Survivor Benefit Plan Archives

Do You Know Your Survivor Benefits? True or False

Navy Mutual | Jun 07, 2007

An immediate compensation will be paid to my survivors, usually within 36 hours. SGLI will be paid to my spouse or next-of-kin immediately upon confirmation of my death. My family must vacate housing or will lose BAH within 30 days of my death. It's a fact, military members go into harms way. It's a way of life and a choice that members are aware of when they make the decision to enter military service. But the reality is that we don't want to... more

Survivor Benefits Increases from VA

Military.com | Jan 07, 2009

Effective Dec.1, 2008, the Department of Veterans Affairs (VA) increased Dependency and Indemnity Compensation, and on Oct.1, 2008, increased Dependent Education Assistance.Dependency and Indemnity Compensation (DIC) may be authorized for survivors of military personnel who die in the line of duty while on active duty or active duty for training. Compensation may also be authorized when death occurs following time in the service if death is du... more

The Survivor Benefit Plan: Make an Informed Decision

Military.com | Mar 24, 2011

Each year retiring servicemembers are asked to decide whether or not they wish to participate in the Department of Defense's annuity program, known as the Survivor Benefit Plan. The following information on SBP benefits is intended to help you make an informed choice about the program.Over the last few years two major changes have occurred which have made the SBP a very attractive way to ensure the spouses of military retirees have an annuity ... more

Survivor Benefit Plan Certificate of Eligibility

Navy Mutual | May 22, 2008

Navy Mutual occasionally receives calls from Survivors stating that their SBP annuity payments have stopped and they do not understand the reason why. Department of Defense (DoD) Financial Management Regulations require that an Annual Certificate of Eligibility be submitted to validate continued eligibility of annuitants. These annuitants include:SpouseFormer spouseChildrenCertification can be accomplished by electronic signature via MyPay fo... more

Ask June: Remarriage reinstates SBP, but not for a Year

Military.com | Oct 19, 2010

Q: I just remarried my previous husband of 27 years who is now 81 years old and in poor health. He needs a caregiver. Since he is retired military and we were married when he was in the Army and when he retired we elected SBP we were told the plan would be immediately reinstated. We have four children. Now they are saying that if he dies within one year no benefits will be paid. I think this information is wrong. Please help ... more