{"data":{"id":"us/5-cfr-870.1102","jurisdiction":"us","citation":"5 CFR 870.1102","heading":"Amount of a Living Benefit.","body":"(a)(1) An employee may elect to receive either:\n(i) A full Living Benefit, which is all of his/her Basic insurance, or\n(ii) A partial Living Benefit, which is a portion of his/her Basic insurance, in a multiple of $1,000.\n(2) An annuitant or compensationer may only elect to receive a full Living Benefit.\n(b) The amount of Basic insurance elected as a Living Benefit will be reduced by an actuarial amount representing the amount of interest lost to the Fund because of the early payment of benefits.\n(c)(1) If an individual elects a full Living Benefit, the post-election BIA will be 0. If an employee elects a partial Living Benefit, the post-election BIA will be the BIA reduced in proportion to the amount of Basic insurance elected as a Living Benefit, as prescribed by Pub. L. 103-409 (108 Stat. 4231).\n(2) The post-election BIA cannot change after the effective date of a Living Benefit election.\n(d)(1) If an employee elects a full Living Benefit, Basic accidental death and dismemberment coverage terminates as of the effective date of the election.\n(2) If an employee elects a partial Living Benefit, Basic accidental death and dismemberment coverage is reduced to equal the post-election BIA.","path":["Title 5—Administrative Personnel","CHAPTER I—OFFICE OF PERSONNEL MANAGEMENT","SUBCHAPTER B—CIVIL SERVICE REGULATIONS","PART 870—FEDERAL EMPLOYEES' GROUP LIFE INSURANCE PROGRAM","Subpart K—Living Benefits"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-5.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:53Z","sha256":"06074bef0b9d248823fb7aeda8d662fda10b9c33b19a16aa014b1c699f1ed16f","source_id":"us-cfr","stale":true,"prev":"us/5-cfr-870.1101","next":"us/5-cfr-870.1103"},"notice":"GroundRules: Original legal text. Not legal advice."}