Federal Register - June 17, 2021
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Source: Federal Register
Federal Register / Vol. 86, No. 115 / Thursday, June 17, 2021 / Rules and Regulations
32203
Table 1: Notional Examples of Benefits Following a Service Members Death on Active Duty Fiscal Year 2021 Values
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Description
Service Members Group Life Insurance SGLI
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Death Gratuity
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Life insurance. All members are automatically covered unless declining coverage. Amount shown assumes member elected maximum coverage.
Payment is tax-free.
Immediate tax-free payment to eligible survivors of members who die while on active duty or certain inactive duties.
Amount does not vary.
Total Immediate Payments
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Survivor Benefit Plan SBP
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Dependency and Indemnity
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Annuity paid to the surviving spouse for life, or until remarriage if surviving spouse remarries prior to age 57. This payment is offset by Dependency and Indemnity Compensation DIC, if DIC is paid to the spouse. 20
Tax-free monetary benefit paid to eligible survivors of military
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b E-6 10 YOS
Married age 29 with Two Children
$400,000
$400,000
$100,000
$100,000
$100,000
$500,000
$500,000
$500,000
$41,304
$25,013 after DIC offset
$17,274
$984 after DIC
offset
$10,679
fully offset by DIC
$24,362.40
$24,362.40
$20,326.56
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Amount
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c E-4 3 Years of Service Married age 22 with One Child Amount
$400,000
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ER17JN21.000
Type of Payment
a 0-5 19 16
Years of Service Married age 38 with Two Children Amount
