Your Basic Life, Option A - Standard, Option B - Additional,

and Option C - Family insurance coverages (depending on what coverage you may

have) are continued into retirement if:

1. you retired on an immediate annuity (one which began within a month after

   you separated), and

2. you were insured for the five years of service immediately before your

   annuity commencing date or for the entire period(s) during which the coverages

   were available to you, and

3. you elected to continue your coverage, and

4. you did not convert your life insurance to an individual policy.

Note that under the Federal Employees' Retirement System (FERS), an immediate

annuity includes eligibility for an annuity if you separate at the minimum

retirement age and have 10 years of service. If you meet the requirements above,

you may continue your life insurance coverage as a retiree even if you choose to

postpone receipt of your annuity. If you do choose to postpone receiving your

annuity, your coverage stops until the date your annuity begins. If you want to

continue the coverage you had when you separated, it will resume when your

monthly payments begin, even if you convert your life insurance to an individual

policy upon your separation for retirement.