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DETAILS ON HOW TO RECEIVE FUNDS-Ottawa Citizen

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Re: DETAILS ON HOW TO RECEIVE FUNDS-Ottawa Citizen

Post by oldsailor on Fri 05 Apr 2013, 17:40

Hey greatfoot, relax old chap before you have a heart attack and not be able to spend your penies.

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Re: DETAILS ON HOW TO RECEIVE FUNDS-Ottawa Citizen

Post by Greatfoot on Fri 05 Apr 2013, 09:19

What is the timeline, though?

Sounds like more bureaucratic delaying tactics to me.

If they know what they owe me, and know how to get a hold of me, which they do in both cases, then send me the cheque right now. I don't need to wait for some more ticket-punching delay tactics.

SEND ME MY MONEY RIGHT NOW!


Last edited by Greatfoot on Fri 05 Apr 2013, 10:30; edited 1 time in total (Reason for editing : Edited for posterity.)
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DETAILS ON HOW TO RECEIVE FUNDS-Ottawa Citizen

Post by BoltAction308 on Fri 05 Apr 2013, 08:46

From today's Ottawa Citizen;

http://blogs.ottawacitizen.com/2013/04/05/details-on-how-to-receive-funds-from-the-class-action-sisip-lawsuit/

Details On How To Receive Funds From the Class Action SISIP LawsuitApril 5, 2013. 12:04 am • Section: Defence Watch

Details from the government on the class action court settlement re SISIP:

The Federal Court of Canada has approved the settlement reached between the Government of Canada and members of the class action of Dennis Manuge v. Her Majesty The Queen regarding the offset of Pension Act disability benefits from the Service Income Security Insurance Plan (SISIP) Long Term Disability benefits.

Class Members will be provided notice of the settlement in the manner set out below:

a. The Notice will be published on Class Counsel’s website, and on the front page of the SISIP and Veterans Affairs Canada websites;

b. The Notice will be emailed by Class Counsel to class members of whom they are aware; and

c. Manulife Financial will distribute the Notice to the last known address on file for the Class Members.

The Notice will inform class members of the terms of the settlement and next steps. In summary, the agreement provides the following:

– Full retroactive payments dating back to 1976, including interest. The current estimated value of the settlement is approximately $887.8

million;

– an amount, included in the total of $887.8 million, to ease income tax implications on the retroactive payments;

– an independent review process for disputes as to past disability or the amount of refunds for such disability;

– clarity about how future benefits should be calculated; and

– access to a $10 million Scholarship Fund for Class Members, or their family, administered by the Association of Universities and Colleges of Canada.

The Canadian Forces Long Term Disability Income Replacement program is a disability group insurance plan administered by SISIP Financial Services that provides Canadian Armed Forces members with replacement income protection and vocational rehabilitation if they are released from the Canadian Armed Forces for medical reasons or take a voluntary release but qualify as being totally disabled.
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Re: DETAILS ON HOW TO RECEIVE FUNDS-Ottawa Citizen

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