Sf 2821-2025

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The document is the U.S. Federal Form SF-2821, which serves as an Agency Certification of Insurance Status for Federal Employees' Group Life Insurance. It collects essential information about the employee, including personal details, insurance options, and events requiring certification such as retirement or separation. The form requires dual certification from personnel and payroll officials to confirm the accuracy of the information regarding the employee's insurance coverage.

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Is it worth keeping FEGLI in retirement?

Effective at the month after the month you become age 65 or retire (if later), the value of your Full Reduction Option B multiples will reduce by 2% of the pre-retirement amount per month for 50 months, at which time coverage on those multiples will end.

Is FEGLI Option B worth it?

The maximum coverage on your life available through FEGLI is about six times your salary (or about seven times for enrollees age 35 or under), through a combination of Basic, the Extra Benefit, Option A ($10,000), and Option B (maximum of 5 times your salary).

What are the benefits of FEGLI Option B?

Three types of Optional insurance: Option AStandard, in the amount of $10,000; Option BAdditional, in an amount from one to five times your annual rate of basic pay after rounding your salary up to the next $1,000; Option CFamily, one to five multiples of coverage for your spouse and your eligible dependent children

What is an SF 2821?

Agency Certification of Insurance Status - Federal Employees Group Life Insurance Program. Title: Agency Certification of Insurance Status - Federal Employees Group Life Insurance Program. Form #: SF2821.

What is the FEGLI beneficiary payout?

Form SF 75, Request for Preliminary Employment Data, is used by federal agencies to gather information about potential employees. This form helps assess a candidates qualifications and background before hiring.

How to avoid the 75% FEGLI reduction?

To make your choice, submit SF 2818 to your human resources office shortly before you retire. If you do not turn in the form, you will be defaulted to 75% Reduction.

Sf 2821-2025

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