SISIP benefit beyond 24 month period..

Page 2 of 2 Previous  1, 2

View previous topic View next topic Go down

Re: SISIP benefit beyond 24 month period..

Post by 1993firebird on Fri 08 Jan 2016, 18:37

Laughing

1993firebird
CSAT Member

Number of posts : 1582
Location : Ontario
Registration date : 2013-01-10

Back to top Go down

Re: SISIP benefit beyond 24 month period..

Post by johnny211 on Fri 08 Jan 2016, 18:46

Ha bigrex, being on EELB, but have another 10 yrs to 65, have you heard of anyone who then converted to the new RISB after that? I have not myself, but there must be some out there..and on a lighter note I had a headspaceing appt today and got lined up back to center abit,,lol, damn if we cant laugh at this crap,, VVV..
avatar
johnny211
CSAT Member

Number of posts : 509
Location : Down East
Registration date : 2014-12-26

Back to top Go down

Re: SISIP benefit beyond 24 month period..

Post by bigrex on Fri 08 Jan 2016, 21:25

Honestly, I do not know of anyone who has started collecting the RISB. Honestly, I don't know of anyone even close to 65 getting ELB. They sent my father an application, but he had just turned 67. It made me laugh.
avatar
bigrex
CSAT Member

Number of posts : 3075
Location : Halifax, Nova Scotia
Registration date : 2008-09-18

Back to top Go down

Re: SISIP benefit beyond 24 month period..

Post by 1993firebird on Sat 09 Jan 2016, 10:07

I laugh when I want to hurt people , I need more therapy.

1993firebird
CSAT Member

Number of posts : 1582
Location : Ontario
Registration date : 2013-01-10

Back to top Go down

Re: SISIP benefit beyond 24 month period..

Post by LawnBoy77777 on Sat 27 Aug 2016, 10:58

Email to Harold Leduc

Hey,

Was thinking you might have some info on the ELB/SISIP mess.

As I see it, they abuse the SISIP LTD by using it for the 1st 2 years.

Then they use ELB after SISIP ends.

The right way is to get SISIP in addition to anything else. Like the Pension Act pension + SISIP after the Manuge case. The reason is that you buy SISIP LTD so you get it & you get the pension because you traded the right to sue for the pension.

If they kept the right to sue for the NVC benefits, they have to do the same deal.

SISIP LTD was purchased with premiums, establishing a right to benefits.

NVC benefits are purchased with the right to sue.

Simple, huh.

What prompted this email was the realization that ELB, as a copy of SISIP, has to pay for "own occupation" disability BUT at the moment, SISIP covers ONLY "own occupation." It has a few people getting it after the 2 years BUT ELB avoids the "own occupation" & focuses on the "any occupation" period. The "own occupation" definition is much bigger, 6 times as big. The "any occupation" definition is like Canada Pension Plan Disability (CPPD).

I have a suspicion that VAC wanted to take over SISIP LTD but they probably didn't consider the full implications of the takeover.

I also strongly suspect the NVC was solely designed to get rid of the SISIP + pension problem. Seems obvious:

Disability Award = pension
ELB = SISIP
PIA = EIA

Matt

LawnBoy77777
CSAT Member

Number of posts : 196
Location : St. John's
Registration date : 2015-05-02

Back to top Go down

Page 2 of 2 Previous  1, 2

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum