2011 FDR - Appendix B: Income supports
| Program or Initiative | Description | Amount ($ Millions) 2009–2010 | Amount ($ Millions) 2010–2011 |
|---|---|---|---|
| Direct spending Footnote 11 | |||
| Earnings Loss and Supplementary Retirement Benefit
Veterans Affairs Canada |
This benefit help veterans with disabilities pay their bills and support their families. The Earnings Loss Benefit ensures that the income of veterans with disabilities does not fall below 75% of their gross pre-release military salary while taking part in the rehab or vocational assistance program. The Supplementary Retirement Benefit makes up for the lost opportunity to contribute to a retirement fund after release from the forces. It is a lump sum payment that is taxable.
For more information, visit www.vac-acc.gc.ca/clients/sub.cfm?source=forces/nvc/programs/fb. |
28.3 | 40.2 |
| Veterans Disability Pension and Disability Awards Programs
Veterans Affairs Canada |
The Disability Award is meant to recognize and compensate for the non-economic impacts of a service-related disability. The disability award is a tax-free lump sum payment, depending on the extent of the disability.
The Disability Pension provides pension and other benefits for service-related death and disability to war service veterans, released and still serving members of the Canadian Forces and RCMP, and certain civilians, as well as survivors and dependants. For more information, visit www.vac-acc.gc.ca/clients/sub.cfm?source=dispen or www.vac-acc.gc.ca/clients/sub.cfm?source=forces/nvc/programs/da. |
2,030.2 | 2,118.5 |
Appendix B Text Description
The following programs and policies are considered “direct spending” related to income supports.
The next two programs listed were funded by Veterans Affairs Canada, also called VAC, in fiscal year 2010 to 2011. The descriptions begin with the amount spent.
40.2 million dollars on the Earnings Loss and Supplementary Retirement Benefits in fiscal year 2010 to 2011. 28.3 million dollars was spent in fiscal year 2009 to 2010. These benefits help veterans with disabilities pay their bills and support their families. The Earnings Loss Benefit ensures that the income of veterans with disabilities does not fall below 75 percent of their gross pre release military salary while taking part in the rehab or vocational assistance program. The Supplementary Retirement Benefit makes up for the lost opportunity to contribute to a retirement fund after release from the forces. It is a lump sum payment that is taxable. For more information, please call 1-866-522-2122 (English), or 1-866-522-2022 (French), or visit the internet at www.vac-acc.gc.ca/clients/sub.cfm?source=forces/nvc/programs/fb
2 billion, 118.5 million dollars on Veterans Disability Pension and Disability Awards Programs in fiscal year 2010 to 2011. 2 billion, 30.2 million dollars was spent in fiscal year 2009 to 2010. The disability award is meant to recognize and compensate for the non-economic impacts of a service-related disability. The disability award is a tax free lump sum payment, depending on the extent of the disability. The Disability Pension provides pension and other benefits for service related death and disability to war service veterans, released and still serving members of the Canadian Forces and RCMP, and certain civilians, as well as survivors and dependants. For more information, please call 1-866-522-2122 (English), or 1-866-522-2022 (French), or visit the internet at www.vac-acc.gc.ca/clients/sub.cfm?source=dispen and at www.vac-acc.gc.ca/clients/sub.cfm?source=forces/nvc/programs/da
This concludes Appendix B on income supports.
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