Pension For Life Estimated Amounts

It really depends on how old you are. If you are 44, and have 40 years to reach their magic cut off age, then a 20% award of $74833, would be compared to 40 years of a PFL 20% pension of $230, iand if there is a difference, you could get both.

74833 / 480 months = $155. So you would get the lump sum, plus a PFl pension of roughly $75 (indexed). But if you are 64, then you won't get anything from the PFL, for a newly approved condition. It's much more complicated, if you are like me, if you have multiple disabilities, and they were increased incrementally because of reassessments and the appeal process. I've gone from an initial 10% in 2008, to 13% in 2012, to 16% in 2015, to 25 in 2017, and waiting for a VRAB decision, that could bring me up to 35%, any day now.

How would the PFL affect someone between now if they got a award and got lump sum, use 20 % for example. Would that benefit them more because the new PfL starts in april? Just curious to the math. As I am waiting for my reassessment and I’m hoping to hear back before April, as it’s been quite a while already. Or would it be possible VAC would delay it until April to benefit so that they would benefit from it more? Thanks

Gunner

Given my estimate of $50.01 to $75 more monthly I'm guessing the government is playing the long game and hoping I die early versus collect much of this for too long. This estimate was based upon a 10 January 2019 Total Disability Award calculation. I was awarded CIA Grade 3 on 12 January so I'm uncertain if that will change anything wrt the calculation. If I lived for 30 more years this would only amount to ($75 x 12 x 30 = $27,000). I'd rather have it as an additional lump sum because I don't see myself living to be 89 years old.

Rubicon

No email but I checked and it was on my Vac Account and I did quality for additional money

Mine is there now.

Letters for the PFL estimate have gone out to my VAC Account.

there was no email for me but when i logged into my vac account it was on the main page towards the bottom

Just fyi...my email hasn't come yet but I had to speak with my case manager about another issue.
She had my amounts and was able to give them to me.

coppers2002 wrote:Estimate or what you will receive?

An estimate, because anyone's situation can change from now until April 1, 2019.

Estimate or what you will receive?