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Increased Disability Award & Retro

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Increased Disability Award & Retro - Page 17 Empty Re: Increased Disability Award & Retro

Post by Guest Fri 17 Mar 2017, 11:15

Armygunner wrote:I'm trying to figure out my award, I only have 1 disability; received first payment in 2008 (45%) and second in 2014 (25%) for a total of 70%. So do I calculate each payment separate or as a total.  

You calculate them separately and add the total of both which gives you your retro.

Guest
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Post by VRI Fri 17 Mar 2017, 11:15

cdnnavy77 wrote:I use this chart posted above and figured out new rates based on the adjusted percentage.

2011 5% $14200 16254= increase of $2250,
2013 10% $29000, 34053 = increase $5053 ,
2014 10% $30000, 35012 = increase $5012,
2016 64% $168000 224081 = increase $56081
= 2250+5053+5012+56081=68,426

http://www.veterans.gc.ca/…/h…/faq/disability-award-increase
Does this look right

What have you been paid know total? Subtract that from $272,891 and that will be what you'll get

VRI
CSAT Member

Number of posts : 57
Location : Fredericton
Registration date : 2016-04-06

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Post by VRI Fri 17 Mar 2017, 11:14

Armygunner wrote:I'm trying to figure out my award, I only have 1 disability; received first payment in 2008 (45%) and second in 2014 (25%) for a total of 70%. So do I calculate each payment separate or as a total.  

What have you been paid in total? Subtract that from $225,622 and that is your total.

VRI
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Registration date : 2016-04-06

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Post by cdnnavy77 Fri 17 Mar 2017, 11:13

you calculate them seperately

cdnnavy77
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Post by cdnnavy77 Fri 17 Mar 2017, 11:12

I was told to do each award and base it on the year awarded. I have 4 awards, 2011,2013,2014,2016

in 2016 I received 168,000 at 64% the table shows $354,679 x.64 =226.56

so the new 64% is 226.56 then I minus 168,000(old award amount) minus 226.5 ( new amount) and end up with 58,600

cdnnavy77
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Number of posts : 37
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Registration date : 2017-03-17

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Post by VRI Fri 17 Mar 2017, 11:11

Slaket wrote:Teager
I'm not sure we do have the calculation. I spoke to VAC two days ago and the young man gave me the example that if you were 100% ..Received let's say 280..that it would be a straight top up to the 360..Or so he understood from why they have been told.
Now in that case it would be 80,000 before any corrections.
Of course the "don't quote" me was given.  But if what they have heard differs from our estimates..do we really know..the calculations.

Guess in 3-4 weeks we will truly find out. Maybe!!

It's clear from the previous weeks that the rank and file VAC employees have no clue. Ppl posting their answers had them all over the place. The calculators gi ven on their website is clearly what is taking place. This shouldn't be terribly shocking, it's exactly as was written in the actual law.

VRI
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Post by Armygunner Fri 17 Mar 2017, 11:10

I'm trying to figure out my award, I only have 1 disability; received first payment in 2008 (45%) and second in 2014 (25%) for a total of 70%. So do I calculate each payment separate or as a total.

Armygunner
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Post by Armygunner Fri 17 Mar 2017, 11:08

cdnnavy77 wrote:year, percentage, money received, amount I should of received according to the veteran affairs table posted above..   then I took the difference of the two

2011 I received 5% (142000), according to the VA table, I should now receive 162240  = so the increase is 2000 about on the award

I see, you have multiple awards vs just one

Armygunner
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Post by Guest Fri 17 Mar 2017, 11:06

Armygunner wrote:
Trooper wrote:I just did a calculation for a friend who is at 65% total in disability awards, awards that were given in different years starting in 2010.

The amount of retro he is going to get according to the chart is $27,835

are you calculating for each of the year or as a lump sum %?

Each year as per the Chart

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Post by VRI Fri 17 Mar 2017, 11:06

bosn181 wrote:for sure gunner turnedtrucker i am hoping same as most.  i am now at 90% most of it paid back in early 2008 i have gotten 254k  year to date.  90% at the new rate 360k is 324k from what i been told by vac on phone was around 70k plus interest that i am not sure how much that will be but i hoping from what they said will all work out i waited this long for someone to improve the system a few more weeks not going to hurt for me at this point and as for the video i posted a few pages back the minister did say that before there term is up they will put the life long pension back for us i am sure there are still details to work out but lets see if they keep to there word on this one and then if they do i can hold out hope they will keep it for the life long pension

You'll get about $25,000 if u got 90% in 2008.

You take the adjusted max for 2008 ($310,000) and find what 90% of that is (your entitlement) subtracted by what you were paid. 90% of $310k is around $279k. Take away what you've been paid already ($254) and you end up with your payment ($25,000).

Seems like a shitty system.


VRI
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Post by cdnnavy77 Fri 17 Mar 2017, 11:06

year, percentage, money received, amount I should of received according to the veteran affairs table posted above.. then I took the difference of the two

2011 I received 5% (142000), according to the VA table, I should now receive 162240 = so the increase is 2000 about on the award

cdnnavy77
CSAT Member

Number of posts : 37
Location : New Brunswick
Registration date : 2017-03-17

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Post by Armygunner Fri 17 Mar 2017, 11:04

Trooper wrote:I just did a calculation for a friend who is at 65% total in disability awards, awards that were given in different years starting in 2010.

The amount of retro he is going to get according to the chart is $27,835

are you calculating for each of the year or as a lump sum %?

Armygunner
CSAT Member

Number of posts : 77
Location : Canada
Registration date : 2016-09-04

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Post by Guest Fri 17 Mar 2017, 11:03

I just did a calculation for a friend who is at 65% total in disability awards, awards that were given in different years starting in 2010.

The amount of retro he is going to get according to the chart is $27,835

Guest
Guest


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Post by Armygunner Fri 17 Mar 2017, 10:56

cdnnavy77 wrote:I use this chart posted above and figured out new rates based on the adjusted percentage.

2011 5% $14200 16254= increase of $2250,
2013 10% $29000, 34053 = increase $5053 ,
2014 10% $30000, 35012 = increase $5012,
2016 64% $168000 224081 = increase $56081
= 2250+5053+5012+56081=68,426

http://www.veterans.gc.ca/…/h…/faq/disability-award-increase
Does this look right

I'm unsure what you are trying to do? Is the % what you got in those year with the award amount?

Armygunner
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Post by cdnnavy77 Fri 17 Mar 2017, 10:53

I use this chart posted above and figured out new rates based on the adjusted percentage.

2011 5% $14200 16254= increase of $2250,
2013 10% $29000, 34053 = increase $5053 ,
2014 10% $30000, 35012 = increase $5012,
2016 64% $168000 224081 = increase $56081
= 2250+5053+5012+56081=68,426

http://www.veterans.gc.ca/…/h…/faq/disability-award-increase
Does this look right

cdnnavy77
CSAT Member

Number of posts : 37
Location : New Brunswick
Registration date : 2017-03-17

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