Payment to participant in Survivor Benefit Plan whose spouse dies before the participant

(a) Establishment Subchapter II of chapter 73 of title 10, United States Code, is amended by inserting, after section 1448a, the following new section: 1448b. Payment to participant whose spouse dies before the participant (a) Payment required The Secretary concerned shall make a one-time payment of $1,000 to a participant described in subsection (b). (b) Eligible participant A participant described in this subsection is a person— (1) who becomes a participant in the Plan on or after July 1, 2027; (2) whose beneficiary under the Plan is the spouse of such person; and (3) whose spouse dies before such person.. (b) Conforming reduction in retired pay Section 1452(a)(1) of such title is amended by adding at the end the following new subparagraph: (C) Additional reduction for payment to participant whose spouse dies before the participant The reduction under subparagraph (A) or (B) for a participant in the Plan who elects to provide spouse coverage on or after July 1, 2027, shall be increased by an amount prescribed in regulations by the Secretary of Defense as a premium for coverage under section 1448b of this title..

(a) Establishment Subchapter II of chapter 73 of title 10, United States Code, is amended by inserting, after section 1448a, the following new section: 1448b. Payment to participant whose spouse dies before the participant (a) Payment required The Secretary concerned shall make a one-time payment of $1,000 to a participant described in subsection (b). (b) Eligible participant A participant described in this subsection is a person— (1) who becomes a participant in the Plan on or after July 1, 2027; (2) whose beneficiary under the Plan is the spouse of such person; and (3) whose spouse dies before such person.. (b) Conforming reduction in retired pay Section 1452(a)(1) of such title is amended by adding at the end the following new subparagraph: (C) Additional reduction for payment to participant whose spouse dies before the participant The reduction under subparagraph (A) or (B) for a participant in the Plan who elects to provide spouse coverage on or after July 1, 2027, shall be increased by an amount prescribed in regulations by the Secretary of Defense as a premium for coverage under section 1448b of this title..