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U.S. Department of Defense Form DD2656-5 RESERVE COMPONENT SURVIVOR BENEFIT PLAN (RCS BP)ELECTION CERTIFICATE FORM NUMBER: DD2656-5 FORM TITLE: RESERVE COMPONENT SURVIVOR BENEFIT PLAN (RCS BP)ELECTION

How to fill out dd2656 5 form

How to fill out dd2656 5:

1. Obtain the form: The first step is to acquire the dd2656 5 form, which is also known as the "Retirement Application - Data for Payment of Retired Personnel." This form is used to provide necessary information for retired military personnel to receive their retirement benefits.
2. Personal Information: Begin by filling out your personal information. This includes your full name, social security number, mailing address, and contact information. Make sure to provide accurate and up-to-date details.
3. Retirement Information: Now, move on to the section regarding your retirement information. This includes your branch of service, component, and pay grade at the time of retirement. Enter the date of your retirement and specify whether it is for longevity, temporary disability, or permanent disability.
4. Survivor Benefit Plan (SBP): If you opted for the Survivor Benefit Plan, indicate your election and provide the necessary information about your beneficiary, including their full name, social security number, and relationship to you.
5. Annuity Start Date: Indicate the date you wish to start receiving your annuity. This can either be the first day of the month following your retirement date or any future date.
6. Direct Deposit: Provide your banking information for direct deposit of your retired pay. This includes your bank's routing number and account number. Ensure correct and accurate details to avoid any delays or payment issues.
7. Witness and Signature: The last step is to have a witness sign and date the form. This witness should be someone authorized to administer oaths, such as a notary public or military personnel officer. Sign and date the form yourself as well.

Who needs dd2656 5:

1. Retired military personnel: The dd2656 5 form is primarily required by retired military personnel who are eligible to receive retirement benefits. It is essential for those individuals who served in the armed forces and have reached the point of retirement.
2. Family members and beneficiaries: In addition to the retired individual, family members and beneficiaries are also involved in the process. They may be required to provide their personal information as part of the Survivor Benefit Plan (SBP) section of the form.
3. Defense Finance and Accounting Service (DFAS): The DFAS is responsible for processing retirement paperwork and determining retired pay. They require the dd2656 5 form to accurately assess an individual's retirement eligibility and benefits.

It is crucial to consult the official instructions and guidelines provided with the dd2656 5 form to ensure accurate and complete completion. Additionally, seeking assistance from a military personnel officer or retirement services office can also be beneficial to navigate the process effectively.

For pdfFiller’s FAQs

What is dd2656 5?

dd2656 5 is a form used by military members to elect how their Survivor Benefit Plan (SBP) should be paid out.

Who is required to file dd2656 5?

Military members who want to participate in the Survivor Benefit Plan (SBP) are required to file dd2656 5.

How to fill out dd2656 5?

DD Form 2656-5 can be filled out electronically using the Defense Finance and Accounting Service (DFAS) website or by completing a paper form.

What is the purpose of dd2656 5?

The purpose of dd2656 5 is to allow military members to designate how their Survivor Benefit Plan (SBP) should be paid out in the event of their death.

What information must be reported on dd2656 5?

DD Form 2656-5 requires information about the designated beneficiary, the desired type of coverage, and the payment option selected.

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