can you follow my thought
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Re: can you follow my thought
PMED ,
That might be a question for Teentitan .
For Country
Recon031
Dave
That might be a question for Teentitan .
For Country
Recon031
Dave
Guest- Guest
Re: can you follow my thought
so are they currently topping up to prelease amt, but deducting to current like CPP(D) VAC sources?
Last edited by PMED on Wed 17 Oct 2012, 12:49; edited 1 time in total
Guest- Guest
Re: can you follow my thought
puddleduk2 ,
With regards to CPPD , sisip ltd are ONLY allowed to reduce your mthly by the ........ Pensioner Portion Only ...........
For Country
Recon031
Dave
Guest- Guest
Re: can you follow my thought
yes it is humorous, and I have so few original thoughts now, I thought I would share it
Yes the SISIP plan only covers our CF salary for the 75%, but
as the CF and CPP plans are in competition with each other which results in another double dipping reduction plan of our CF pensions and they are both taken as 100% inclusive in reducing our LTD coverage.
cool thought eh
Yes the SISIP plan only covers our CF salary for the 75%, but
as the CF and CPP plans are in competition with each other which results in another double dipping reduction plan of our CF pensions and they are both taken as 100% inclusive in reducing our LTD coverage.
cool thought eh
puddleduk2- CSAT Member
- Number of posts : 346
Location : Ontario
Registration date : 2012-10-15
Re: can you follow my thought
puddles great thought lol but if i recall it states pre release salary not income but check it out ive been wrong before..
propat
propat
Guest- Guest
Re: can you follow my thought
i believe it is based off 75% of "dnd" salary (now min 40k) not total income
Brian
Brian
6608- CSAT Member
- Number of posts : 337
Location : NB
Registration date : 2012-06-23
can you follow my thought
In my delirium I present a twisted thought,
When some of us were released we were already receiving CPP(D), for myself it was just over two years before my release date.
Our LTD SISIP coverage was to restore what we were making as total income the day after our release, minus CPP(D) and our CF Pension (and previously our PA amount).
My thought was my claimed income previous to my release included the CPP(D) amount as taxable income,
Even though SISIP currently deducts CPP(D) from our last income on release, shouldn't those in receipt of CPP(D) before their release be looked at as if it was part of their income on release, already established, not as an afterthought to reduce the liability of the plan.
thoughts anyone?
When some of us were released we were already receiving CPP(D), for myself it was just over two years before my release date.
Our LTD SISIP coverage was to restore what we were making as total income the day after our release, minus CPP(D) and our CF Pension (and previously our PA amount).
My thought was my claimed income previous to my release included the CPP(D) amount as taxable income,
Even though SISIP currently deducts CPP(D) from our last income on release, shouldn't those in receipt of CPP(D) before their release be looked at as if it was part of their income on release, already established, not as an afterthought to reduce the liability of the plan.
thoughts anyone?
puddleduk2- CSAT Member
- Number of posts : 346
Location : Ontario
Registration date : 2012-10-15
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