Navy Survivor Benefit Plan Overview
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Questions and Answers

What is the purpose of the Survivor Benefit Plan program?

  • To offer financial advice to service members.
  • To manage health benefits for retired military personnel.
  • To establish policies and procedures regarding participation in the Survivor Benefit Plan. (correct)
  • To provide retirement funds for military personnel.
  • Which instruction pertains to the Survivor Benefit Plan?

  • OPNAV 1750.3A
  • OPNAV 1750.6A
  • OPNAV 1750.4A
  • OPNAV 1750.5A (correct)
  • Who is responsible for establishing SBP policy and revoking erroneous SBP elections?

  • Chief of Naval Operations.
  • CHNAVPERS. (correct)
  • Commander of the Navy Reserve.
  • Navy Personnel Command.
  • What form is used for the Survivor Benefit Plan election statement for former spouse coverage?

    <p>DD 2656-1</p> Signup and view all the answers

    What is the DD 2656-6 form used for?

    <p>To enroll in the Survivor Benefit Plan after retirement.</p> Signup and view all the answers

    On which date is a spouse eligible for SBP coverage?

    <p>On the Sailor's date of retirement.</p> Signup and view all the answers

    If a Sailor is required by court order to provide former spouse SBP coverage, what must they submit after a divorce?

    <p>A written request within one year.</p> Signup and view all the answers

    What is the maximum age for an unmarried minor child to be considered for SBP?

    <p>Up to 22 years of age.</p> Signup and view all the answers

    What maximum age does an unmarried full-time student remain eligible as an SBP beneficiary?

    <p>22 years</p> Signup and view all the answers

    For how long does a disabled child remain eligible for SBP coverage if the disability occurred before age 18?

    <p>For life</p> Signup and view all the answers

    What is the percentage of SBP premiums for maximum spouse coverage?

    <p>6.5 percent</p> Signup and view all the answers

    How long after the date of initial receipt of retired pay can requests for administrative error correction be referred for adjudication?

    <p>120 days</p> Signup and view all the answers

    What percentage of the retiree's cost of living adjusted base amount is paid as an annuity to a spouse?

    <p>55 percent</p> Signup and view all the answers

    What is the function of the DD 2656-10 form in the Survivor Benefit Plan?

    <p>Request for Deemed Election</p> Signup and view all the answers

    How many days prior to separation must a retired Sailor complete the DD 2656 form?

    <p>60 days</p> Signup and view all the answers

    Who should be contacted for assistance with an erroneous SBP election after receiving retired pay?

    <p>Navy Personnel Command Casualty Assistance Division</p> Signup and view all the answers

    Which form is referred to as the Reserve Component Survivor Benefit Plan Election Certificate?

    <p>DD 2656-5</p> Signup and view all the answers

    What is the purpose of the DD 2656-1 form?

    <p>Survivor Benefit Plan (SBP) Election Statement for Former Spouse Coverage</p> Signup and view all the answers

    What form is the DD 2656-2 associated with?

    <p>Survivor Benefit Plan (SBP) Termination Request</p> Signup and view all the answers

    Which form is designated for the Reserve Component Survivor Benefit Plan?

    <p>DD 2656-5</p> Signup and view all the answers

    What is the DD 2788 form specifically used for?

    <p>Child Annuitant's School Certification</p> Signup and view all the answers

    The DD 2656-10 form is utilized for what purpose?

    <p>Request for Deemed Election regarding SBP/RC SBP</p> Signup and view all the answers

    What is the name of the program that allows military retirees to provide a portion of their retired pay to beneficiaries after their death?

    <p>Survivor Benefit Plan (SBP)</p> Signup and view all the answers

    Which form must a retiree complete if they have no eligible beneficiary at retirement but wish to enroll in the SBP?

    <p>DD 2656-6</p> Signup and view all the answers

    How long does a Sailor have to provide a written request for former spouse SBP coverage after a divorce, if required by court order?

    <p>1-year period immediately following the divorce</p> Signup and view all the answers

    At what age is an unmarried minor child considered eligible for SBP coverage?

    <p>Age 18</p> Signup and view all the answers

    On what date does a spouse of a retiring Sailor become eligible for SBP coverage?

    <p>On the Sailor's date of retirement</p> Signup and view all the answers

    At what maximum age does an unmarried full-time student retain eligibility for SBP benefits?

    <p>22</p> Signup and view all the answers

    A disabled child remains eligible for SBP coverage for life if the disability occurred under what circumstances?

    <p>Both A and B</p> Signup and view all the answers

    What is the age limit for a disabled child to maintain SBP eligibility if they were a full-time student when the disability occurred?

    <p>22</p> Signup and view all the answers

    What condition must be met for a disabled child to remain eligible for SBP if they are already over age 22?

    <p>Must remain unmarried</p> Signup and view all the answers

    Which statement is true regarding the eligibility of children for SBP benefits?

    <p>A disabled child retains eligibility if the disability occurred before age 18 or before 22 as a full-time student</p> Signup and view all the answers

    Who is responsible for correcting, changing, or revoking an SBP election due to administrative errors?

    <p>The Secretary of the Navy</p> Signup and view all the answers

    What is the maximum percentage of the retiree's gross retired pay that SBP premiums can total?

