Survivor Benefit Plan processing procedures change

By Directorate of Human Resources, Fort JacksonMay 8, 2014

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FORT JACKSON, S.C. (May 8, 2014) -- Due to the fiscal year 13 manpower reductions and to improve processing, changes were made to the Survivor Benefit Plan processing procedures.

The Fort Jackson Retirement Services Office, or RSO, will no longer provide retirement pay estimates to retiring Soldiers. The Department of the Army Retirement Services Office now requires that Soldiers go to the MyArmy-Benefits website at http://myarmybenefits.us.army.mil/ to calculate their retired pay and SBP premiums/annuities. The available calculators require a Common Access Card and retrieve the Soldier's personal information to populate the information required for the appropriate calculations. As a result, the calculators provide a very good estimate based on each Soldier's personal information.

To further enhance and expedite the process, when the RSO electronically sends the retirement order to the retiring Soldier, the email will include the above MyArmy-Benefits website link as well as the link to view the SBP briefing slides at www.armyg1.army.mil/rso/sbp.asp.

These slides must be reviewed by the Soldier and his or her spouse. The Soldier and spouse will then need to determine whether he or she will accept or decline to enroll in the SBP. If he or she decides to enroll, the Soldier will need to decide whether to take the full SBP amount or a reduced amount. The MyArmyBenefits calculators will provide the cost estimates to make an informed decision.

Soldiers who attend the scheduled SBP appointment with the RSO must have obtained their own estimates and made a decision on their SBP benefits before arriving. If a Soldier arrives for the SBP appointment and has not completed the required online estimate, the Soldier will be provided usage of a computer to access the MyArmyBenefits calculators and SBP briefing slides to make the necessary decision. The SBP appointment with the RSO will then be rescheduled until a later date when the required decision regarding SBP has been made.

For more information, call the Fort Jackson RSO at 751-6715/5523 or email: usarmy.jackson.imcom-hq.mbx.dhr-rso@mail.mil.

Related Links:

MyArmyBenefits

Survivor Benefit Plan briefings