Browsing: insurance payments

What happened to my FEGLI payments?

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Q: I was hired in 1968 and had Federal Employees’ Group Life Insurance deductions from the beginning of employment. However, in 1985 my branch of government was dissolved. As a result, the entire branch was  transferred to the private sector (FHLBank). I would like to know what happened to the FEGLI deductions for those years of service. We were never refunded for those years worth of deductions. A: The FEGLI is a term insurance program. As long as you were employed by the federal government and paid your share of the premiums through payroll deduction, you were covered. When you…