees and retirees who are in legally recognized same-sex marriages. The author explains the significance of this date for people in this situation.
OPM has officially released guidance on coverage for same sex spouses in light of the recent Supreme Court Decision on DOMA.
Apparently finding a legal issue they could almost completely agree on, the Supreme Court has ruled in the case of a current and former spouse warring over the proceeds of a deceased fed’s FEGLIA (Federal Employees’ Group Life Insurance Act of 1954). The case has important implications for federal employees naming beneficiaries.
The author outlines different kinds of life insurance available, considerations to make in deciding whether to purchase life insurance, and how the Federal Employee Group Life Insurance (FEGLI) option fits into the decision.
The author outlines ten common mistakes federal retirees should strive to avoid to get the most out of their retirement benefits.
According to an OPM source, there will be no FEGLI open season in the near future.
OPM has released the new premiums for the Federal Employees’ Group Life Insurance (FEGLI) categories. The new rates will be effective the first pay period beginning on or after January 1, 2012.