Increased Disability Award & Retro

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Re: Increased Disability Award & Retro

Post by Recon031 on Thu 07 Apr 2016, 10:58

Does ...... anyone ....... know the Rates for 2006 when it all started so I can input them .

PLEASE ..... PM ..... me the info , very much appreciated .


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Re: Increased Disability Award & Retro

Post by Guest on Thu 07 Apr 2016, 11:07

not really but I can extrapolate them using 250,000 as a base if you would like .

propat

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Re: Increased Disability Award & Retro

Post by Guest on Thu 07 Apr 2016, 11:14

never mind found the actual one .


DISABILITY AWARD






Column 1

Column 2

Column 3



Extent of Disability

Lump Sum Amount


Class

(%)

($)


 1... 98-100%... 250,000.00
 2... 93-97%... 237,500.00
 3... 88-92%... 225,000.00
 4 ...83-87%... 212,500.00
 5... 78-82%... 200,000.00
 6 ...73-77%... 187,500.00
 7 ...68-72%... 175,000.00
 8... 63-67%... 162,500.00
 9 ...58-62%... 150,000.00
10 ...%...53-57 137,500.00
11... 48-52 %...125,000.00
12... 43-47%... 112,500.00
13 ...38-42%... 100,000.00
14... 33-37%... 87,500.00
15 ...28-32%... 75,000.00
16 ...23-27%... 62,500.00
17 ...18-22%... 50,000.00
18 ...13-17%... 37,500.00
19  ...8-12%... 25,000.00
20  ...5-7%... 12,500.00
21  ...4 %...2,617.96
22  ...3 %...1,963.48
23  ...2%... 1,308.97
24  ...1%... 654.49

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Re: Increased Disability Award & Retro

Post by Recon031 on Thu 07 Apr 2016, 12:29

............ Hey Propat , YOU'RE THE MAN Smile I GOOGLED & SEARCHED to no end ...........But Nothing ?

tHANKS OL' BUDDY

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Re: Increased Disability Award & Retro

Post by bigrex on Thu 07 Apr 2016, 13:16

It is actually part of the original legislation. All the increases since 2006, have simply been due to COLA.
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Re: Increased Disability Award & Retro

Post by Guest on Thu 07 Apr 2016, 13:26

hey recon no problem buds . ya bigrex after I posted about extrapolating one I got ta thinking about that very thing so I went to the legislation opened up the appropriate schedule and sure enough that's where it was.

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Re: Increased Disability Award & Retro

Post by 1993firebird on Thu 07 Apr 2016, 13:35

So just another $18,000 , oh well , money coming out of my wazoo.

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Re: Increased Disability Award & Retro

Post by bigrex on Thu 07 Apr 2016, 15:44

What I think could be happening, is that they are going to pro-rate the old pay scale, as if the $360000 maximum had been achieved strictly through COLA, and pay retro accordingly. That would mean the maximum award could be pro-rated to around $290000 for 2006, which would bring the maximum amount to $360000 with the COLA that has been already calculated since 2006.

So they could assume the original amounts could similar to what I list below. Then simply increase these amounts by the set COLA for each year, until 2017

100% - $290000
95% - $275500
90% - $261000
85% - $246500
80% - $232000
75% - $217500
70% - $203000
65% - $188500
60% - $174000
55% - $159500
50% - $145000
45% - $130500
40% - $116000
35% - $101500
30% - $87000
25% - $72500
20% - $58000
15% - $43500
10% - $29000
5% - $14500
4% - $3248
3% - $2436
2% - $1624
1% - $812

COLA adjustments per year

2007 - 2.2917
2008 - 2
2009 - 2.5
2010 - 3.25949%
2011 - 3.346776%
2012 - 2.8%
2013 - 1.8%
2014 - 0.9%
2015 - 1.8%
2016 - 1.2%

So someone that received a 100% award in 2006 of $250000, would get a top up of $40000. So, for myself, that has received three awards, totaling 25%, instead of simply getting $20000, to bring me up to the new amount for a 25% award, they could pay me $12000, which is the difference between the possible pro-rated awards, with the corresponding COLA, and what I actually received.
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Re: Increased Disability Award & Retro

Post by Guest on Thu 07 Apr 2016, 16:32

ya bigrex here is the wording ya want to take a good look at .

reduced  for every calendar year FROM 2016 UNTIL the year in which the disability award was received .

seems to me they are only reducing the amount for 2017 and forward forward but nothing prior to that .

without the additional language added to " A "

" reduced  for every calendar year from2016 until the year in which the disability award was received  by a percentage calculated in accordance with the method of calculating the percentages by which the amounts set out in Schedule 3 to the Act are periodically adjusted; and"

anyone who has an appeal in say at 50% in 2015 and gets run through the ringer but finally wins their appeal in say 2020 going to 100% .

they would have to pay him 100% at the 2020 rate minus his original buyout .

the GOC would loose the COLA on 50% already payed to him on from 2017 till 2020 with no way to recoup it .

consequently the vet would get paid more than other vets by that amount .

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Re: Increased Disability Award & Retro

Post by Trooper on Thu 07 Apr 2016, 16:39

That is the problem were facing with our MVA and his staff.

They revise a BiII with language that is not understandable , and when they speak on the implementations they don't give us a plain English explanation on what or how it's going to pan out for Veterans.
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Re: Increased Disability Award & Retro

Post by Guest on Thu 07 Apr 2016, 16:48

yuuuup .

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Re: Increased Disability Award & Retro

Post by Recon031 on Fri 08 Apr 2016, 16:33

If anyone at has has the REMAINDER of YEARS not posted but can give them to me , i'll fit in as many as possible so that everyone who had a PAYOUT between 2006 & 2016 can quickly figure out their RETRO CHECK which will HOPEFULLY be sent in the New Year .

Thanks again Troops ,

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Re: Increased Disability Award & Retro

Post by Recon031 on Fri 08 Apr 2016, 16:36

Hey TEENTITAN ............... Luvin the Pic you've posted , too bad it's not mandatory to show your face on here , I think there would be less Conflict .

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Re: Increased Disability Award & Retro

Post by 1993firebird on Fri 08 Apr 2016, 17:36

2007 was approximately $260,000 as I got a 20% award in the amount of $53,000 and something.

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Re: Increased Disability Award & Retro

Post by Guest on Fri 08 Apr 2016, 17:40

recon link to the 2015 table .

http://www.veterans.gc.ca/pdf/services/disability-award/disaward_15.pdf

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