Continuation of Life Insurance Coverage
SF 2818 Instructions (page 1 of 4)
Revised May 2001
Federal Employees
Group Life Insurance
As an Annuitant or Compensationer
Federal Employees' Group Life Insurance (FEGLI) Program
Instructions for Completing this SF 2818
Complete this form when you retire or when you are receiving
compensation payments from the Office of Workers' Compensation
Programs (Department of Labor) and your FEGLI coverage as an
employee ends.
Return both copies of the completed form to your human resources
office (HRO). Your HRO will return a copy to you.
Read these instructions carefully.
Detach and keep these instructions for your records.
The premiums shown on this form may change.
1. Basic Insurance
Will my Basic insurance reduce?
It depends. If you are eligible and choose to have Basic insurance in
retirement, you can choose either 75% Reduction, 50% Reduction or
No Reduction in Item 8.
What is 75% Reduction?
This means that your Basic insurance will reduce by a fixed
amount each month, equal to 2% of the amount of Basic insurance
you carried into retirement. Your Basic insurance will continue to
reduce until 25% of the original amount remains. You do not pay an
extra premium for this choice.
What is 50% Reduction?
This means that your Basic insurance will reduce by a fixed
amount each month, equal to 1% of the amount of Basic insurance
you carried into retirement. Your Basic insurance will continue to
reduce until 50% of the original amount remains. You pay an extra
premium for this choice.
What is No Reduction?
This means that your Basic insurance will not reduce. You pay an
extra premium for this choice.
When do reductions begin?
If you elect 75% Reduction or 50% Reduction in Item 8, your Basic
insurance begins to reduce on the first day of the second month after you
reach age 65 or on the first day of the second month after you retire,
whichever is later.
What do I pay?
As an annuitant, you will pay the same regular Basic premium, monthly,
that active employ