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SUPPLEMENTARY RETIREMENT BENEFIT - LUMP SUM - 1 APRIL 2019

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Post by Steelgunner on Mon 15 Apr 2019, 10:31

Well, the way I see it is as follows.

A lot of BS is being flung around CSAT regarding this topic “SRB. Didn’t even no it existed before this thread started. This thread is gossip, pulling up the legislation and saying this will happen or this will happen. We all no that the GOC/VAC do as they please. If they are caught and it is proven they only pay out after lawyers, courts, judges ruling and sometimes public pressure.

Getting rid of the SRB is one of there many cost saving measures “AKA” rip off the future Veterans.

My advice is sit tight and go about your own regular daily life.

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Post by Guest on Mon 15 Apr 2019, 10:55

STEELRAIN wrote:The heck with all this SRB bull shit talk. SRB was just a"FOff" amount at 65 years old for disabled vets.  "Here is your 2%, now FO", said VAC.
When you calculate  ELB of $6000 per month for 25 years the SRB 2% is $36000. You cannot buy a new Honda Accord with that.
SRB it was a total joke when there was little else after 65.
Just give me a full 35 yr pension or 70% indexed for the rest of my life and pay for all my medical needs, my pot, my meds, let my wife go back to school and pay for that, give me VIP benefits, health transportation costs, home modifications and a total of $310000 tax free D-Awards. Oh, Keep thanking me for my good works while serving says VAC often when I call in. Please continue having strangers every time I go out if they know I served, thanking me for my service. Sure I am mentally and physically broken. If I had stayed working in my previous job I would have been just as screwed up after 20 years.
So Fk-OFF, SRB, you were always just a sick joke!
Just give me 90% until 65 and 70% indexed post 65. Do not feel sorry for me I am still kicking barely!
The way I see it, the way it was & the way it is now.
i was counting on sisip to be there when veteran's needed it to be helpful because we paid for the protection, didn't happen as advertised!
Expected PA to be there to cover injures recieved in service limiting opportunities and for pain and suffering, again not as advertised!
As far as SRB steelrain i agree, it was nothing and i expect nothing, it is what it is, not a thing we can do about it, legislation no doubt was updated as of April 1st.
Military service in my family ends with me, the bureaucrats and politicians can send they're own to serve my grandchildren don't and hopefully won't know i served
Don't want their lives controlled!!!

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Post by bigrex on Mon 15 Apr 2019, 11:19

Steel Rain, I'm not disagreeing that the SRB seemed like a brush off, back when benefits were cut off at 65. And the amounts that will be paid out now, will nowhere match what Veterans would have received. But IMO, it's better that, what money will be paid, is better in our pockets, than theirs. They could have just as easily cancelled the benefit, and kept that $53 million.
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Post by cosmo12 on Mon 15 Apr 2019, 12:25

true Bigrex

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Post by Guest on Mon 15 Apr 2019, 15:33

bigrex wrote:Steel Rain, I'm not disagreeing that the SRB seemed like a brush off, back when benefits were cut off at 65. And the amounts that will be paid out now, will nowhere match what Veterans would have received. But IMO, it's better that, what money will be paid, is better in our pockets, than theirs. They could have just as easily cancelled the benefit, and kept that $53 million.

Yes very true. It is taxable too. Sad

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Post by Guest on Mon 15 Apr 2019, 15:41

Steelgunner wrote:Well, the way I see it is as follows.

A lot of BS is being flung around CSAT regarding this topic “SRB.  Didn’t even no it existed before this thread started.  This thread is gossip, pulling up the legislation and saying this will happen or this will happen.  We all no that the GOC/VAC do as they please.  If they are caught and it is proven they only pay out after lawyers, courts, judges ruling and sometimes public pressure.

Getting rid of the SRB is one of there many cost saving measures “AKA” rip off the future Veterans.

My advice is sit tight and go about your own regular daily life.

Steelgunner it was actually replaced with something better. It was given out when there was nothing else after 65 other than a kiss off. I am talking from NVC 2006 when ELB was only good until 65. The post 65 deal now at 70% is a far better than this sick joke of SRB. Smile

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Post by Peace on Mon 15 Apr 2019, 19:16

Bonjour,
Je suis nouveau ici,
je suis invalide à 103%,
J'ai AIC niveau 1
Allocation pour soins niveau 2
J'aimerais savoir si je pourrais bénéficier de l'allocation d'incapacité exceptionnelle??
Merci beaucoup pour les informations.
Bonne fin de journée.

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Post by propat on Mon 15 Apr 2019, 19:36

just gotta say 70% post 65 was in place at the same time as the SRB . it should have never been taken away in my opinion . ya see getting something back after they take it away is extremely difficult however when the GOC chooses to take something away it seems to be very easy .

heck the biggest reduction of vets benefits in the free western world occurred right here in Canada in 2006 and passed unanimously . this past April first when there "improvements" give what adds up to nothing but takes away the CIAS and SRB it was done with little to no protest from opposing MPs .

yup just peanuts they threw at us after cutting our benefits to crap and are now taking those peanuts away I get that .

taking away the post 65 70% would be far less harmful to vets than what was done in 2006 ya think these guys would even blink before doing this ? I just hope I hit 65 before they do but I don't like my chances .

yes the ultimate goal is equality one vet one standard I more than well get that .

but until then I want my fracking peanuts !!!!!!

propat

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Post by propat on Mon 15 Apr 2019, 19:45

peace ;not sure what exceptional disability allowance is . are you referring to EIA from the PA ? maybe my translator is fracking up?

if its the EIA you are referring to I would say yes .

propat

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Post by bigrex on Mon 15 Apr 2019, 21:22

No, he's asking if he can get the EIA. But he is alreadt getting the CIA/APSC at grade 1, so the answer is no, This was passed along to him/her, on a different thread.
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Post by propat on Tue 16 Apr 2019, 11:35

aaaa so that's what AIC meant . I see it now .

propat

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Post by Guest on Thu 18 Apr 2019, 07:53

And Now a Few words from our Sponsor and then back to the Flintstones!

The Supplementary Retirement Benefit (SRB) is a taxable lump-sum
payment provided to Veterans who are no longer eligible to receive
the Extended Earnings Loss Benefit (EEL) because they have reached
age 65; or are able to engage in suitable gainful employment.
The amount of the benefit will be based on a percentage (2%)
of the total amount of the EL benefits (temporary and extended)
payable to the Veteran or Survivor, before income offsets.

Please note that you do not need to be 65 y/o to receive the
SRB. However, we currently do not have the details on when or
how much it will be paid. As mentioned previously, you will receive
a new letter by the end of April 2019 with the calculations and
breakdown of your payments.

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Post by Guest on Thu 18 Apr 2019, 09:05

Did they withold this 2% from a benefit?
If not i find it hard to believe they would payout out of the goodness of they're heart since policy has changed to 70% PFL!

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Post by Guest on Thu 18 Apr 2019, 09:27

Wildthing wrote:Did they withold this 2% from a benefit?
If not i find it hard to believe they would payout out of the goodness of they're heart since policy has changed to 70% PFL!

You don't know fk all about the issue. So don't comment.

This issue has been covered.

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Post by Riddick on Thu 18 Apr 2019, 09:44

Bruce72

Most vets like this site first and foremost.....for respect! You or anyone else might not like or agree with what someone says....suck it up...it is life. It does not give you or anyone else the right to be condescending and rude. You are also part of CSAT....perhaps and little control, discretion and diplomacy on your part will go a long way in setting an example.....and an apology.
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