DODD 7000.14-R VOL 7B CHAP 44
SURVIVOR BENEFIT PLAN (SBP) – BENEFICIARIES
| Organization: | DODD |
| Publication Date: | 1 November 2011 |
| Status: | active |
| Page Count: | 8 |
scope:
BENEFICIARIES IN GENERAL
The eligible beneficiaries under the SBP are the spouse and/or dependent children, a former spouse and/or dependent children, or a natural person with an insurable interest, providing they meet certain eligibility requirements. The election, if required, must be received within the time period allowed. An individual may not receive more than one annuity as the surviving spouse or former spouse of different members (see Chapter 46 of this volume); however, an individual may be the recipient of two or more annuities concurrently, so long as only one is a spouse or former spouse annuity. For example, the child of two members could receive an annuity from each parent, or an individual who was a spouse beneficiary of one member could also be a beneficiary of another member under the insurable interest category.
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