SUPPLEMENTARY RETIREMENT BENEFIT - LUMP SUM - 1 APRIL 2019

i was deemed TPI which is now DEC for over 11 years and was ELB from day i got out.  so as far as i can see i should be seeing something with this SRB i was lucky they did not try to drag out making me TPI or DEC i know some have been on ELB for many many years and they did not get informed by there CM to be deemed TPI or DEC so once again it will be interesting to see how it all plays out.

bosn181 wrote:i have been on elb for almost 11 years and i got a long way to go before 65 will be interesting to see how all this will play out.

11 years and your Cm never considered you for DEC.?...when it existed

Any updates on the SRB payout? Do we know if anyone has received payment yet? Is it going to paid out by piece meal going through individual files or paid out to everyone all at the same time?

Steelgunner wrote:

cosmo12 wrote:https://www.veterans.gc.ca/eng/services/pension-for-life/q-and-a#a16

Q&A for the SRB payout.

Cosmo

Went to that link, don’t like this statement from VAC


“The Supplementary Retirement Benefit payouts will begin in late September 2019. We expect the majority of payments to be completed by the end of 2019.”


My luck it will be the end of 2019, VAC is fucking terrible at good service.  Backlogs forever, constant changing the system to create more delays.  Paid bonuses for senior managers that give sub par service is a joke.  3 Tier system for one type of Veteran.  PA Vets receive 40% more. Check my links out and don’t bullshit me Older PA Vets. I joined a PA Vet and went out as a NVC Vet with a sprinkle of Pension for Life.  ( Pension from Lairs ). The future full Pension for Life vets are going to be not happy if they read my links.

Please read links fully and you will see that both the Liberals and Cons have being ripping off the Veterans since 2006

https://www.pbo-dpb.gc.ca/web/default/files/Documents/Reports/2019/Veterans%20Benefits/Veterans_Benefits_EN.pdf

https://www.benefitscanada.com/news/veterans-affairs-skipped-normal-consultations-regarding-new-pensions-for-life-program-123787

https://www.google.ca/amp/s/www.cbc.ca/amp/1.4468956

l never did understand the reasoning for taking away the part of the pension that pays an injured vet a little extra if they are married with kids, I mean I get that the obvious reason is cost saving, but after 06 a vet married with 4 kids gets his arms blown off, the compensation just doesn’t add up to a similar vet hurt prior to 06, shame,shame,shame VAC

cosmo12 wrote:https://www.veterans.gc.ca/eng/services/pension-for-life/q-and-a#a16

Q&A for the SRB payout.

Cosmo

Went to that link, don’t like this statement from VAC


“The Supplementary Retirement Benefit payouts will begin in late September 2019. We expect the majority of payments to be completed by the end of 2019.”


My luck it will be the end of 2019, VAC is fucking terrible at good service.  Backlogs forever, constant changing the system to create more delays.  Paid bonuses for senior managers that give sub par service is a joke.  3 Tier system for one type of Veteran.  PA Vets receive 40% more. Check my links out and don’t bullshit me Older PA Vets. I joined a PA Vet and went out as a NVC Vet with a sprinkle of Pension for Life.  ( Pension from Lairs ). The future full Pension for Life vets are going to be not happy if they read my links.

Please read links fully and you will see that both the Liberals and Cons have being ripping off the Veterans since 2006

https://www.pbo-dpb.gc.ca/web/default/files/Documents/Reports/2019/Veterans%20Benefits/Veterans_Benefits_EN.pdf

https://www.benefitscanada.com/news/veterans-affairs-skipped-normal-consultations-regarding-new-pensions-for-life-program-123787

https://www.google.ca/amp/s/www.cbc.ca/amp/1.4468956

https://www.veterans.gc.ca/eng/services/pension-for-life/q-and-a#a16

Q&A for the SRB payout.

Cosmo

Cosmo,

Thanks for all your efforts.....appreciated.

Well? Nice to see you got it filed under the proper Topic Heading

Good day all;

This is the latest from Veteran Affairs


Thank you for your question. We continue to work on the Supplementary Retirement Benefit payout. We will be issuing letters and payments starting in late September. We will be sharing updates on social media, our website and through our front-line staff in the coming weeks

have a great day guys.

Cosmo

At what point did I miss where the SRB turned into a discussion about the IRB and CIAS?

That is a disingenuous argument though. because it's !% per year, based on your IRB total amount. So even if your IRB amount was $100000/year, a 1% increase would only equate to $100/mo, compared to $1200/mo you get from the CIAS. So I do not believe that the 1% career progression calculations , could ever surpass the CIAS amount. Necasue most Veteran who are approaching $100K a year, are mostly likely close to, or beyond, the 20 years of service cutoff for the 1% increases.

If you are getting CIAS and have the less than 20 years you still receive the 1% except they calculate it separately so that you can only receive whichever one is higher. You can't get both CIAS and the 1% increase. If you are getting CIAS this is shown in one of the letters they sent out. I assume that if the 1% increase somehow outpaced your amount of CIAS then you would flip to whichever remains higher in the future.

Question translated


I have another question..
The 1% for career progression losses on income replacement.
It is new since the 1st of April 2019 ....
The 1% is effective for everyone ??
I have financial benefits from ACC for several years, is this good for me ??
If so, will the income replacement be indexed to all January 1 of each year ??
Thanks for the answers.
Good day to you.

Answer

See, it all depends on how many years you served, and how long you've been out of the Forces. I don't even know if there are going to be retroactive increases, because it effectively replaces the CIAS. So it may only apply to those Veterans who are medically released after April 1st, 2019, giving them the extra 1%, until they reach what would have been their the 20 years of service.

Answer translated

Vous voyez, tout dépend du nombre d'années de service et du temps que vous avez quitté les Forces. Je ne sais même pas s'il y aura des augmentations rétroactives, car elles remplaceraient effectivement le CIAS. Il ne peut donc s'appliquer qu'aux vétérans libérés pour des raisons médicales après le 1er avril 2019, en leur donnant le 1% supplémentaire, jusqu'à ce qu'ils aient atteint leurs 20 ans de service.




If there are any French speaking members who may be able to better translate it, please feel free.

Bigrex,
J'ai une autre question..
Le 1% pour pertes de progression de carrière sur le remplacement de revenu.
Il est nouveau depuis le 1er Avril 2019....
Le 1% est effectif pour tout le monde??
J'ai des avantages financiers de ACC depuis plusieurs années, est ce bon pour moi??
Si oui, le remplacement de revenu sera indexé à tout les 1er Janvier de chaque année??
Merci pour les réponses.
Bonne journée à vous.

Hurry up and wait! Don’t understand why the delay anyway. I’m curious of one thing though, will it have interest applied going back. Vac=gaggle f*ck

Je trouve quand même ça malheureux qu' on est pas plus de renseignements....
On est jamais certain de rien avec le ministère...
Je suis sur ELB depuis le 15 OCTOBRE 2006,
Déclaré DEC en 2016..
À combien je peux m'attendre de recevoir environ??
Merci beaucoup pour les informations!
Prenez soin de vous.