Helping Federal Employees and Annuitants Understand Their Benefits
Rates effective on or after October 1, 2021
New rates for FEGLI coverage were announced in early September of 2021 to be effective the first pay period on or after October 1, 2021.
The following rate charts compare FELGI option costs for active federal employees. Retirees should review the FEGLI Annuitant rate charts. FEGLI insurance premiums for options A, B and C are adjusted as you age and the costs can get prohibitive especially for the Option B multiples. Active federal employees need to Evaluate their insurance needs when initially enrolling or during upcoming open enrollment periods.
Review your Option B coverage carefully. The cost for multiples more than doubles from $.18 bi-weekly per thousand dollars of coverage at 55-59 to $.40 bi-weekly per thousand at age 60-64. In retirement it will cost an annuitant $3.90 per $1,000 of coverage monthly from age 75-79 and that increases to $6.24 monthly per $1,000 in coverage 80 and over!
Obtain competitive quotes for Part B coverage to compare costs.
Cost for each $1,000 of the Basic Insurance Amount in Effect at the Time of your Retirement
FOR ALL AGES $.160 (16 cents) biweekly or $.3467 monthly.
Rates May Change in the Future
| Age Group | Biweekly | Monthly |
|---|---|---|
| Under 35 | $0.20 | $0.43 |
| 35-39 | $0.20 | $0.65 |
| 40-44 | $0.30 | $0.65 |
| 45-49 | $0.60 | $1.30 |
| 50-54 | $1.00 | $2.17 |
| 55-59 | $1.80 | $3.90 |
| 60+ | $6.00 | $13.00 |
Rates May Change in the Future
Per $1,000 in coverage
| Age Group | Biweekly | Monthly |
|---|---|---|
| Under 35 | $0.02 | $0.043 |
| 35-39 | $0.02 | $0.043 |
| 40-44 | $0.03 | $0.065 |
| 45-49 | $0.06 | $0.130 |
| 50-54 | $0.10 | $0.217 |
| 55-59 | $0.18 | $0.39 |
| 60-64 | $0.40 | $0.867 |
| 65-69 | $0.48 | $1.040 |
| 70-74 | $0.86 | $1.863 |
| 75-79 | $1.80 | $3.90 |
| 80 and over | $2.88 | $6.240 |
Rates revised 10/1/2021 and may change in the future.
1 Multiple = $5,000 For A Spouse
1 Multiple = $2,500 For Each Eligible Dependent Child
| Age Group | Biweekly | Monthly, per multiple |
|---|---|---|
| Under 35 | $0.20 | $0.43 |
| 35-39 | $0.24 | $0.52 |
| 40-44 | $0.37 | $0.80 |
| 45-49 | $0.53 | $1.15 |
| 50-54 | $0.83 | $1.80 |
| 55-59 | $1.33 | $2.88 |
| 60-64 | $2.43 | $5.27 |
| 65-69 | $2.83 | $6.13 |
| 70-74 | $3.83 | $8.30 |
| 75-79 | $5.76 | $12.48 |
| 80 and over | $7.80 | $16.90 |
Rates revised 1/1/2016 and may change in the future