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DEC CONSIDERATION

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Re: DEC CONSIDERATION

Post by bigrex on Tue 14 Aug 2018, 18:15

Unfortunately, everything is back logged. But it could still only take a couple weeks, or it could take a couple of months. The guidelines for completion are completely useless at this point.
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Re: DEC CONSIDERATION

Post by SIGS PIGS on Tue 14 Aug 2018, 13:07

Good afternoon everyone,

does anybody have an idea how long it takes to get a decision on DEC benefits


thanks,

SIGS

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Re: DEC CONSIDERATION

Post by XMedic on Mon 30 Jul 2018, 18:48

I hope the $ 20,000 allowable earnings before offset of IRB will take into consideration CPP or a CAF pension.

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Re: DEC CONSIDERATION

Post by bigrex on Mon 30 Jul 2018, 17:34

A veteran can apply for Canada Pension Plan disability (CPP(D)) but it is deducted from any ELB you receive. And now that EELB (IRB), will be extended past age 65, those Veterans will never get any benefit from CPP, at any time..
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Re: DEC CONSIDERATION

Post by Artie Simm on Mon 30 Jul 2018, 11:16

bigrex wrote:Artie, it was an example. I wasn't saying that you personally are getting a $1000/mo from the Pension Act, just that if a veteran was getting a PA pension, it would not offset any other benefit.
oh l thought you were referring to the Gov of canada disability pension,which is around $950 a month for civvies,so can a vet file for that as well or can his income only come from vac sources if hes disabled
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Re: DEC CONSIDERATION

Post by bigrex on Mon 30 Jul 2018, 10:20

Artie, it was an example. I wasn't saying that you personally are getting a $1000/mo from the Pension Act, just that if a veteran was getting a PA pension, it would not offset any other benefit.
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Re: DEC CONSIDERATION

Post by Artie Simm on Sun 29 Jul 2018, 14:32

bigrex wrote:Artie, yes, they deduct your CF pension from the ELB, but that doesn't mean you lose your CF pension. †So if you get the minimum $47K for ELB, and it deducts your $12000 from the CF Pension, it leaves $35000 (before taxes). But you still also get that $12000 CF pension. Plus you get you Pension Act pension, which puts you above and beyond the $47K. Then if you apply for the CIA/CIAS, that money is also taxable (for now), but it does not reduce any of your other benefits.

So a severely disabled Veteran, getting the minimum benefits from ELB and CIA/CIAS, along with $1000/mo CF pension, and say $1000/mo PA pension, their worksheet would look like this.

ELB = $2900/mo ( $3900 - CF pension)
CF pension †= $1000/mo
CIA = $609/mo
CIAS = $1120/mo
PA Pension = $1000/ mo

Total gross Income = $6645/mo †or around $80k/year.

what is pension act pension of $1000, you said l get that,you mean l can apply for it,l dont currently get anything like that
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Re: DEC CONSIDERATION

Post by bigrex on Wed 11 Jul 2018, 07:37

Yes, ELB can be stopped, but if you get a DEC determination, it will be paid at 90% until age 65, and after that, it will be reduced to 70% of the benefit. The CIA, if you can get it, will be for life. You said you get a disability pension, which means that it was either awarded before 2006 under the Pension Act (PA). or as a Lump sum Award under the New Veterans Charter (NVC) since 2006, but chosen to be paid out over several years, in monthly installments. But most people getting a disability pension fall under the Pension Act, which is also for life, and beyond, if married. But now is when you should be applying, because as of next year, the suite of benefits are going to be going through some major changes, and it's unclear how they will be managed once they do.
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Re: DEC CONSIDERATION

Post by johnny211 on Wed 11 Jul 2018, 05:56

Artie Simm - I was in your boat a few yrs ago. Big Rex and a lot of us have gone thru the process. If you go on Voc Rehab, and just do pscy appts, etc, there should be no reason they take ELB away. Just keep all appts. I did a college crse for a yr. it was hard in my 50,s, but made it thru. Then got a real decent job, making good money. Worked for 5 mths, then the monsters came back big time. I could no longer concentrate, and have the memory of a nit..lol. Gotta laugh at ones self.
So left the job, advised CM right away, went back on full ELB, did more assessments, and after another 6 mths, put in for TPI thru CM, and was approved.
Like Bigrex said, financially most of us are doing better. That is the DEC/CIA/VIP folks. Thatís just my story. In my mind Iíd love to work, but know also my head spacing is fracked..lol. Donít be afraid to take the leap. We are hear for you Brother. Johnny Out, VVV...
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Re: DEC CONSIDERATION

Post by Artie Simm on Wed 11 Jul 2018, 00:54

bigrex wrote:Artie, yes, they deduct your CF pension from the ELB, but that doesn't mean you lose your CF pension. †So if you get the minimum $47K for ELB, and it deducts your $12000 from the CF Pension, it leaves $35000 (before taxes). But you still also get that $12000 CF pension. Plus you get you Pension Act pension, which puts you above and beyond the $47K. Then if you apply for the CIA/CIAS, that money is also taxable (for now), but it does not reduce any of your other benefits.

So a severely disabled Veteran, getting the minimum benefits from ELB and CIA/CIAS, along with $1000/mo CF pension, and say $1000/mo PA pension, their worksheet would look like this.

