Spouse/Former Spouse and Children
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.

Your Age
**Youngest Child 5
Spouse's Age

35
40
45 50
40 49Cents
38Cents 29Cents 26Cents
45 62Cents 49Cents 38Cents 34Cents
50 $1.00 79Cents 61Cents 55Cents

Example: 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.

Your Age
**Youngest Child 10
Spouse's Age

35
40
45 50
40 24Cents
18Cents 15Cents
11Cents
45  29Cents  22Cents  18Cents
 13Cents
50  46Cents  36Cents  29Cents  21Cents


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.

Your Age
**Youngest Child 15
Spouse's Age

35
40
45 50
40 8Cents
6Cents
5Cents
4Cents
45  10Cents 7Cents 6Cents
4Cents
50  15Cents  11Cents  9Cents 7Cents


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.