Threat Advisory Defcon alert - Elevated
United States Department of Defense - Defense.gov

 

 

 

Spouse (Former Spouse) and Children Coverage

Child coverage may be added to spouse or former spouse coverage. In this case, SBP payments will be made to the children if the surviving spouse or former spouse dies or otherwise becomes ineligible for the annuity. Eligible children divide the annuity equally.


When you include child coverage with former spouse coverage, only your children of that former spouse are covered. Any other children will not be paid benefits under this option. In the child only option or when you include children with spouse (not former spouse) coverage, all of your children are covered.


Cost


The cost of child coverage that is in conjunction with spouse or former spouse coverage is the sum of spouse/former spouse coverage and an additional cost for the child. The additional child portion of the cost is based upon

  • your age
  • your spouse/former spouse’s age
  • and your youngest covered child’s age.

The tables below (effective as of January 1, 2010) show the monthly cost of the child portion of spouse (former spouse) and child coverage per $1,000 of covered retired pay. These tables show costs for differing ages of the youngest child. This cost is in addition to the cost for your spouse (former spouse) coverage.

       

YOUNGEST CHILD AGE 5

Your Age

Spouse’s Age

35

40

45

50

40

49 Cents

38 Cents

29 Cents

26 Cents

45

62 Cents

49 Cents

38 Cents

34 Cents

50

$1.00

79 Cents

61 Cents

55 Cents

5Example: If you are age 45, your spouse is age 35, and your youngest child is age 5 at the time of your retirement the cost per $1,000 of covered retired pay is 62 cents.

         

YOUNGEST CHILD AGE 10

Your Age

Spouse’s Age

35

40

45

50

40

24 Cents

18 Cents

15 Cents

11 Cents

45

29 Cents

22 Cents

18 Cents

13 Cents

50

46 Cents

36 Cents

29 Cents

21 Cents

Example: If you are age 45, your spouse is age 45, and your youngest child is age 10 at the time of your retirement the cost per $1,000 of covered retired pay is 18 cents.

         

YOUNGEST CHILD AGE 15

Your Age

Spouse’s Age

35

40

45

50

40

8 Cents

6 Cents

5 Cents

4 Cents

45

10 Cents

7 Cents

6 Cents

4 Cents

50

15 Cents

11 Cents

9 Cents

7 Cents

Example: If you are age 45, your spouse is age 40, and your youngest child is age 15 at the time of your retirement the cost per $1,000 of covered retired pay is 7 cents.

If your spouse dies or you divorce and choose not to continue with former spouse coverage, then your premium will be changed to the higher children only coverage based on your age and your youngest child’s age at the time the election is changed.

 

 


 

 

 



 


<