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The New Veterans Charter

Financial Benefits Program

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CF Veterans who become disabled often worry about how they are going to pay their bills and support their families. The New Veterans Charter means that CF Veterans who have a service-related, or career-ending, condition may qualify for:

  • Earnings Loss Benefits. This will ensure that your income does not fall below 75% of your gross pre-release military salary while taking part in the rehab or vocational assistance program.
  • Permanent Impairment Allowance. This helps CF Veterans who suffer from lost job opportunities because they are permanently and severely impaired.
  • Supplementary Retirement Benefit. This makes up for the lost opportunity to contribute to a retirement fund after releasing from the Forces. It is a lump-sum payment that is taxable.
  • Canadian Forces Income Support (CFIS). This tax-free benefit helps CF Veterans who are able to work but have not been able to find a job or have a low-paying job after completing the Rehab Program.

Who can benefit from the financial benefits program?

You may qualify for Earnings Loss Benefits if you are:

  • a CF Veteran who has a rehab or vocational assistance plan developed; or
  • the survivor of a CF member or Veteran who dies due to:
    • a service-related injury or disease; or
    • a non-service-related injury or disease aggravated by service.

You may qualify for a Permanent Impairment Allowance if you are a CF Veteran who has:

  • a physical and/or mental impairment that is severe and permanent;
  • a rehab plan that is approved by VAC; and
  • received a disability award related to this impairment.

You may qualify for a Supplementary Retirement Benefit if you are:

  • a CF Veteran who is totally and permanently incapacitated and you no longer qualify for Earnings Loss Benefits because you:
    • have reached the age of 65; or
    • are now able to hold down a suitable job.
  • a survivor of a CF member or Veteran (some conditions apply, please contact VAC for more information).

You may qualify for Canadian Forces Income Support if you:

  • are a CF Veteran who no longer qualifies for Earnings Loss Benefits and you:
    • successfully completed the Rehab Program;
    • need financial help because your household income is not enough to meet your basic needs;
    • are looking for a suitable job but have not been able to find one; and
    • live in Canada
  • no longer qualify for Earnings Loss Benefits, because you:
    • have reached the age of 65; or
    • are able to return to work.
  • a survivor of a CF member or Veteran who lives in Canada and meets income, and other, conditions.
 
Updated: 2006-10-25