Life insurance after retirement


Q. My husband worked for the federal government in the agriculture division. He retired in 1985. He is now 83 years old and wants to know if he still has life insurance. He was told that the benefits would decrease until age 70 and then he would have $7,000 benefit for life. Is this true?

A. If your husband didn’t elect to retain a higher level of coverage, his Federal Employees’ Group Life Insurance would have automatically declined to 25 percent of its original value, where it would remain for the rest of his life. At his death, the proceeds would come to you, if you were still living, or to his beneficiaries, if you weren’t.


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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

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