The unit will provide the Soldier's administrative assistance to ensure the DD Form 2656-5 (Reserve Component Survivor Benefit Plan) is completed correctly.
The Soldier will be allowed 90 days to complete and return the DD Form 2656-5. Return the DD Form 2656-5 in the pre-addressed envelope that was provided with the Retirement Packet to ensure it is received by the Retirement Section for processing.
The unit will counsel the Soldier regarding responsibilities for ensuring all signatures on the forms being submitted are original. In addition, explain the following options for Survivor Benefits Plan to the Soldier.
Option A - I decline to make an election at this time (I will remain eligible to make an election for coverage at age 60). This means that if the Soldier dies before age 60, all benefits are lost. Spouse’s notarized signature is required to decline election.
Option B – I elect to provide an immediate annuity beginning on the 60th anniversary of my birthday should I die before that date, or on the day after date of death should I die on or after my 60th birthday. This means that benefits are not payable until the Soldier would have turned 60. Spouse signature and notary is required.
Option C – I elect to provide an immediate annuity beginning the day after my death, whether before or after age 60. This means benefits are payable the day after death no matter what age the Soldier is at the time of his/her death. Spouse’s signature and notary are not required.