SBP

Question 0

What does RCSBP stand for?

Answer 0

Reserve component survivor benefit plan

Question 1

What does SBP stand for?

Answer 1

Survivor Benefit Plan

Question 2

What form # is the SBP enrollment on?

Answer 2

CG-4700

Question 3

Where is the CG-4700 mailed off to?

Answer 3

PPC (RAS) Retiree & Annuitant Services

Question 4

How many days prior to retirement date must the CG-4700 be sent to PPC (RAS)?

Answer 4

30 days

Question 5

Is SBP pay-outs taxable income?

Answer 5

Yes

Question 6

At what age does annuity decrease?

Answer 6

63

Question 7

Blocks 19 & 20 on CG-4700 are?

Answer 7

Marital and dependent status

Question 8

Requirements of a witness for signatures?

Answer 8

Must be over 18 yrs old and not a family member

YN may be a witness

Question 9

Reserve mbr must submit CG-11221 within what timeframe?

Answer 9

Within 90 days of receipt of your 20-year letter

Question 10

If RCSBP mbr doesn’t submit CG-11221, what happens?

Answer 10

Mbr is automatically enrolled in maximum level of SBP

Question 11

Does the spouse need to concur and have spouse’s signature notarized?

Answer 11

Yes and yes

Question 12

If a RCSBP mbr acquires a spouse or child, how long does that mbr have to elect RCSBP For that depn?

Answer 12

Within 1 year of acquisition

Question 13

Medical and other benefits related: What do dependent a get if retired member dies before age 60?

Answer 13

Exchange and commissary privileges immediately, but medical benefits won’t kick in until the retiree would have reached age 60.