Posted on Apr 26, 2015
Lt Col Fred Marheine, PMP
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I'm guessing this doesn't affect many of us, but the manner in which DFAS adjusted their interpretation is troubling at least. In essence, those divorced retirees with a "former spouse" election on SBP can no longer transfer the SBP benefits to a subsequent spouse should the ex-spouse pre-decease the veteran. What are your thoughts? Are there other "interpretations" they've changed we don't know about?

http://www.militarytimes.com/story/military/benefits/2015/04/20/dfas-sbp-interpretation-former-spouse/25826965/
Posted in these groups: Retirement logo RetirementMain benefits 1335181026 Benefits
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Responses: 7
SFC Mark Merino
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Whaaaaaaaat
Thanks for putting this out to the community. I need to make some phone calls and make sure my current wife is the actual recipient of my SBP bennies. If my ex discovers a glitch in the system because of these changes, I'm a dead man.
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MAJ Armored Combat Command Commander
MAJ (Join to see)
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Let's take a simple look $300 X 12 months X 20 years is $72,000. If this is true then we need to rally to change this. That is some serious bucks they are trying to steal.
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GySgt Wayne A. Ekblad
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Edited >1 y ago
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Lt Col Fred Marheine, PMP
Lt Col Fred Marheine, PMP
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All I can say is I did search to try and see if it was already posted...I'm sure our intrepid member admins will soon merge the two. Thanks for pointing it out.
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GySgt Wayne A. Ekblad
GySgt Wayne A. Ekblad
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Lt Col Fred Marheine, PMP
No problem! I am actually wondering why it didn't/doesn't show up as a similar discussion --- maybe it has something to do with the tags I used vs. what you used. Who knows ...
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SSG Trevor S.
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Thank you for letting us know. I hope to stay married, but if some issue happens it is good to know I would need to make these changes.
I agree with MAJ (Join to see) that this is a scheme to cheat retiree spouses out of money actually invested. Watch for the Government to try this with Social Security at some point with the same goal of cheating people to save money.
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Lt Col Fred Marheine, PMP
Lt Col Fred Marheine, PMP
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Agree the change explicitly and expressly benefits the government by denying the veteran a benefit they have paid for (or continue to pay for if not yet 'paid up'). It's reasonable for the Government to require the veteran to take action within a certain timeframe after the Ex dies to make the switch, but denying it at all amounts to theft in my opinion.
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