Family Life Financial Services Inc. - Greater Lansing Financial Services

FEGLI Opition B Standard
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FEGLI Opition B Standard - Family Life Financial Services

You may elect Option B-Additional in an amount equal to one, two, three, four or five time your annual rate of basic pay (after rounding up to the next even $1,000).

How Much Does Option B Cost?*

 

Withholding for each $1,000 Insurance

2010

2011

Your Age Group*

Biweekly

Monthly

Minimum Age

Minimum Age

Under 35

$0.03

$0.065

$0.03

$0.065

35 - 39

0.04

0.087

0.04

0.087

40 - 44

0.06

0.130

0.06

0.130

45 - 49

0.09

0.195

0.09

0.195

50 - 54

0.14

0.303

0.14

0.303

55 - 59

0.28

0.607

0.28

0.607

60 - 64

0.60

1.300

0.60

1.300

65 - 69

0.71

1.538

0.72

1.560

70 - 74

1.03

2.232

1.20

2.600

75-79

1.43

3.098

1.80

3.900

80 and Over

1.83

3.965

2.40

5.200

*These are the rates through 2009. They may change in future years.
For more information, see the FEGLI website at www.opm.gov/insure/life.com