We are committed to supporting Canada’s Veterans, especially those who are ill and injured.
It is our responsibility to provide financial security for those who need it; that is why we are carrying through on our commitment for a Pension for Life.
This monthly payment will mean better support for ill and injured Veterans.
Our Pension for Life plan includes:
Tax-free financial compensation, with the choice of monthly payments for life, to recognize pain and suffering caused by a service-related disability.
This will provide a maximum monthly amount of $2650 for those most severely disabled;
Income replacement for Veterans who are experiencing barriers returning to work after military service at 90% of their pre-release salary.
In some circumstances Veterans may be eligible for an additional 1% career progression factor each year; and
Services and benefits to help Veterans in a wide-range of areas, including education, employment, and physical and mental health.
We are delivering on what we committed to do — better support for our Veterans and their families.