Even though federal employees are automatically enrolled in the Federal Employee Group Life Insurance (FEGLI) plan unless they are opt-out, many are confused by it. As the world’s largest group life insurance plan, it has many details and nuances, making it difficult for employees to follow. Today the plan serves over 4 million federal employees and retirees. Here are important
Federal employees are automatically enrolled in the Federal Employees’ Group Life Insurance (FEGLI) plan unless they opt out in writing before the end of their first pay period. This type of government insurance was established after the FEGLI Act passed Congress and was signed by President Eisenhower in 1954. Here’s a look at what this coverage involves and what your