SISIP COLA RETRO (Assorted Topics)

Page 10 of 11 Previous  1, 2, 3 ... , 9, 10, 11  Next

View previous topic View next topic Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by Rifleman on Fri 17 Jul 2015, 14:59

I don't know what the outcome was for you firebird but I am happy that this portion has come to a end for you congrats

Rifleman
CSAT Member

Number of posts : 610
Location : facebook
Registration date : 2013-05-15

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by RobbieRoyal on Fri 17 Jul 2015, 15:25

congrats finally firebird sweet jesus almost over
avatar
RobbieRoyal
CSAT Member

Number of posts : 1699
Location : Petawawa Ontario
Registration date : 2013-02-15

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by 1993firebird on Fri 17 Jul 2015, 17:04

Thanks Rifleman and RobbieRoyal , something is better than nothing. Now I am waiting for my LTD appeal decision with SISIP and my application for PIA decision with VAC.

1993firebird
CSAT Member

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

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by PipperNavy on Fri 17 Jul 2015, 19:37

I finally got mine yesterday as well .. good luck to the rest still waiting
avatar
PipperNavy
CSAT Member

Number of posts : 89
Location : Sooke
Registration date : 2012-10-13

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by Guest222 on Fri 17 Jul 2015, 23:01

It doesn't freckin make sense.......... I still don['t' understand it. I got a pile of fracking money from the cola and I'm afraid to do anything with it because I'm afraid they made a mistake! For the life of me, I can't figure out how they came up with 40% of my original settlement for COLA

Guest222
CSAT Member

Number of posts : 3
Location : NS
Registration date : 2015-06-16

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by Back-up on Sat 18 Jul 2015, 08:56

It doesn't make sense to get Zero either.

Back-up
CSAT Member

Number of posts : 24
Location : Canada
Registration date : 2014-06-19

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by 1993firebird on Sat 18 Jul 2015, 10:23

My retro was around $53,000 , for a total of two years , that is with the interest and anything else. I think my clawback amount was around $47,000. My COLA was $270 before deductions.

1993firebird
CSAT Member

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

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by Trooper on Sun 19 Jul 2015, 18:09

If you take a look at para (10) of the Cola court order it states that " If a class member had a pension act offset cancelled by the first May 01 2012 order and the debt cancellation was not factored into the calculation from the members first refund , the principal refund amount shall be reduced by the pension act debt cancelled.
If the administrative is " NEGATIVE " it can be used to reduce the Cola refund otherwise payable , but in no event shall the member be left owing arising from the administration correction "

Also if you look at para (24) of the Cola order it states that Deloitte will review, monitor and report quarterly on the process and compliance of the order.

So this may answer some questions asked about the Cola for those who did not fair well.

avatar
Trooper
CSAT Member

Number of posts : 5247
Location : New Brunswick
Registration date : 2013-02-18

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by Back-up on Sun 19 Jul 2015, 18:35

Trooper, what does that mean? Duh, I don't understand.
If it means a member in debt to SISIP from the past, I owed Zero.

Back-up
CSAT Member

Number of posts : 24
Location : Canada
Registration date : 2014-06-19

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by Trooper on Sun 19 Jul 2015, 19:06

My guess an the way in which I understand it - or read it is that if you had an administrative correction from your first retro an that correction was not implemented in your first retro , they will deduct that correction amount from your now Cola.
What they won't do is go beyond the 0 dollar amount - in other words they will not come after you for any negative amounts below that correction amount - so if your negative $600.00 - your Cola will be 0 dollars.
This may be the reason behind seeing two members with almost Identical numbers , and one member receiving $100.00 Cola an the other receiving $10.000.
avatar
Trooper
CSAT Member

Number of posts : 5247
Location : New Brunswick
Registration date : 2013-02-18

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by peep on Tue 28 Jul 2015, 16:52

Zippo, zilch, nothing - Nil
avatar
peep
CSAT Member

Number of posts : 815
Location : International Space Station (celibacy section)
Registration date : 2012-09-13

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by 1993firebird on Tue 28 Jul 2015, 17:46

Sorry to here that peep but you must receive a letter of explanation if you do not receive any COLA.

1993firebird
CSAT Member

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

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by peep on Tue 28 Jul 2015, 17:47

No letter nada.
avatar
peep
CSAT Member

Number of posts : 815
Location : International Space Station (celibacy section)
Registration date : 2012-09-13

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by Trooper on Tue 28 Jul 2015, 18:13

Sorry, just read the above post which answered my question.
avatar
Trooper
CSAT Member

Number of posts : 5247
Location : New Brunswick
Registration date : 2013-02-18

Back to top Go down

Re: SISIP COLA RETRO (Assorted Topics)

Post by 1993firebird on Tue 28 Jul 2015, 19:08

peep , next step is to contact law firm.

1993firebird
CSAT Member

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

Back to top Go down

Page 10 of 11 Previous  1, 2, 3 ... , 9, 10, 11  Next

View previous topic View next topic Back to top

- Similar topics

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