The survivor benefit plan (SBP) is an insurance plan that pays the surviving spouse a monthly payment (annuity) to help make up for the loss of retirement income. Read about SBP.
Survivor Benefit Plan (SBP)
The Survivor Benefit Plan pays your spouse a monthly payment, protecting survivors against the risks of early death.
When you retire, you may be able to elect any of several SBP options, which are listed below.
SBP allows coverage for former spouses. Costs and benefits under this option are identical to those for spouse coverage.
SBP is a complicated program and their are numerous related questions. See our FAQ for help.
The loss of a loved one is difficult - the time after such a loss, even more so.
We bust some myths about survivor benefits
For those grieving a loss, the law opens a new realm of possibilities for their future financial security.
SBP annuitants are required to certify their continued eligibility every year. Get the details on how to make this happen?