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DODD 7000.14-R VOL 7B CHAP 45
SURVIVOR BENEFIT PLAN PREMIUMS
Organization:
DODD - DoD Directives Service
Year: 2012
Abstract: GENERAL
Premium
The premium for Survivor Benefit Plan (SBP) coverage is based on the type of coverage (spouse and/or children, former spouse or former spouse and children, or natural person with an insurable interest) and the base amount, maximum or reduced, as elected by or on behalf of the member. The SBP premium increases at the same time and by the percentage as do increases for retired or retainer pay.
Premium Collection
Members electing SBP coverage shall pay a premium for such coverage. Premiums are collected either through reduction of retired pay or direct remittance.
Premiums Not Specified
All premiums not specified in this chapter are calculated by the Department of Defense (DoD) Actuary using assumptions (as to mortality and economic conditions) approved by the DoD Board of Actuaries and the Director of Military Compensation.
Premium
The premium for Survivor Benefit Plan (SBP) coverage is based on the type of coverage (spouse and/or children, former spouse or former spouse and children, or natural person with an insurable interest) and the base amount, maximum or reduced, as elected by or on behalf of the member. The SBP premium increases at the same time and by the percentage as do increases for retired or retainer pay.
Premium Collection
Members electing SBP coverage shall pay a premium for such coverage. Premiums are collected either through reduction of retired pay or direct remittance.
Premiums Not Specified
All premiums not specified in this chapter are calculated by the Department of Defense (DoD) Actuary using assumptions (as to mortality and economic conditions) approved by the DoD Board of Actuaries and the Director of Military Compensation.
Collections
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Statistics
DODD 7000.14-R VOL 7B CHAP 45
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| contributor author | DODD - DoD Directives Service | |
| date accessioned | 2017-09-04T17:34:38Z | |
| date available | 2017-09-04T17:34:38Z | |
| date copyright | 09/01/2012 | |
| date issued | 2012 | |
| identifier other | DFUFCFAAAAAAAAAA.pdf | |
| identifier uri | http://yse.yabesh.ir/std;query=autho47037D83081D-%206159DD6E273C9FCD0Facilities%20Engineering%20Command%22/handle/yse/157500 | |
| description abstract | GENERAL Premium The premium for Survivor Benefit Plan (SBP) coverage is based on the type of coverage (spouse and/or children, former spouse or former spouse and children, or natural person with an insurable interest) and the base amount, maximum or reduced, as elected by or on behalf of the member. The SBP premium increases at the same time and by the percentage as do increases for retired or retainer pay. Premium Collection Members electing SBP coverage shall pay a premium for such coverage. Premiums are collected either through reduction of retired pay or direct remittance. Premiums Not Specified All premiums not specified in this chapter are calculated by the Department of Defense (DoD) Actuary using assumptions (as to mortality and economic conditions) approved by the DoD Board of Actuaries and the Director of Military Compensation. | |
| language | English | |
| title | DODD 7000.14-R VOL 7B CHAP 45 | num |
| title | SURVIVOR BENEFIT PLAN PREMIUMS | en |
| type | standard | |
| page | 22 | |
| status | Active | |
| tree | DODD - DoD Directives Service:;2012 | |
| contenttype | fulltext |