Increased Disability Award & Retro

yea Roger that. I guess that's probably all we can do.

i hear ya i just found this today and trying to help some find some of the answers they been asking and hope that this all comes out this month from vac maybe they were waiting on this vote today before they could send us the info i like you not sure what to think but i am willing to give them until the end of april pay to see if i get it before i get myself worked up

so that means more than or is this a way to justify something else. I am not following this. I just wish some magic formula would appear or someone can explain this to me.

he did say the interest will be added not sure if you missed it

just watched this video. And MVA said point blank that increase would be to 360k and benefits will be paid up to that. so that sounds like to me.....a 10% at 26k ( as I was in 09) gets topped up to the 36k now....right???? he never mentioned CPI or COLA or interest....just a top up. Who here thinks they are hiding something??? This is starting to really aggravate me. I'm an answers kind of person and when I get the runaround like we all have for the last year or so, it makes me wonder if they even care about us. how many people if asked by the MVA point blank would say "just top us up to 360k, no more, no less" I just want a fair shake. it's wrong to be greedy on this and be hunting for more but at the same time we deserve at the very least to be treated fairly and to the standard " one veteran" promise ( if you can call it that) they have been spewing at us.
Sorry for the rant I've just had so much info on this and I'm just tired of waiting game.

Wow. Thank you bosn181.Excellent video of proceedings.
Minister Hehr stated quite clearly that the disability adjustment to the $360K checks will be in the mail April 1st. He however punted the life pension issue down the road but emphasized that his mandate is have that issue resolved within his governments 4 year mandate.

http://parlvu.parl.gc.ca/XRender/en/PowerBrowser/PowerBrowserV2/20170308/-1/26850?globalstreamId=14&useragent=Mozilla/5.0%20(Macintosh;%20Intel%20Mac%20OS%20X%2010_11_6)%20AppleWebKit/602.4.8%20(KHTML,%20like%20Gecko)%20Version/10.0.3%20Safari/602.4.8  

this is the website for parliament vac meeting that they voted on benefits today they talk about life long pension and benefits in there time left in office hope it helps had to use google chrome to watch safari would not work

Taz, in my mind, that is one of the major issues. The non 100%

All the GoC comparisons go against the 100% receiving every possible allowance.

What about, the 5, the 10, the 20% people. At that level of disability, they do not have access to any further allowances, other than medical coverage

The pa is indexed just like the da, so let's look at today's values
First off, the pa has a base rate for single, an additional amount is given for a spouse, 20% I believe, and another 12.5% for the first child and I think 9% for each additional child. Children are paid up to 25

Let's take the example of a 10% disability, for someone 25, married with 2 children, and carry it for 20 years

At today's rate, the PA would get a total of
403/month
4836 / year
Without considering indexing 96,720

The DA would get a lump sum of 31,400, no consideration for spouse or children.
If they took that amount over the 20 years,
1574 / year
Or 130 / month.
That is only after 20 years.
Let's say that 25 year only lives to 65 kids are out of school so they would get 341 / month
They would get another 4092/year or another 81840

The da, would get nothing after 45, as they only spread out their award for 20 years.

Just some rough calcs
As a side note, a pa award is also backdated to the date of application as well, or a max of 3 years prior to decision date.

Thanks Bluesky! That is a good read! It puts out some good scenarios; though, I wish the study wasn't mainly based on 100% disabled Vets with all max benefits. It would have been interesting to see the financial differences between PA & NVC for those with lower awards and minimal benefits (such as PIA level 3 with no supplement and no TPI).

good find

I found study link below by reading Equitas Papers. It appears that monthly amount was the assessed % disability of the maximum $2397/fixed monthly amount.

http://www.queensu.ca/dms/publications/claxton/Claxton13.pdf

Question.......Prior to 2006 under the PA system how was the amount of pension determined ? Was it based on a percentage of a predetermined amount as set by the Government and if so what was the amount? For example if the injury resulted in a 20% disability, how was the amount of pension calculated ? 20% of what? Anyone have the answer?

Guest wrote:

Taz wrote:Gu'day all. Been following the forum for a while now and finally decided to sign up.

