Ask The Experts: Retirement

By Reg Jones

Basic Life insurance

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Q. I have recently read an article that stated the following: The survivor of an individual who meets the definition of a FERS annuitant is not eligible for the FERS Basic Employee Death Benefit (BEDB), the BEDB is a lump sum payment made to the spouse of an individual who dies while still in federal service. This individual has not filed an application for retirement and has not separated from federal service.
So, does this mean as a retired annuitant, a spouse who was provided a spousal benefit cannot get any benefit for carrying the Basic Life into retirement?
A. What you read only applies to the lump sum death benefit payable to the spouse of a FERS employee who dies. Basic insurance under the Federal Employees Group Life Insurance program is always payable to the designated beneficiary when the covered individual dies, whether he was an employee or a retiree.

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