Does SSR automatically delete off old recovery point after a new recovery point set is created

Hi,

I am using Symantec System Recovery 2013 and i have set the backup to create a new recovery point set on the 1st day of the month with limits on the incremental recovery point set at 30.

So rightfully at end of the month, i will have 1 full base backup and 30 incremental set

Can i check if SSR 2013 will automatically delete off the 30 old incremental point set + old full base backup after the full backup is done on the 1st day of the month assuming i have enough disk space.

Any advice will be appreciated. Thanks

Regards,

Jeffrey