Analysis of the Military Survivor Benefit Plan
Author: Robert F. Hale
Publisher:
Published: 1981
Total Pages: 116
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: Robert F. Hale
Publisher:
Published: 1981
Total Pages: 116
ISBN-13:
DOWNLOAD EBOOKAuthor: Etats-Unis. Congressional budget office
Publisher:
Published: 1981
Total Pages: 96
ISBN-13:
DOWNLOAD EBOOKAuthor: James Hosek
Publisher:
Published: 2018
Total Pages: 0
ISBN-13: 9780833099938
DOWNLOAD EBOOKChapter one, Introduction. -- Chapter two, A description of SBP and military survivor benefits. -- Chapter three, How do SBP benefits compare with survivor benefits available to government and private-sector employees? -- Chapter four, Evaluating the effectiveness of SBP. -- Chapter five, Feasibility and advisability of providing SBP commercially. -- Chapter six, Conclusion. -- Appendixes. -- References.
Author: John R. Adams
Publisher:
Published: 1990
Total Pages: 103
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 2007
Total Pages: 53
ISBN-13:
DOWNLOAD EBOOKInvesting for one's future is a concern for the majority of military retirees. Service members have more choices than their civilian counterparts when planning for retirement. One alternative available to military members is the Survivor Benefit Plan (SBP), which allows retirees to provide for their family's welfare in the event of their untimely death. The purpose of this paper is to analyze the cost effectiveness of SBP in comparison to other insurance or investment options. This paper provides an overview of SBP and possible alternatives. Additionally, a mathematical model has been constructed that conducts a cost-benefit analysis of SBP and alternatives to determine the most beneficial course of action for future retirees. Our major conclusion is that SBP is the most attractive available option only if the military member expects to live for a sufficiently long period and also expects his (or her) spouse to outlive him by a significant amount. However, this result is sensitive to rate of inflation.
Author: David F Burrelli
Publisher:
Published: 2004
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Forrest D. Baumhover
Publisher: Createspace Independent Publishing Platform
Published: 2016-06-23
Total Pages: 86
ISBN-13: 9781534883956
DOWNLOAD EBOOKFinally, together in one place, a comprehensive resource to help military members and their families learn about the Survivor Benefit Plan. Choosing whether or not to select the Survivor Benefit Plan is a very personal decision, and you deserve to have the most information and insight possible so that you make the right decision for your situation. This book is a starting point for what you need to know so that you can formulate your own decision when it comes to selecting the Survivor Benefit Plan upon your retirement. This book points you to all the available DoD resources, and gives you information to promote your critical thinking. Follow practical case studies based upon families like yours, and the ones you see throughout your career. Perhaps you'll see yourself in one of their stories and know the steps to take to start your journey about whether or not to choose to participate in the Survivor Benefit Plan. Over the next few decades, hundreds of thousands of military families will be making their transition into military retirement. Learn how you can address the financial risks that you and your family face, and make the right financial decision as you choose whether or not the Survivor Benefit Plan is right for you. This book is a quick read, and designed to be both a personal and informational resource for you to make one of the most important decisions of your military transition.
Author: United States. General Accounting Office. Office of the General Counsel
Publisher:
Published: 1994
Total Pages: 70
ISBN-13:
DOWNLOAD EBOOKAuthor: Andrew W. Hovanec
Publisher:
Published: 1995
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKThe Survivor Benefit Plan is a voluntary program designed to provide income protection for dependent survivors of members of the armed forces who die in retirement or while on active duty after reaching retirement eligibility. Obligations of the Federal government, arising under the Survivor Benefit Plan, to survivors are paid from the Military Retirement Fund. United States Code Title 10, Section 1452 requires persons participating in the Plan, and not entitled to retired pay, must deposit in the U.S. Treasury vice the Military Retirement Fund the premium payments that would otherwise have been deducted from their retired pay for that period. The member is required to pay premiums due to the Plan through a process called direct remittance. This thesis determined the annual amount of direct remittances arising from the Survivor Benefit Plan, and analyzed the financial loss to the Military Retirement Fund due to the diversion of these funds to the U.S. Treasury. An understanding of this process and the unique problems that direct remittances from the Survivor Benefit Plan represent provides a valuable contribution to understanding the accounting and valuation process of the Military Retirement Fund.
Author: Andrew W. Hovanec
Publisher:
Published: 1995
Total Pages: 85
ISBN-13:
DOWNLOAD EBOOKThe Survivor Benefit Plan is a voluntary program designed to provide income protection for dependent survivors of members of the armed forces who die in retirement or while on active duty after reaching retirement eligibility. Obligations of the Federal government, arising under the Survivor Benefit Plan, to survivors are paid from the Military Retirement Fund. United States Code Title 10, Section 1452 requires persons participating in the Plan, and not entitled to retired pay, must deposit in the U.S. Treasury vice the Military Retirement Fund the premium payments that would otherwise have been deducted from their retired pay for that period. The member is required to pay premiums due to the Plan through a process called direct remittance. This thesis determined the annual amount of direct remittances arising from the Survivor Benefit Plan, and analyzed the financial loss to the Military Retirement Fund due to the diversion of these funds to the U.S. Treasury. An understanding of this process and the unique problems that direct remittances from the Survivor Benefit Plan represent provides a valuable contribution to understanding the accounting and valuation process of the Military Retirement Fund.