§ 870.301 - Eligibility for life insurance.  


Latest version.
  • § 870.301 Eligibility for life insurance.

    (a) Each nonexcluded employee is automatically insured for Basic insurance unless he/she waives it.

    (b)

    (1) Optional insurance must be specifically elected; it is not automatic.

    (2) An employee may elect one or more types of Optional insurance if:

    (i) He/she has Basic insurance; and

    (ii) He/she does not have a waiver of that type (or types) or Optional insurance still in effect.

    (c) Notwithstanding any other provision in this part, the hiring of a Federal employee, whether in pay status or nonpay status, for a temporary, intermittent position with the decennial census has no effect on the amount of his/her Basic or Option B insurance, the withholdings or Government contribution for his/her insurance, or the determination of when 12 months in nonpay status ends.

    [62 FR 48731, Sept. 17, 1997, as amended at 63 FR 9402, Feb. 25, 1998; 64 FR 72461, Dec. 28, 1999]