Increasing FEGLI benefit

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Q. I retired from the Department of Transportation (Federal Aviation Administration) about seven years ago. I retired under CSRS Offset with about 35 years of service. I will be turning 62 in a few months and have applied for my Social Security benefits. I selected some Federal Employees Group Life Insurance coverage, so I am still enrolled. Since my CSRS benefits will be reduced at age 62, can I make changes to my FEGLI coverage to increase my survivor benefits?

A. No, you cannot increase the FEGLI benefit amount.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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