Elimination of the SBP DIC Offset

Credit: Mark Overberg | Date Taken: 10/05/2020
Are you a surviving spouse eligible for both the Survivor Benefit Plan (SBP) annuity and the Dependency Indemnity Compensation (DIC)? If so, you are seeing a reduction in your SBP annuity by the DIC. This reduction or offset is being phased out and you may see changes in your SBP annuity starting February 1, 2021. Watch the video to find out more.