5 CFR 892.206 - Can I cancel my waiver and participate in premium conversion?

Regulations last checked for updates: Jun 01, 2024

Title 5 - Administrative Personnel last revised: May 30, 2024

View all text of Subpart B [§ 892.201 - § 892.211]

§ 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.

authority: 5 U.S.C. 8913; 5 U.S.C. 1103(a)(7); 26 U.S.C. 125.

source: 65 FR 44646, July 19, 2000, unless otherwise noted.

cite as: 5 CFR 892.206