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

---
identifier: "/us/cfr/t5/s892.206"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "5 CFR § 892.206 - Can I cancel my waiver and participate in premium conversion?"
title_number: 5
title_name: "Administrative Personnel"
section_number: "892.206"
section_name: "Can I cancel my waiver and participate in premium conversion?"
chapter_name: "OFFICE OF PERSONNEL MANAGEMENT"
subchapter_number: "B"
subchapter_name: "CIVIL SERVICE REGULATIONS"
part_number: "892"
part_name: "FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 8913; 5 U.S.C. 1103(a)(7); 26 U.S.C. 125."
regulatory_source: "65 FR 44646, July 19, 2000, unless otherwise noted."
cfr_part: "892"
---


# 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.