Survivor Benefit Plan

Are You Retiring? The Survivor Benefit Plan is a mandatory vMPF appointment. Plan ahead and make your appointment in time to make an informed decision. Call the Ellsworth AFB Survivor Benefit Plan Counselor at (605) 385-4663 to schedule an appointment today.

Have you calculated your Retired Pay or SBP costs yet? Visit the AFPC Retirement and SBP Cost Estimate web site at:

https://w20.afpc.randolph.af.mil/retsepcalcnet35/Default.aspx

The Pay estimator was created to simplify retirement pay estimates. Retirement estimates include SBP cost and annuity estimates. No longer do you have to get out the calculator and try to figure out how to do a Retirement estimate. Simply fill in the necessary dates, click a button and you have an instant estimate.

Are you nearing your military retirement date? Keep in mind that retired pay is paid ONLY for the life of the member.  Prior to retiring you must decide whether you want to cover a portion of your retired pay under the Survivor Benefit Plan (SBP). We buy insurance to protect us from the financial hardships of events we can’t foresee, like car wrecks and house fires.  It protects our valuable assets.  Your retired pay is one such valuable asset. However, your retired pay will STOP when you die! Since you can’t foresee when that will be, it is important that you insure it. Think of SBP as a form of life insurance for part of your retired pay. Download this article to learn about what actions to take in regards to the Survivor Benefit Plan.


Survivor Benefit Plan Information
Retiree Responsibilities
Coverage Options


Other Resources

SBP Decision Considerations
SBP Coverage Costs
Your Guide to Survivor Benefits (DFAS-CL 1340.3-G)