    <p>40 percent</p> Signup and view all the answers

    After how many days must requests for administrative error correction be referred for adjudication?

    <p>120 days</p> Signup and view all the answers

    What is the premium rate for maximum spouse coverage under the SBP?

    <p>6.5 percent</p> Signup and view all the answers

    Which of the following is NOT a reason for the Secretary of the Navy to correct an SBP election?

    <p>Minor clerical mistakes</p> Signup and view all the answers

    How many days do retirees have from their date of submission to withdraw their termination request?

    <p>30 days</p> Signup and view all the answers

    What is the minimum number of years a spouse must be married to the retiree to qualify for coverage?

    <p>1 year</p> Signup and view all the answers

    If a retiree wishes to terminate their coverage, how long do they have to complete the process after submitting their request?

    <p>30 days</p> Signup and view all the answers

    To be eligible for coverage, retirees who were not married on their retirement date must have what requirement met regarding their spouse?

    <p>Must be married for at least 1 year</p> Signup and view all the answers

    Who should retired sailors contact for assistance with an erroneous SBP election upon receipt of retired pay?

    <p>Navy Personnel Command (NAVPERSCOM), Casualty Assistance Division (PERS-13)</p> Signup and view all the answers

    How many days before retiring or transferring to Full-Time Support (FTS) must one complete the DD 2656?

    <p>60 days prior to separation</p> Signup and view all the answers

    Study Notes

    Survivor Benefit Plan (SBP)

    • Purpose: To establish Navy policies and procedures for SBP participation
    • Instructions: OPNAV 1750.5A
    • Commander Designation: Navy Personnel Command (to establish/correct/revoke SBP elections)
    • Assistance with Erroneous Elections: Navy Personnel Command (NAVPERSCOM), Casualty Assistance Division (PERS-13)
    • Form for Retired Personnel Data: DD 2656
    • Completion Timeframe: 60 days prior to separation/transfer to FTS
    • Forms related to SBP: DD 2656-1 (Survivor Benefit Plan Election Statement), DD 2656-2 (SBP Termination Request), DD 2656-5 (Reserve Component Survivor Benefit Plan Election Certificate), DD 2656-6 (Change Certificate), DD 2656-7 (Verification for Survivor Annuity), DD 2656-10 (SBP/Reserve Component SBP Request for Deemed Election), DD 2788 (Child Annuitant's School Certification), DD 2790 (Custodianship Certificate)
    • Government Subsidized Annuity Program: Allows retirees to allocate a portion of their retired pay to an eligible beneficiary after death. This program is called the SBP program.

    Eligibility & Beneficiaries

    • Eligibility for Unmarried Minor Children: Up to age 18 (or 22 if a full-time student)
    • Disability Coverage: Lifetime or until age 18 (full-time student); before age 18 or 22 if the disability occurred beforehand
    • Spouse Eligibility: Married to the retiree for at least one year at the time of retirement. Spouse coverage eligibility starts on the sailor's date of retirement.
    • Administrative Error Correction: SECNAV can correct, change or revoke previous SBP elections if needed; Retired sailors have 120 days after receiving retired pay to request administrative error correction.
    • Spouse Coverage: 55 percent of the retiree's cost of living adjusted base amount
    • Maximum Premium Cost: 6.5 percent
    • Total Premium: cannot exceed 40 percent of the retiree's full gross retired pay
    • Termination Request Withdrawal: Retirees have 30 days to withdraw their termination request
    • Retired Spouses Without Prior Marriage: Retirees not married at retirement are still eligible for coverage if they have been married for at least 1 year prior to the retirement date.
    • Divorced Sailors for SBP coverage: If a divorced sailor is required by court order to provide SBP coverage to a former spouse, the former spouse needs to provide a written request within 1 year of the divorce date.
    • Unmarried Full-Time Students: Unmarried full-time students can be eligible SBP beneficiaries up to age 22.
    • Administrative Error Correction Timeframe: 120 days after receiving retired pay
    • Age Limit for SBP Consideration: Unmarried, minor children up to age 18, or 22 if a full-time student.
    • Active Duty Divorce and SBP Coverage: A sailor divorced while on active duty must provide a written request for former spouse coverage within one year of the divorce date.

    Other Information

    • Divorce and SBP: Former spouses are covered under SBP if the former spouse and sailor are required by court order
    • Divorce timeframe for SBP: Within one year of the divorce
    • Age Limitation for Minors: Age 18 for an unmarried, minor child; full-time students could be considered up to 22
    • Request Termination Timeframe: Retirees have 30 days to withdraw their termination request.
    • Divorced Sailors and SBP Coverage: Must provide written request within one year of divorce.
    • Retired or Transferring Timeframe: 60 days.
    • Child Coverage: Forms like DD 2788 and DD 2790 assist with claiming benefits for children of deceased service members.
    • SBP for Retirees (no prior marriage) : Retirees separated without being married can access SBP coverage if they were married for a minimum of one year before retiring.

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    Description

    This quiz provides an overview of the Navy's Survivor Benefit Plan (SBP) including its purpose, related forms, and the necessary procedures for participation. It addresses key aspects such as the timeline for completion and assistance with erroneous elections. Perfect for personnel involved in retirement planning and benefits administration.

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