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SURVIVOR BENEFIT PLAN PREMIUMS

contributor authorDODD - DoD Directives Service
date accessioned2017-09-04T17:34:38Z
date available2017-09-04T17:34:38Z
date copyright09/01/2012
date issued2012
identifier otherDFUFCFAAAAAAAAAA.pdf
identifier urihttp://yse.yabesh.ir/std;query=autho47037D83081D-%206159DD6E273C9FCD0Facilities%20Engineering%20Command%22/handle/yse/157500
description abstractGENERAL
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.
languageEnglish
titleDODD 7000.14-R VOL 7B CHAP 45num
titleSURVIVOR BENEFIT PLAN PREMIUMSen
typestandard
page22
statusActive
treeDODD - DoD Directives Service:;2012
contenttypefulltext


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