Bill > S1076

This bill, titled the Disabled Military Child Protection Act of 2013, amends Title 10 of the United States Code to allow monthly annuity payments from the Survivor Benefit Plan (SBP) to be made directly to a supplemental or special needs trust established for the sole benefit of a disabled dependent child of an SBP participant. These trusts are specifically designed to hold funds for individuals with disabilities without jeopardizing their eligibility for government benefits, and this bill clarifies that such trusts are eligible beneficiaries for SBP annuities, ensuring that disabled children incapable of self-support due to mental or physical incapacity receive these crucial survivor benefits. The bill also updates regulations to include these special needs trusts in the payment and management of SBP annuities, outlining procedures for when payments to the trust should cease, such as upon the death or marriage of the child for whom the trust was created.