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What if the retiree does not have 360 months of paid-up premiums on October 1, 2008?

April 26, 2017months october 1 paid-up premiums retiree

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What if the retiree does not have 360 months of paid-up premiums on October 1, 2008?

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A retiree who does not have 360 months of paid-up premiums on October 1, 2008 is not eligible to have the SBP costs stopped. In these cases the retiree will receive an additional one-month credit for each month retired pay is reduced until 360 months of paid premiums is reached.