First published on COMPAREFEGLI.COM
How Much FEGLI Coverage Do You Get With Concurrent Employment?
Concurrent employment, in this reference, is where a federal employee is working for and earning federal wages from more than one agency. If you’re wondering when and how this is possible, there are certain situations which make it possible.
- Also Read: TSP During Partial Retirement or Re-employment: Myths vs Facts Explained
- Also Read: Pros and Cons of Annuity Options for Federal Retirees: What to Know
- Also Read: TSP Loan Pitfalls: Best Practices to Avoid Common TSP Loan Mistakes
In any case, the only eligibility requirement in cases of concurrent employment is that at least one of your positions should entitle you to be enrolled in FEGLI. So the next obvious question is about the coverage amount, and which agency will pay the government contribution towards your FEGLI premiums. READ MORE…
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