...Friendly Version LATEST ON CONCURRENT RECEIPT, SBP PAYMENTS -- DFAS representatives gave MOAA ... get payment increases to disabled retirees, SBP enrollees and military widows. Story here ...- The Latest on Concurrent Receipt, SBP Payments The Defense Finance and Accounting Service ... tens of thousands of disabled retirees, SBP enrollees and survivors. * VA Retro ... Paid-up Survivor Benefit Plan (SBP) As of this month, SBP payments ended for retirees who are at ... retired pay is taxable, whereas the SBP premiums were deducted before taxes. In December, DFAS will display an 'SBP Counter' on a retiree's... http://www.vawatchdog.org/08/nf08/nfoct08/nf101408-4.htm
... three years as a steep drop in SBP annuities, which had hit surviving spouses ... down and then eliminated last April. SBP participation for newly-minted retirees, ... and counseling sessions for retiring members on SBP since the plan began in 1972. Like many benefit experts, Snyder believes SBP can't be matched by alternatives ... is one of three features that make SBP incomparable to other investment options. Another is that retirees pay SBP premiums with pre-tax dollars, ... pay, and a proportional rise in SBP coverage. SBP gives no money back if spouse dies... http://www.vawatchdog.org/08/nf08/nfsep08/nf090808-3.htm
...Friendly Version SENATE VOTES AGAIN FOR FULL SBP TO WIDOWS -- By a 94 ... For more about the fight for full SBP, use the VA Watchdog search engine ...sessea rch.php?q=SBP&op=and Story here. ...-- Senate votes again for full SBP to widows By Tom Philpott, Special ... under the military Survivor Benefit Plan (SBP) when a surviving spouse opts to ... payments began, Kay Witt's SBP annuity was reduced an equal amount. SBP premiums paid by her husband since 1993, for the portion of SBP coverage eliminated, were returned to her... http://www.vawatchdog.org/08/nf08/nfsep08/nf091408-1.htm
... accumulated value of Survivor Benefit Plan (SBP) payments that, the widows contend ... category could be in line for hefty SBP repayments, too. That category is ... be exempt from the so-called SBP-DIC offset. Under SBP, servicemembers nearing retirement elect to pay ... disabilities. If a surviving spouse drawing SBP qualifies also for tax-free DIC, the law requires that taxable SBP be reduced dollar-for-dollar ... not realizing she was eligible to resume SBP given her age at remarriage. SBP isn't impacted by remarriage after... http://www.vawatchdog.org/08/nf08/nfFEB08/nf021508-1.htm
... dollar-for-dollar offset of SBP payments by DIC, the House version ... the military retiree was also enrolled in SBP, the surviving spouse's SBP benefits are reduced by the amount of .... A pro-rated share of SBP premiums, available through the Department of ... The Gold Star Wives believe that the SBP and DIC payments are paid for different reasons. SBP is purchased by the retiree and is ... died in 1987. He had purchased SBP, but you could only get one - either SBP or DIC. Some women do receive... http://www.vawatchdog.org/07/nf07/nfDEC07/nf120207-3.htm
... after retirement from the military. The SBP, administered by the Pentagon, is ...-duty troops are automatically covered by SBP. But when they retire, they ... DIC from the payment owed under the SBP a loss of $1,154 ... surviving spouses of veterans could collect both SBP and DIC at the same time. ... children are designated as beneficiaries in the SBP program, a spouse can get around ... the ban on the simultaneous receipt of SBP and DIC benefits for all surviving spouses ... would never have signed up for the SBP insurance program if they had known. ..., Department of Veterans' Affairs, SBP, DIC -----... http://www.vawatchdog.org/09/nf09/nfnov09/nf112009-2.htm
... offset between the Defense Department Survivor Benefit Plan, or SBP, and the VA Dependency and Indemnity Compensation, ... and I have long supported efforts to improve and expand SBP benefits, including the repeal of the requirement that ... receive this benefit, that amount is deducted from the SBP payment, in some cases wiping it out completely .... 13, 2006, after paying 30 years of SBP premiums. His death was considered "service- ..., Parks said. But that triggered cuts in her SBP payments, which took her by surprise. The ... of that back in taxes. The cuts to her SBP payment amounted to about $1,100 a... http://www.vawatchdog.org/08/nf08/nfJUL08/nf072808-5.htm
... should be eliminated along with the offset between DIC and the Survivor Benefit Plan (SBP), which is a purchased annuity. Career military retirees pay approximately six and a half percent of their retired pay to acquire SBP to ensure that their family has a guaranteed income. If that retiree dies due ... for DIC, but to accept DIC, the law requires an equal cut in SBP. This is unfair because the two benefits have separate and distinct purposes; SBP is like premium-based life insurance, and DIC is compensation for a service... http://www.vawatchdog.org/09/nf09/nfmay09/nf050609-2.htm
... should be eliminated along with the offset between DIC and the Survivor Benefit Plan (SBP), which is a purchased annuity. Career military retirees pay approximately six and a half percent of their retired pay to acquire SBP to ensure that their family has a guaranteed income. If that retiree dies due ... for DIC, but to accept DIC, the law requires an equal cut in SBP. This is unfair because the two benefits have separate and distinct purposes; SBP is like premium-based life insurance, and DIC is compensation for a service... http://www.vawatchdog.org/09/hcva09/hcva050509-1.htm
... did, and the payments began again, along with the continuation of her full SBP benefits. Following the 2003 veteran's act, Sharp expected that she ... However, in late 2004, the Department of Defense once again began offsetting her SBP compensation by the amount she was receiving through her DIC. The amount being .... Shortly after she began receiving her full payments from both the DIC and the SBP, Sharp bought her first new car and began to feel confident about being ... would more clearly repeal the offset provision for surviving spouses who receive money under the SBP. U.S. Rep. Frank Wolf (R-10)... http://www.vawatchdog.org/08/nf08/nfFEB08/nf020908-3.htm
