Category:
Retired Pay

Subcategory:
Survivor Benefit Plan

Created:
2011-03-01

Modified:
2011-03-01

Cost of living adjustment

Question

Is SBP adjusted to compensate for increases in the cost of living?

Answer

Yes. This feature helps keep SBP's purchasing power in step with tomorrow's dollar value. All features of SBP are increased by the same percentage as the retiree Cost of Living Adjustment (COLA). The ratio of cost to benefit is constant.

Current Viewer Rating for this FAQ 3.5 out of 5

Provide your input by Rating this FAQ - 5 is the best possible rating.