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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 5 - Administrative Personnel |
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Chapter I - Office of Personnel Management |
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SubChapter B - Civil Service Regulations |
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Part 892 - Federal Flexible Benefits Plan: Pre-Tax Payment of Health Benefits Premiums |
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Subpart B - Eligibility and Participation |
§ 892.206 - Can I cancel my waiver and participate in premium conversion?
Latest version.
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§ 892.206 Can I cancel my waiver and participate in premium conversion?
Yes, you may cancel a waiver and participate in premium conversion if:
(a) You have a qualifying life event; the change in FEHB coverage is consistent with the qualifying life event; and you complete an election form to participate in premium conversion within 60 days after the qualifying life event; or
(b) You cancel your waiver during an open season, including an extended open season authorized by OPM.