A bill to amend title 10, United States Code, to repeal the requirement for the reduction of certain Survivor Benefit Plan annuities by the amount of dependency and indemnity compensation and to modify the effective date for paid-up coverage under the Survivor Benefit Plan.
Military Retiree Survivor Benefit Equity Act of 2005 - Repeals the requirement that military Survivor Benefit Plan (SBP) annuities be reduced by the amount of survivors' dependency and indemnity compensation being received by such individuals. Prohibits the: (1) payment of retroactive benefits; and (2) recoupment of military retired pay amounts previously refunded to SBP participants.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S593-594)
Read twice and referred to the Committee on Armed Services. (text of measure as introduced: CR S594)
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