233567
234217
MP-Report

Pension for life for vets

Pension for life and a commitment to do better for our veterans

In 2006, all parties in the House of Commons passed the New Veterans Charter (NVC). 

It modernized the benefits and services available to veterans, recognizing that those who had served in places like Afghanistan were going to need help transitioning to civilian life through the provision of financial, education, re-training and mental health supports that were not available under the old Pension Act.

But since the establishment of the NVC, and despite improvements, many veterans have continued to express concern that the most severely injured veterans needed a greater commitment from the federal government in the form of a lifetime pension.

On Dec. 20, Seamus O’Regan, minister of Veterans Affairs and associate minister of National Defence unveiled the government’s Pension for Life, a plan that will make significant changes to rectify the situation.  

The Pension for Life plan has three key pillars:

  • monthly, tax-free financial compensation, with the choice of monthly payments for life, to recognize pain and suffering caused by a service-related disability with a maximum monthly amount of $2,650 for those most severely disabled with barriers to re-establishment;
  • income replacement for veterans who are experiencing barriers returning to work after military service at 90 per cent of their pre-release salary. In some circumstances Veterans may be eligible for an additional one per cent career progression factor each year; 
  • services and benefits to help veterans in a wide-range of areas, including education, employment and physical and mental health.

These provisions represent an additional investment of close to $3.6 billion to support Canada’s veterans. When combined with well-being programs already announced in previous budgets, the government’s investments since 2016 add up to nearly $10 billion. 

Previous adjustments to the New Veterans Charter have added layers of complexity to an already overburdened system, a problem that was exacerbated with the closure of VAC offices across Canada under the previous government.

By reopening the VAC offices and making improvements and changes to Veterans programming in Budget 2016 and Budget 2017, veterans in Kelowna and across the country have the person to person support they need to navigate the suite of benefits and services available to them.  

Now, with our most recent announcement, unnecessary complexities and delays will be addressed and supports can be tailored to a veteran’s unique situation and service history to help Veterans and their families live a full and productive life post-service. 

In the meantime, those who are having the most difficulty resuming a normal life and those who have the most catastrophic injuries remain the government’s most pressing priority.

With the right balance and effective mix of financial compensation, benefits and well-being support services, it’s now time to turn our full attention to delivering services our veterans want and deserve.

This article is written by or on behalf of an outsourced columnist and does not necessarily reflect the views of Castanet.



More MP Report articles



About the Author

Stephen Fuhr was born in Edmonton, AB and grew up in Kamloops, BC. He is a former CF-18 fighter pilot with the Canadian Air Force.

After serving with distinction for 20 years, Stephen retired from the Canadian Forces in 2009 with the rank of Major. He joined his family’s Kelowna-based company, SkyTrac Systems, which develops aviation communication and tracking equipment. As CEO and Director of Business Development, he led the company to financial success in a challenging economic climate.

In 2012, Stephen left the company to pursue his first love of flying.

With growing interest in politics and a desire to serve his country again, Stephen ran for office in the 2015 election.

Today, he proudly serves as the Member of Parliament for the Kelowna-Lake Country riding. 



231499
The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet does not warrant the contents.

Previous Stories



233828


233726