A bill to amend title 10, United States Code, to remove the reduction in the amount of Survivor Benefit Plan annuities at age 62.

Amends Federal provisions concerning military annuities under the Survivor Benefit Plan (SBP) to: (1) increase the SBP annuity for beneficiaries age 62 or older from 35 to 55 percent of the base amount of military retired pay; and (2) repeal the Supplemental Survivor Benefit Plan program.