Veterans Affairs Canada to begin implementing three new benefits
June 30, 2015 – Ottawa – Veterans Affairs Canada
The Honourable Erin O’Toole, Minister of Veterans Affairs, confirmed today that the Retirement Income Security Benefit, the Family Caregiver Relief Benefit, and the Critical Injury Benefit for Canadian Armed Forces personnel, Veterans and their families will come into effect on July 1, 2015.
The Retirement Income Security Benefit will provide moderately to severely disabled military Veterans with continued assistance in the form of a monthly income support payment beginning at age 65.
The Family Caregiver Relief Benefit will provide Armed Forces Veterans with a tax-free annual grant of $7,238, allowing their informal caregivers some relief when they need it, while also ensuring that the Veteran’s care needs are being met.
The Critical Injury Benefit will provide a $70,000 tax-free payment to recognize and compensate severely injured or ill Canadian Armed Forces personnel and Veterans.
Martin Magnan
Press Secretary
Office of the Minister of Veterans of Affairs
613-996-4649
Media Relations
Veterans Affairs Canada
613-992-7468