To amend title 10, United States Code, to change the effective date for paid-up coverage under the military Survivor Benefit Plan.

Amends federal provisions relating to the military Survivor Benefit Plan (SBP) to change from October 1, 2008, to October 1, 2007, the effective date on or after which no reduction may be made in the retired pay of an SBP participant for any month after the later of: (1) the 360th month for which such pay was so reduced; and (2) the month during which the participant attains 70 years of age.