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Is a retiree who has paid SBP premiums for 360 months or more but has not reached age 70 eligible to have premiums terminated?

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Is a retiree who has paid SBP premiums for 360 months or more but has not reached age 70 eligible to have premiums terminated?

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No. In order to qualify for the termination of SBP premiums, a retiree must satisfy both requirements of the law. The retiree must be age 70 or older and made payments for at least 360 months of SBP costs.

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