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when you finally docHub the point of being eligible for retirement from the military you will be faced with a very important decision sign up for the survivor benefit plan or not most servicemembers dont know exactly what this plan is or whether to enroll or not my name is Mitchell Hockenberry and Im going to explain to you what the survivor benefit plan is all about [Music] okay admit it you have been playing on getting 50% of your base pay at retirement for a long time and now all of a sudden the benefit folks at your tax class are telling you that you and your spouse need to make a decision of whether to enroll a survivor benefit plan or not there are lots of jargon words thrown around annuity beneficiary Cola Premium multiplier percent and threshold well youve come to the right place Im going to make this clear Im going to begin with an explanation of your pension when you retire you will get a pension this pension has been paid into since the first day you entered military se