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SURVIVOR BENEFIT PLAN (SBP)

Posted 9/28/2010   Updated 9/28/2010 Email story   Print story

    


Casualty Affairs

9/28/2010 - MOUNTAIN HOME AIR FORCE BASE, Idaho -- The SBP was developed to meet the needs of the family for continuous income protection following a member's death. SBP is a non-profit annuity program which is administered by the government. Coverage is free while the military member remains on active duty. After retirement, monthly premiums are held in the Military Retirement System Trust Fund and benefits are paid to eligible survivors from that fund. As a result, the retiree has the assurance of a well-managed program without having to pay administrative expenses. Prior to retiring, you will have an opportunity to enroll in the SBP. Additional details are available by calling your SBP Counselor, Mr. Kevin Curl at 828-2475.



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