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S 763 106th Congress Senate Armed Forces and National Security Annuities Labor and Employment Military pensions Survivors' benefits

SBP Benefits Improvement Act of 1999

Introduced: April 12, 1999 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 12, 1999
Read twice and referred to the Committee on Armed Services.
Apr 12, 1999
Sponsor introductory remarks on measure. (CR S3595)
Apr 12, 1999
Introduced in Senate
 Plain-English summary Congressional Research Service

SBP Benefits Improvement Act of 1999 - Amends Federal provisions concerning the military Survivor Benefit Plan (SBP) to adjust the basic SBP annuity amount for surviving spouses age 62 or over of former military personnel to: (1) 35 percent of the retired pay of the decedent, for months beginning on or before the enactment of this Act (current law); (2) 40 percent of such pay, for months beginning after the date of enactment of this Act until October 2004; and (3) 45 percent of such pay, for months beginning on or after October 2004.

Adjusts similarly the authorized percentage amounts of SBP supplemental annuity authorized to be provided for such surviving spouses.

Directs the Secretary of Defense to ensure appropriate adjustments in the computation of retired pay reductions for such supplemental annuities made necessary by this Act.

What's happening now April 12, 1999

Read twice and referred to the Committee on Armed Services.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1