RI 76-10 Assignment, Federal Employees' Group Life
RI 76-10 Assignment, Federal Employees' Group Life Insurance (FEGLI) Program
Revision of a currently approved collection
No
Regular
Approved with change
02/27/2020
11/30/2019
This collection is approved based on the revised materials provided by the Agency.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
02/28/2023
36 Months From Approved
02/29/2020
400
0
400
100
0
100
2,685
0
0
RI 76-10 allows an insured individual to transfer ownership, or âassignâ the FEGLI coverage, to a third party. An insured may assign for several reasons; for example, for financial planning purposes, or to comply with a court order, or to sell the coverage to a third-party. Unlike a designation of beneficiary, once an assignment is executed, it is irrevocable. The Privacy Act Statement has been revised due to a systematic review by our Chief Privacy Officer.
US Code:
5 USC 8706
Name of Law: Termination of Insurance; assignment owership
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.