Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
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sabrelove
pteadams2002
6 posters
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Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
VAC's ELB is maxed at 2% CPI, got ya!! I've never had SISIP until recently, so the max SISIP CPI is 2%? I had read in the Claxton Papers that ELB was 2% because it was linked to SISIP. Not exactly sure what that would have to do with anything, other than a stipulation stating exactly that fact! Would you happen to have a link where I could peruse this in writing that SISIP CPI will be no more than 2%?
beleaf67- CSAT Member
- Number of posts : 136
Location : stillwater lake, ns
Registration date : 2012-11-30
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
belea pleas read sisip policy no.901102 division 23 c and 24 a and b as your lack of information may create confusion in thoes that need help understanding this.
propat
propat
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
belea cppd is reduced dollar for dollar for these guys that are asking the question ie;the guys that are asking should they apply.the only thing that is not clawed back is the indexing witch they will not get till next year.
propat
propat
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
belea indexing for sisip ltd is maxed at 2%.
propat
propat
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
Beleaf. SISIP LTD and VAC's ELB are maxed at a 2% COLA per year, regardless of what the national CPI indexing rate is.
bigrex- CSAT Member
- Number of posts : 4060
Location : Halifax, Nova Scotia
Registration date : 2008-09-18
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
Yes, your LTD will be reduced, not dollar for dollar mind you! The 75% rule will still apply to your LTD, the only difference now being LTD can't include your VAC or ELB monthly pension, if you have one that is! LTD for myself, for example, would be 75% of my pre release base salary, minus any CF Annuity and/or the basic individual CPP amount, minus any dependent
beleaf67- CSAT Member
- Number of posts : 136
Location : stillwater lake, ns
Registration date : 2012-11-30
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
Indexing is not maxed at 2% in my experience! Indexing is based on the cost of living factors applied on a national basis! These last few years have been in that range simply due to the fact that the cost of living was in that range.
beleaf67- CSAT Member
- Number of posts : 136
Location : stillwater lake, ns
Registration date : 2012-11-30
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
Roger that...thanks propat
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
wills maybe thats why they max their indexing at 2%.
propat
propat
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
wills they do clawback dollar for dollar buds but they do not clawback your indexing.
propat
propat
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
My personal experience is that, YES, SISIP made me apply for CPPD. I applied and was accepted. I receive approx 1187 per month CPPD (gross amount) and have my military pension reduced by approx 600 per month (gross). I forget the exact amount but it does state individual amounts on all our annual pension statements. I was getting 88 dollars per month from SISIP but now receive approx. 1500 (gross) since end of clawback. Thanks again Dennis. I don't know if SISIP claws back dollar for dollar so can't help on this point for those wondering. I was always maxed out on ELB but now, as of 10 Oct 2012 am TPI. I have inquired about PIA and supplement and await direction from VA. Does anyone know if there is a "max-out" clause with PIA and supplement as with ELB?
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
ain't that the truth, damn I never took notes now look at me frakin books everywhere lol
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
Aren't we glad we had all the ARMY TRG, so we could fight the good fight after our service. And we thought QR&O's were complicated...lol
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
redfisher good for you this may make a huge difference in your cpp when you are old enough to collect it.the absalute number one reason to be on it if you can no longer work.
propat
propat
Guest- Guest
Re: Hi Guy's I am back after a STRESS/de confusion break, now I have a few questions.
lmao wow.
propat
propat
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