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Retired and annuitant pay is due on the first of the month. However, if the first falls on a weekend or holiday, retirees get paid on last business day of the prior month and annuitants get paid on the first business day of month.
Department of Defense (DOD) Active Duty, Reservists, and Retirees Air Force, Army, Marine Corps, Navy, Space Force active duty or Reserve Call 1-888-332-7411. Retiree, survivor, or beneficiary Call 1-800-321-1080.
As an SBP participant you have a one-year window to terminate SBP coverage between the 2nd and 3rd anniversary following the date you begin to receive retired pay. None of the premiums you paid will be refunded and no annuity will be payable upon your death.
New Retirements Your first retired pay should be processed in 30 to 45 days after your retirement date. However, this can only happen if we receive a complete retirement package, including a correct DD Form 2656.
Normal processing time for claims is 60 days from the date we receive it. If youve already submitted a claim and want to check the status, please call our Customer Care Center at 866-912-6488 between the hours of 7:30 a.m. and 4 p.m. eastern standard time.
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DFAS pays all DoD military and civilian personnel, retirees and annuitants, as well as major DoD contractors and vendors. DFAS also supports customers outside the DoD in support of electronic government initiatives.
The cost of SBP is the same for everyone6.5% of the pension, deducted automatically from their retirement pay. The SBP beneficiary receives payment only upon the death of the insured veteran.
Annuity payments stop when your beneficiary dies or becomes ineligible to receive the annuity. For example, payments stop for many children covered under the SBP annuity when they docHub age 18 (if they are not in school full-time or incapacitated). The SBP annuity will terminate at any time if the child marries.
Military retiree and annuitant payday is always on the first business day of the month. If the first of the month is a Saturday, Sunday or a holiday, payday will always occur the previous business day.
You need to complete the form DD 2894 and mail or fax it to Retired and Annuitant Pay to be processed. Normal processing time is approximately 30 days after receipt of this completed form.

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