Survivor Benefit Plan (SBP)
The Survivor Benefit Plan is a Department of Defense sponsored and subsidized program that provides up to 55 percent of a service member's retired pay to an eligible beneficiary upon the death of the member. The program provides no-cost automatic coverage to members serving on active duty, and reserve component members who die of a service connected cause while performing inactive duty training. In addition, active duty members can purchase coverage upon retirement and reserve component members can elect coverage when they have 20 years of qualifying service for reserve retired pay.
Current as of 9 November 2022
Need information about the repeal of the SBP-DIC Offset? Please see:
SBP-DIC Offset Phased Elimination News