IRB
2 posters
Re: IRB
Good morning Gunner8, I can only say from my experience on IRB, and other VAC benefits, that I receive the annual cost of living increase. So you can always expect this increase in IRB each January. As for the 1% increase annually for 20 years I am not familiar with this policy as it didn't apply to me. But, for your original question of IRB increase, the cost of living will be there every January.
AirLog
AirLog
AirLog- CSAT Member
- Number of posts : 246
Location : Edmonton
Registration date : 2017-11-19
Gunner8 likes this post
Re: IRB
Hi Airlog, my IRB has been indexed annually as well. But however I read this on the VAC site. “ for veterans who have a DEC, their salary at the time of release will also be increased by 1% every year until the veteran reaches what would of been 20 years of service, or the age of 60”. I’m just curious because I’m almost 37 and when I turn 38 I would of had 20 years of service. So I’m just curious does that mean my salary will stay as is then for however long I am on IRB, which could be permanently as I am DEC. thanks
Gunner
quote="AirLog"]Hi Gunner8,
I am IRB, DEC, etc and I am over 60. My IRB is indexed annually. January 01, 2021 my IRB increased by 1% (federal cost of living increase). All other VAC benefits that I receive (CGRB, APSC, etc) were also increased by 1% as was my pension and CPPD.
AirLog[/quote]
Gunner
quote="AirLog"]Hi Gunner8,
I am IRB, DEC, etc and I am over 60. My IRB is indexed annually. January 01, 2021 my IRB increased by 1% (federal cost of living increase). All other VAC benefits that I receive (CGRB, APSC, etc) were also increased by 1% as was my pension and CPPD.
AirLog[/quote]
Gunner8- CSAT Member
- Number of posts : 330
Location : NL
Registration date : 2018-01-13
Re: IRB
Hi Gunner8,
I am IRB, DEC, etc and I am over 60. My IRB is indexed annually. January 01, 2021 my IRB increased by 1% (federal cost of living increase). All other VAC benefits that I receive (CGRB, APSC, etc) were also increased by 1% as was my pension and CPPD.
AirLog
I am IRB, DEC, etc and I am over 60. My IRB is indexed annually. January 01, 2021 my IRB increased by 1% (federal cost of living increase). All other VAC benefits that I receive (CGRB, APSC, etc) were also increased by 1% as was my pension and CPPD.
AirLog
AirLog- CSAT Member
- Number of posts : 246
Location : Edmonton
Registration date : 2017-11-19
Gunner8 likes this post
IRB
I’m on IRB and DEC. Each year my salary is indexed for inflation. But will that only last up until I would have had 20 years of service?
Why wouldn’t they continue to index the amount after?
Thanks
Gunner
Why wouldn’t they continue to index the amount after?
Thanks
Gunner
Gunner8- CSAT Member
- Number of posts : 330
Location : NL
Registration date : 2018-01-13
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