Navy Survivor Benefit Plan Overview

An unmarried, full-time student is eligible for SBP coverage until they turn 22.

If a disabled child is incapable of self-support, they remain eligible for SBP for life or until they get married, if the disability occurred before age 18 or before age 22 if they were a full-time student.

The SECNAV (Secretary of the Navy) has the authority to correct, change, or revoke previous SBP election decisions in cases of administrative error.

The maximum SBP premium for spouse coverage is 6.5%.

The total premium cost for SBP cannot exceed 40% of the retiree's gross retired pay.

A government-funded program that allows military retirees to transfer a portion of their retirement pay to eligible beneficiaries upon their death.

This form is used to document the election of SBP coverage for former spouses, guaranteeing them a portion of the retiree's pension after their death.

This form is used to terminate or cancel SBP coverage, making the retiree ineligible for SBP benefits after their death.

This form is used to request changes to the SBP election, allowing retirees to update their beneficiaries and coverage details.

This form is used to verify a survivor's eligibility for SBP benefits, providing documentation for receiving their annuity.

This form is used to make a deemed election, allowing retiring personnel to automatically enroll in the SBP program if they don't actively choose otherwise.

This form is used to certify a child annuitant's enrollment in an educational institution, required for receiving educational benefits under the SBP program.

This form is used to establish custodianship of a minor child's benefits from a deceased service member, ensuring proper financial management for the child.

The document outlining the Navy's policies and procedures for participation in the Survivor Benefit Plan (SBP).

This form is for retiring or transferring personnel to complete their SBP election and beneficiary information.

The form used to terminate or cancel SBP coverage, making the retiree ineligible for SBP benefits after their death.

This form is used to establish custodianship of a minor child's benefits from a deceased service member, ensuring proper financial management for the child.

This form is completed by retiring military personnel to provide information for calculating their retirement pay.

This form is used by a retiring or transferring military member to indicate their choice for receiving SBP benefits.

The form used to request changes to the SBP election, allowing retirees to update their beneficiaries and coverage details.

The form used to request SBP coverage for a former spouse, ensuring them a portion of the retiree's pension after their death.

The date a spouse of a retiring Sailor is eligible for SBP coverage, regardless of the length of their marriage.

A disabled child who is incapable of self-support remains eligible for SBP coverage for life or while disabled and unmarried, if the disability occurred before age 18 or before age 22 if they were a full-time student at the time.

The maximum premium for spouse coverage under the Survivor Benefit Plan (SBP) is 6.5% of the retiree's gross retired pay.

Requests for SBP administrative error correction assistance for retired Sailors must be submitted within 120 days of their initial retired pay receipt date.

The maximum SBP premium for spouse coverage is 6.5% of the retiree's gross retired pay.

The total SBP premium costs cannot exceed 40% of the retiree's full gross retired pay.

The DD 2656-2 form is used to terminate or cancel SBP coverage, making the retiree ineligible for SBP benefits after their death.

A retiree who submitted a request to terminate their SBP coverage has 30 days to withdraw their request.

A retiree who wasn't married at the time of retirement can still have their spouse eligible for SBP benefits if they were married for at least one year before the retiree's death.

Spouse receives a 55% share of the retiree's cost of living adjusted base amount.

A retiring service member can elect to receive SBP benefits automatically (deemed election), or they can choose not to enroll.