SBP 2005/2006 Open Enrollment Period
Calculating Years Since Event (YSE).
To calculate the lump sum buy-in, requires determination of the YSE. To determine the YSE requires establishment of the earliest date a retiree could have made an election for the desired open enrollment coverage. The YSE will be the nearest whole year from the effective date of the election back to the earliest date the retiree could have made the election.
- The earliest date a retiree could have made an election is not dependent on the current dependent status.
- YES will not be adjusted for intervening periods where the SBP premium would have been suspended.
- The following scenarios provide examples of calculating YSE.
- YSE Example 1. Retiree is submitting an open enrollment election for Spouse on 5 October 2005. Retiree was married at retirement on 1 September 1980, divorced on 6 April 1982, and married current spouse on 1 November 1995. When the retiree retired he did not elect Spouse SBP. Based on this scenario the earliest date the retiree could have elected Spouse SBP was 1 September 1980. The nearest whole year to the event is 25. Therefore the YSE used to calculate OEIBP is 25. The period from 7 April 1982 to 1 November 1996 when SBP premiums would have been suspended have no bearing on determining YSE in this case.
- YSE Example 2. Retiree retired in September 1980 and submitted a Spouse open enrollment election October 2005. Retiree was married at retirement, divorced on 6 April 1982, and married current spouse on 1 November 1995. Retiree’s election at retirement was Spouse. On remarriage the retiree elected within one year of 1 November 1995 marriage not to resume coverage for new spouse. Based on this scenario the earliest date the retiree could have elected Spouse SBP and didn’t was 1 November 1996, the first anniversary of his new marriage. The nearest whole year to the event is nine. Therefore the YSE used to calculate OEIBP is nine. The period from 7 April 1982 to 1 November 1996 was a period when Spouse SBP premiums from his earlier election were suspended.
- The following tables provide further examples for determining the YSE. To use the tables you must first determine the election category that applies and find the retiree status that corresponds to your status. The right hand column, Date Used for YSE that corresponds to your desired election and status will provide the date you will use to calculate YSE.
Spouse Election |
Election |
Retiree’s Status |
Date Used for YSE |
Spouse |
Married at retirement to current spouse |
Date of retirement |
Spouse |
Married at retirement and elected Spouse SBP, lost spouse, premiums suspended, remarried and declined to cover new spouse |
First anniversary of the marriage to the new spouse. If remarried previous spouse who was SBP beneficiary at retirement, effective date is date of remarriage |
Spouse |
Not married at retirement, married later and did not elect SBP for Spouse |
First anniversary of the marriage |
Spouse and Child Election |
Election |
Retiree’s Status |
Date Used for YSE |
Spouse and Child |
Married to current spouse and had eligible children at retirement |
Date of retirement |
Spouse and Child |
Married at retirement and elected Spouse SBP Children Excluded, lost spouse, premiums suspended, remarried and declined to cover new spouse, still has eligible children |
Date of retirement for Child election and first Anniversary of the marriage for Spouse election |
Spouse and Child |
Married at retirement and elected Spouse SBP Children Excluded, lost spouse, premiums suspended, remarried and declined to cover new spouse, still has eligible children |
Date of retirement for Child election and first Anniversary of the marriage for Spouse election |
Former Spouse Election |
Election |
Retiree’s Status |
Date Used for YSE |
Former Spouse |
Married at retirement, did not elect Spouse coverage divorced |
Date of retirement |
Former Spouse |
Unmarried at retirement, married, did not elect SBP, divorced |
First anniversary of first marriage following retirement |
Former Spouse |
Divorced prior to retirement, declined SBP |
Date of retirement |
Former Spouse |
Married at retirement, elected SBP, divorced, remarried but elected within one year not to provide spouse coverage under section 1448(a),(6) of Title 10, USC |
Date of retirement
Note: Since Open enrollment election cannot be court ordered, could also have elected Spouse SBP for current spouse effective first anniversary of the marriage to the new spouse. If remarried previous spouse who was SBP beneficiary at retirement, effective date is date of remarriage |
Other Elections |
Election |
Retiree’s Status |
Date Used for YSE |
Child Only |
Had eligible child at retirement |
Date of retirement |
Child Only |
No eligible children at retirement, acquired eligible child after retirement and did not elect SBP coverage within one year |
Date acquired child |
Insurable Interest |
Could have elected insurable interest at retirement |
Date of retirement |
