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I just turned 70 years old and have been paying into SBP for 360 months. Is it true the monthly premiums stop?

April 26, 2017months paying sbp turned

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I just turned 70 years old and have been paying into SBP for 360 months. Is it true the monthly premiums stop?

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In order to qualify for paid-up SBP, you must meet both requirements. If you are not yet 70 years old, your premiums will continue. Once a retiree reaches the age of 70 and has been paying into SBP for 360 months, premiums will stop, but the coverage will continue.