Survivor Benefits Plan
Survivor Benefits Plan(SBP) is pension protection insurance plan offered by the Department of Defense. It will provide 55% of the retiree's pension benefit to their spouse in the event of their death. To pay for SBP, 6.5% of the retiree's monthly pay is deducted. The following links will direct you to more detailed information.
SBP Information Overview
SBP Costs and Benefits
For a cost comparison, contact us for a free consultation and we will discuss your risk management options.