The VA offers a number of programs for payments and benefits for survivors of deceased servicemembers, including Servicemembers' Group Life Insurance, Veterans' Group Life Insurance, Service-Disabled Veterans' Insurance, Veterans' Mortgage Life Insurance, and the Survivor Benefit Program.
The Survivor Pension, also called the Death Pension, is available to eligible survivors and dependents of certain veterans who served during wartime. The amount of the Survivor Pension is income-based and is paid as a tax-free monthly benefit.
The Survivor Pension, also called the Death Pension, is available to eligible survivors and dependents of certain veterans who served during wartime.
The Survivor Benefit Plan, or “SBP,” is a Department of Defense annuity plan (similar to a life insurance policy) that provides monthly payments to eligible surviving family members upon a veteran retiree’s death.
A spouse who has not remarried or an unmarried child of a deceased wartime military veteran is eligible for a death pension administered by the VA.
Dependency and Indemnity Compensation, or “DIC,” is available to eligible survivors and dependents of veterans who had service-connected disabilities or diseases. The amount of DIC compensation is not based on income and is paid as a tax-free monthly benefit.
Dependents of certain veterans will be eligible for up to 45 months of education benefits through the Dependents Educational Assistance Program.
The Reserve Component Survivor Benefit Plan, or “RCSBP”, provides the same benefits to survivors of Reserve or Guard retirement-eligible servicemembers as the Survivor Benefit Plan provides to survivors of combat veterans.
Certain survivors of deceased veterans may be eligible for a 10-point preference in the federal hiring process called the derived preference.
Retirement pensions ends with death of a veteran. The Survivor Benefit Plan (SBP) compensates partly for this lost income. The plan provides qualified living family members of veterans a monthly earning, adjusted for inflation.