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If you are under age 65 when you retire, you will continue to pay premiums for your Basic and any Optional insurance you have until you turn 65. The retirement...
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If you meet the rules listed above for continuing your coverage into retirement, you will be able to choose from three levels of coverage for your Basic when you retire:...
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When you retire, you are eligible to continue life insurance if you meet all of the following requirements:
you are entitled to retire on an immediate annuity under a...
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Federal retirees, unless they have assigned their life insurance, may cancel Basic or Optional life insurance coverage at any time. If you cancel Basic, you automatically cancel all forms of...
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No. There are no waivers of the five year/all opportunity rule for continuing life insurance coverage into retirement. There are no exceptions to the "no waiver" rule — it does...
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No. The only way to continue coverage into retirement is to meet the five year/all opportunity rule. You cannot "buy" the years you are missing.
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No. Accidental death and dismemberment coverage ends when your employment ends. You cannot carry this coverage into retirement.
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The reductions start at the beginning of the 2nd month after your 65th birthday or the beginning of the 2nd month after your retirement date, whichever is later.
For example:
Pierre retired December 31, 1999....
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You met the 5 year requirement for Option C and you met the all opportunity requirement for the extra multiples of Option C. You can carry all 5 multiples of...
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No. You may be eligible to obtain insurance as a reemployed annuitant, but you will have to pay the same rates as any other employee for such insurance. Your agency...
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