
Military Retirement and the Survivor Benefit Plan
When you retire from military service after 20 or more years, you will need to make decisions about your future and the future of your family. Military retirement benefits end upon the death of the retiree unless the retiree enrolled in the Survivor Benefit Plan.
At retirement, you have the option of enrolling in a Survivor Benefit Plan (SPB). A SBP provides a monthly income, also known as an annuity income, to beneficiaries in the event of your death. This income is not fixed, it is adjusted annually for inflation.
For more information about the Survivor Benefit Plan, Click Here.