ELB = $2900/mo ( $3900 - CF pension)
CF pension †= $1000/mo
CIA = $609/mo
CIAS = $1120/mo
PA Pension = $1000/ mo

Total gross Income = $6645/mo †or around $80k/year.

sorry for all the additional questions but elb can be taken away can it not, so it's not a guaranteed income til 65 .l might have it taken from me, yes? Also what is this pension act pension nothing to do with vac?
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Re: DEC CONSIDERATION

Post by bigrex on Tue 10 Jul 2018, 23:26

Artie, yes, they deduct your CF pension from the ELB, but that doesn't mean you lose your CF pension. So if you get the minimum $47K for ELB, and it deducts your $12000 from the CF Pension, it leaves $35000 (before taxes). But you still also get that $12000 CF pension. Plus you get you Pension Act pension, which puts you above and beyond the $47K. Then if you apply for the CIA/CIAS, that money is also taxable (for now), but it does not reduce any of your other benefits.

So a severely disabled Veteran, getting the minimum benefits from ELB and CIA/CIAS, along with $1000/mo CF pension, and say $1000/mo PA pension, their worksheet would look like this.

ELB = $2900/mo ( $3900 - CF pension)
CF pension = $1000/mo
CIA = $609/mo
CIAS = $1120/mo
PA Pension = $1000/ mo

Total gross Income = $6645/mo or around $80k/year.

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Re: DEC CONSIDERATION

Post by Nemo on Tue 10 Jul 2018, 22:59

Artie Simm wrote:
Nemo wrote:
Artie Simm wrote:
bigrex wrote:Artie, the thing is, if you go on ELB, it's ensures a minimum gross income of over $47000, but as a Cpl, or higher, with at least 10 years of service, it could be more, depending when you served. You would just be getting that amount split between two sources, ELB and the CF pension. Then your PA pension would be on top of that. Plus you can also apply for CIA, and CIAS (if deemed unable to work), if you're able to get it approved before next April. I'm making more money now, than when I was fighting to keep working, and I'm not having to keep myself doped up, just to get through every 12-14 hour shift.
l hate to keep going over this but my head is not screwed on straight on the best of days so the conflicting information just gives me anxiety.my CM told me that if l went on ELB ,VAC would subtract my superannuation pension from that $47000 leaving me with $30000.did you not have a pension for them to subtract,if you got the whole $47000?


You will get the minimum which is around 47K from all sources.
as l said I'm so screwed up by all the misinformation. My CM said that 47 grand faced deductions...which would put me in the poor house †, I really dont know what to believe anymore

Yes, you will have tax taken from the 47k...exactly as I do. It is not 47k tax free.
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Re: DEC CONSIDERATION

Post by Artie Simm on Tue 10 Jul 2018, 22:15

Nemo wrote:
Artie Simm wrote:
bigrex wrote:Artie, the thing is, if you go on ELB, it's ensures a minimum gross income of over $47000, but as a Cpl, or higher, with at least 10 years of service, it could be more, depending when you served. You would just be getting that amount split between two sources, ELB and the CF pension. Then your PA pension would be on top of that. Plus you can also apply for CIA, and CIAS (if deemed unable to work), if you're able to get it approved before next April. I'm making more money now, than when I was fighting to keep working, and I'm not having to keep myself doped up, just to get through every 12-14 hour shift.
l hate to keep going over this but my head is not screwed on straight on the best of days so the conflicting information just gives me anxiety.my CM told me that if l went on ELB ,VAC would subtract my superannuation pension from that $47000 leaving me with $30000.did you not have a pension for them to subtract,if you got the whole $47000?


You will get the minimum which is around 47K from all sources.
as l said I'm so screwed up by all the misinformation. My CM said that 47 grand faced deductions...which would put me in the poor house , I really dont know what to believe anymore
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Re: DEC CONSIDERATION

Post by Nemo on Tue 10 Jul 2018, 20:39

Artie Simm wrote:
bigrex wrote:Artie, the thing is, if you go on ELB, it's ensures a minimum gross income of over $47000, but as a Cpl, or higher, with at least 10 years of service, it could be more, depending when you served. You would just be getting that amount split between two sources, ELB and the CF pension. Then your PA pension would be on top of that. Plus you can also apply for CIA, and CIAS (if deemed unable to work), if you're able to get it approved before next April. I'm making more money now, than when I was fighting to keep working, and I'm not having to keep myself doped up, just to get through every 12-14 hour shift.
l hate to keep going over this but my head is not screwed on straight on the best of days so the conflicting information just gives me anxiety.my CM told me that if l went on ELB ,VAC would subtract my superannuation pension from that $47000 leaving me with $30000.did you not have a pension for them to subtract,if you got the whole $47000?


You will get the minimum which is around 47K from all sources.
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Re: DEC CONSIDERATION

Post by Artie Simm on Tue 10 Jul 2018, 16:13

bigrex wrote:Artie, the thing is, if you go on ELB, it's ensures a minimum gross income of over $47000, but as a Cpl, or higher, with at least 10 years of service, it could be more, depending when you served. You would just be getting that amount split between two sources, ELB and the CF pension. Then your PA pension would be on top of that. Plus you can also apply for CIA, and CIAS (if deemed unable to work), if you're able to get it approved before next April. I'm making more money now, than when I was fighting to keep working, and I'm not having to keep myself doped up, just to get through every 12-14 hour shift.
l hate to keep going over this but my head is not screwed on straight on the best of days so the conflicting information just gives me anxiety.my CM told me that if l went on ELB ,VAC would subtract my superannuation pension from that $47000 leaving me with $30000.did you not have a pension for them to subtract,if you got the whole $47000?
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Re: DEC CONSIDERATION

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