personal finance
Resources for Survivor Benefit Plan Decision
When you retire, you need to decide if you want to take the Survivor Benefit Plan (SBP) that allows your designated family member to receive a percentage of your pension in the even of your death. This is a very important and individual decision.
The default if you do nothing is that your spouse gets the full SBP. If you want to take anything less than this, he/she has to agree and sign the form that you submit electing less than full SBP.
Here are some of the resources that may be useful to those facing the decision:
DFAS Understanding SBP, DIC and SSIA Webpage
Department of War Office of the Actuary SBP Financial Analysis Tools
Here is a paid link that gets me a small commission for a very short book that I found useful about the SBP:
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