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Federal Employees Group Life Insurance


Federal Employees Group Life Insurance
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Federal Employees Group Life Insurance Program


Federal Employees Group Life Insurance Program
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Author : United States. Office of Personnel Management. Retirement and Insurance Service
language : en
Publisher:
Release Date : 1997

Federal Employees Group Life Insurance Program written by United States. Office of Personnel Management. Retirement and Insurance Service and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Government employees' life insurance categories.




Fegli Federal Employees Group Life Insurance


Fegli Federal Employees Group Life Insurance
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Author :
language : en
Publisher:
Release Date : 1995

Fegli Federal Employees Group Life Insurance written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Government employees' life insurance categories.




Information For Retirees And Their Families


Information For Retirees And Their Families
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Author :
language : en
Publisher:
Release Date : 2004

Information For Retirees And Their Families written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Government employees' life insurance categories.




Fegli


Fegli
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Author :
language : en
Publisher:
Release Date : 1985

Fegli written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Government employees' life insurance categories.




Federal Employees Group Life Insurance Program


Federal Employees Group Life Insurance Program
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Author : United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Compensation and Employee Benefits
language : en
Publisher:
Release Date : 1978

Federal Employees Group Life Insurance Program written by United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Compensation and Employee Benefits and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Government employees' life insurance categories.




Federal Employees Group Life Insurance Program


Federal Employees Group Life Insurance Program
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Author : United States. Congress. House. Committee on Post Office and Civil Service
language : en
Publisher:
Release Date : 1973

Federal Employees Group Life Insurance Program written by United States. Congress. House. Committee on Post Office and Civil Service and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Government employees' life insurance categories.




Federal Employees Group Life Insurance Program


Federal Employees Group Life Insurance Program
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Author : United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Civil Service
language : en
Publisher:
Release Date : 1997

Federal Employees Group Life Insurance Program written by United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Civil Service and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.




Increasing Group Life Insurance Coverage For Federal Employees


Increasing Group Life Insurance Coverage For Federal Employees
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Author : United States. Congress. Senate. Committee on Post Office and Civil Service. Subcommittee on Health Benefits and Life Insurance
language : en
Publisher:
Release Date : 1965

Increasing Group Life Insurance Coverage For Federal Employees written by United States. Congress. Senate. Committee on Post Office and Civil Service. Subcommittee on Health Benefits and Life Insurance and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Accident insurance categories.


Considers. S. 272 and similar S. 628, to amend Federal Employees Group Life Insurance Act of 1954 to increase maximum amount for which an employee may be insured. H.R. 6926, to strengthen financial condition of Employees Life Insurance Fund created by Federal Employees Group Life Insurance Act of 1954 to provide adjustments in amounts of group life and group accidental death and dismemberment insurance.



Changes To The Federal Employees Group Life Insurance Program Are Needed


Changes To The Federal Employees Group Life Insurance Program Are Needed
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1977

Changes To The Federal Employees Group Life Insurance Program Are Needed written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Government employees' life insurance categories.




Life Insurance


Life Insurance
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1986

Life Insurance written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Government employees' life insurance categories.


In response to a congressional request, GAO: (1) compared the Federal Employees' Group Life Insurance (FEGLI) Program to private sector programs; (2) determined whether the program's premiums could be reduced; (3) identified any needed program reforms; and (4) analyzed FEGLI participation. Congress intended that the FEGLI program be comparable to private sector life insurance programs. GAO noted that this objective has not been achieved because: (1) private sector plans no longer require their employees to share costs, while nonpostal federal employees pay two-thirds of the cost of FEGLI basic insurance; and (2) private sector employers typically provide basic life insurance coverage equal to 1.5 to 2 times an employee's pay, and FEGLI provides similar coverage only to employees age 40 and younger. GAO found that, although FEGLI has reduced its premiums by 44 percent during the past 10 years, the government could reduce employee costs by an additional 7.5 percent by: (1) updating the economic assumptions in the program to be consistent with those used in determining the civil service retirement system's costs; and (2) assuming responsibility for the FEGLI unfunded liability, which it created due to past funding insufficiencies. In contrast with other government life insurance programs which invest their available funds in special nonmarketable federal securities, the Office of Personnel Management (OPM) has employed various investment strategies for FEGLI funds. GAO found that the nonmarketable federal securities: (1) would be particularly appropriate for FEGLI investments because of their long-term nature; and (2) earned a higher return during 6 of the past 10 years. GAO noted that 90 percent of eligible federal employees, about 2.3 million, participate in FEGLI and 955,000 elect coverage for their families.