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How is My FEHB Premium Paid Until I Start Receiving My Pension?

I’m retiring at the end of the year. How is my FEHB premium paid until I start receiving my monthly pension?

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Q: I’m retiring at the end of the year. How is my FEHB premium paid until I start receiving my monthly pension? I understand it may be a couple of months or more before I start receiving any of my pension.

A: Your FEHB premium isn’t paid out of interim pay, but you remain covered. Once your actual pension payments begin, OPM will deduct for the “back premiums”.

Agencies can request to have John Grobe, or another of Federal Career Experts' qualified instructors, deliver a retirement or transition seminar to their employees. FCE instructors are not financial advisers and will not sell or recommend financial products to class participants. Agency Benefits Officers can contact John Grobe at [email protected] to discuss schedules and costs.
© 2021 John Grobe. All rights reserved. This article may not be reproduced without express written consent from John Grobe.

About the Author

John Grobe is President of Federal Career Experts, a firm that provides pre-retirement training and seminars to a wide variety of federal agencies. FCE’s instructors are all retired federal retirement specialists who educate class participants on the ins and outs of federal retirement and benefits; there is never an attempt to influence participants to invest a certain way, or to purchase any financial products. John and FCE specialize in retirement for special category employees, such as law enforcement officers.