So from what I've read, the top up letters should come some time after the 2017 budget is announced and the cheques are to follow.

That being said, what I would like to understand is... If VAC does surprise us all and announces that the pension is returning, how would this be enacted for those of us who received NVC awards. I mean... VAC can't just start giving NVC vets a pension... can they? This wouldn't be fair to the Pension Act vets who would then ask (and rightly so) "where's our lump sum awards?".

So that begs the question. How would an ideal new pension act get paid out?:
Would you have to pay back your NVC award to start receiving a pension?
Would they do a time/value of money calculation of pension vs award and pay out the difference as a tiny pension?
Would they say "NVC vets are SOL for taking awards" and only new applications will have the option of receiving a pension?

The damage is already done. They made two classes of vets and I don't believe this is going to change much. I cannot imagine how they can fairly achieve a "one veteran - one standard" anymore with the vast differences between NVC and the old Pension Act. Some of us will come out ahead and some will fall behind. Life expectancy and age at release will have huge impacts on whether a pension or the NVC award is best for a particular vet.

Please correct me if I'm wrong or if there's something I am not seeing. I really don't mean to be negative here... I just wish there was a good solution to make it fair for all involved.

BTW I was 3b Released in 2008 and 46% under NVC.

Cheers!

Nice first post...... so your are half and half  penision lump sum Vet.  

So, you says it's not fair in a what if question.  The nerve of you, so it's fair to Vets like me that are 100% NVC to get no pension since 2006 and you are basing what facts and numbers it's not fair. I am sure we are not going back to the penision style of the past.  So you are getting more money right now then me in regard to if our injuries and percent was the same.  You older pension guys sit on your hands when the NVC gets screwed.  Now you see maybe the NVC might get a top up and you call us unfair if the penision comes back.

What about when ELB went to 90% it was in fact more designed to help the NVC  Vets, but all got it.  I did not see one NVC Vet say that's unfair if the PA Vets get it too.  Get it through your head one Vet/one standard!!!!!!!
.....................
Don't care if he is 100% NVC, he said it was unfair.to the PA Vets.  

I have been fighting this NVC hard behind the lines and composed many letters to VAC.   I feel when soneone states a matter of fact question with a what if question and then states it's unfair.  

Sorry but that hit a big nerve that VAC is responsible for.

Yikes! I think you may have misread what I was trying to say. Or maybe I didn't express my thoughts well enough. Sorry about that!

Let me clear something up. I released post-2006 which means all of my benefits are under NVC and I feel your pain regarding PA. I would give it all back to be under the PA! You say that you have been been fighting the NVC... well fight on brother! I respect and fully support your efforts! I wouldn't have the fortitude to take all that on with everything else I'm going through. It's hard enough just to fight VAC for the benefits needed. So thank you, I really do mean that.

I agree that the PA can be much more valuable (over time) when looking at the dollar value in comparison to NVC awards. This post is an excellent example of the PA value over time:
http://army.ca/forums/index.php?topic=111743.0

So, lets take a very literal look at Trudeau's campaign promise where he stated, "we will reinstate life-long pensions". If us NVC Vets who have already received an award start receiving a pension based on our current percentage, then we would have both an award AND a pension whereas PA Vets are ONLY on a pension. This is where my question comes in... How the hell do you make it fair for everyone involved if the lifelong pension is to be 'reinstated'. How does our already paid out NVC awards play into this? That is the question I was trying to ask in my previous post. The point I was trying to make is that the "One Veteran, One Standard" is going to be extremely difficult to achieve with the current mess that is the NVC.

Also, I am not naive... I don't think they are simply going to bring back the old pension on top of what we already have. That would just be too good. I just find the concept of bringing it back interesting and I'm curious if anyone has an idea of how it could work for NVC award Vets. I enjoy 'what if questions' and speculation... it's just important to keep in mind that speculation is not fact.

bigrex wrote:Lost Trucker, those were the actual 100% amounts at the time. But with the increase, those past amounts are also being retroactively increased, so depending on how they do the math, a 100% award for 2006 could be roughly $290K, give or take a few thousand.

yes thats correct...thats what they were at the time

Fed Budget announced will be presented Mar 22. Hang in there !!!!!