| Member Survivor Benefit Plan Reduced Base Amount | | Description | Member Survivor Benefit Plan Reduced Base Amount is the specific dollar amount of Survivor Benefit Plan coverage a DoD Military Service member elects.
Usage
Member Survivor Benefit Plan Reduced Base Amount is used to document the specific dollar amount of Survivor Benefit Plan coverage a DoD Military Service member elects.
Member Survivor Benefit Plan Reduced Base Amount determines the value of annuities paid to the beneficiary/beneficiaries of a deceased retired or deceased retirement eligible DoD Military Service member who did not elect the full level of coverage for his/her Survivor Benefit Plan.
Member Survivor Benefit Plan Reduced Base Amount must be at least $300.00, and must be less than the value of full coverage afforded beneficiaries under a DoD Military Service member's Survivor Plan Benefit Plan (SPB). | |