What is the Fegli death benefit?
It provides your beneficiaries with a $10,000 death benefit in the event of your death..
What is the basic life insurance for federal employees?
FEGLI Coverage. Unless they waive coverage, most Federal employees have Basic Life Insurance under the Federal Employees’ Group Life Insurance Program. Basic Life Insurance is equal to the actual rate of annual basic pay (rounded to the next $1,000) plus $2,000, or $10,000, whichever is greater.
How do I file a Fegli claim?
You can use report a death online or you can call Retirement at 1-888-767-6738. If you believe the retiree was enrolled in FEGLI Life Insurance and that you are a beneficiary, you can download a claim form and mail it to OFEGLI, an office of MetLife.
How long does it take OPM to pay death benefits?
OPM processed a total of 7,102 claims in August, fewer than the 7,509 claims processed in July. It took an average of 47 days to process a single claim in 60 days or less. The average number of cases that took more than 60 days to process went up to 105, compared with 98 last month.
What is the average Fegli payout?
Currently annuitants pay 32.5 cents per $1,000 of Basic insurance before age 65, nothing after age 65 if you elect the 75% reduction, 64 cents per $1,000 of coverage if you elect the 50% reduction, and $1.94 per $1,000 of coverage for no reduction.
What happens to your government pension when you die?
When you die, some of your State Pension entitlements may pass to your widow, widower or surviving civil partner. … Your spouse or civil partner may be entitled to any extra state pension you are entitled to if you put off claiming it when you reached state pension age.