RESERVE COMPONENT SURVIVOR BENEFIT PLAN (RC-SBP)

         Key Info

What is the RC-SBP

The RC-SBP is designed to provide a benefit to a Soldiers dependent(s) in the event of the Soldier's death prior to age 60 or their early retirement eligibility date. Cost will not exceed 3.5% of the gross retired pay amount for RC-SBP coverage.

Option A: Decline Coverage

In order to decline coverage until age 60 or their reduced age eligibility date a Soldier must provide a notarized DD Form 2656-5, RC-SBP Election Certificate with Soldier and spouse signatures. The Soldier will not pay any premiums for the RC-SBP.

Option B: Deferred Annuity

A deferred annuity would delay the payment of a Soldier's retirement pay to their dependent(s) until the Soldier's 60 birthday or early retirement eligibility date. To select Option B a Soldier must provide a notarized DD Form 2656-5, RC-SBP Election Certificate with Soldier and spouse signatures.

Option C: Immediate Annuity

An immediate annuity would be paid to the Soldier's dependent(s) upon death. This is the default option if a Soldier does not make an election of either Option A or B within 90 days of recieving their 20 yr letter.

Important!

Soldiers who receive a 20 yr. letter have 90 days to make an election, if no selection is made within 90 days the RC-SBP defaults to the Immediate Coverage option for their dependents that are listed in DEERS. If a Soldier declines coverage they will have to wait until age 60 or their reduced age eligibility date to opt in for SBP.

Who to contact


For questions related to the RC-SBP please contact the GAARNG G-1 Retirement Office   ng.ga.gaarng.list.ngga-g1-retirements@mail.mil