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.
If you’re close to retirement, you’ve probably calculated your FERS or CSRS Pension. But did you remember to consider these important reductions in your retirement planning?
Changes have been made to the federal FEGLI program. What is FEGLI and what are the changes? Here is a summary.
We are in that time of year when Congress, the White House and others announce numbers for the next year. The number in which current employees are most interested was just announced – the “comparability increase” (aka your raise) will be about 2%. Here is how this raise compares with other numbers that impact you and your family.