Survivor Benefit Plan Update: Participants in the Uniformed Services Survivor Benefit Plan for retired military members now have a new milestone to mark on their calendars. Effective October 1, 2008, SBP participants who reach 70 years of age and have made 360 payments (30 years), will no longer have to pay premiums for continued SBP coverage and will be placed in “Paid-up SBP” status. …More