SBP Optional Child Annuity

Learn about the elimination of the Optional Annuity for Dependent Children and who it affects. Previously, when a service member died on active or inactive duty in the line of duty, the surviving spouse could request to have their Survivor Benefit Plan annuity paid directly to an eligible dependent child or children. Beginning in 2023, however, the SBP monthly annuity payment must revert to the surviving spouse (once they submit documentation confirming eligibility).

Resources

• Where can listeners find additional information or support?
  • SBP 2023 Optional Child Annuity reversion and New Quick Reference Guide
  • “Manage Your SBP Annuity” webpage on DFAS’s website
• The Survivor Benefit Plan: Phase-Out of the SBP-DIC Offset Frequently Asked Questions
• SBP-DIC special focus webpage, FAQs and New Quick Reference Guide
• DFAS “Did You Know?” article
• Military OneSource Podcast — Changes to SBP and DIC Payments for Eligible Survivors