Survivor Benefit Plan Provides for Your Family Members

All retirees may choose to participate in the Survivor Benefit Plan or the Reserve Components Survivor Benefit Plan.  The Survivor Benefit Plan is designed to provide ongoing income for your spouse and minor children should you die before them. Videos on pre-retirement planning and the Survivor Benefit Plan may be available for viewing at home. Check with your installation’s Transition Program Office. 
The Survivor Benefit Plan can be very confusing. You and your spouse will need to learn as much as possible before making your final decision. In addition, your spouse’s signature is required on the form. The Defense Accounting and Finance Service (DFAS) offers a great resource to help you learn more about the cost and benefits of the SBP. Visit http://militarypay.defense.gov/BENEFITS/SBP/INDEX.ASPX to learn more. 
Date Last Reviewed: August 27, 2012

NEED-TO-KNOW INFORMATION