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This page can be found on the web at the following url:
http://www.opm.gov/insure/life/reference/76-12/fegli10.asp

Insurance Programs

Life

Information for Retirees and Their Families

Pamphlet RI 76-12
General Information About FEGLI (Continued)
Reemployment in the Federal Service (Continued)
If Annuity Terminates Due to Reemployment

If you are reemployed under conditions which terminate your annuity, your life insurance coverage as a retiree also ends without the right to convert to an individual policy. You can, however, acquire life insurance coverage as an employee, provided you are reemployed in a position which includes such coverage.

If Annuity Continues During Reemployment

If your annuity continues during your reemployment and you are reemployed in a position which is excluded from life insurance coverage, you will retain any Basic and Optional life insurance coverages you have as a retiree.

Basic Life, Option A, and Option C

If you are reemployed in a position with life insurance coverage, your Basic life insurance and any Option A and Option C coverage you have as a retiree must be transferred to your reemployment position. (See page 20 for information about Option B.) If you are eligible for this life insurance coverage as an employee, your employing agency must notify us and withhold the applicable premiums from your salary. We will suspend your Basic life, Option A, and Option C coverage and premium withholdings during your reemployment.

Important Note: While you are a reemployed annuitant, if you waive any life insurance coverage with your employing agency, you also have waived the insurance as a retiree. This waiver may be irrevocable. Check with your employing agency or the FEGLI website at www.opm.gov/insure/life for more information before waiving any coverage.

You are eligible for Option A - Standard insurance unless you have on file a valid waiver of Basic life insurance or Option A insurance. In addition, you can acquire Option C - Family insurance as an employee, unless you have on file a valid waiver of Basic life insurance or Option C.

Option B

If you are reemployed in a position with life insurance coverage, you are also eligible for Option B - Additional insurance, unless you have on file a valid waiver of Basic life insurance or Option B insurance. However, if you have this insurance as a retiree, that coverage will continue unless you file an election of Option B insurance on Standard Form (SF) 2817, Life Insurance Election, with your employing agency within 31 days after you are reemployed. If you do so, your employing agency will withhold premiums for your employee-acquired Option B insurance from your salary. (Please note that if you file SF 2817 with your employing agency, you must fill it out completely to reconfirm all the coverage you have, not just electing Option B. Otherwise, your other coverage will be cancelled.)

In this instance, your Option B coverage as a retiree (including any premiums withheld from your annuity) will be suspended during your reemployment after we receive proper notification from your employing agency.