Veterans Well-being Act
Marginal note:Amount of benefit — veteran under age 65
19 (1) Subject to the regulations, the monthly amount of the income replacement benefit that is payable under section 18 to a veteran who is under the age of 65 years — or to a veteran who has attained the age of 65 years, for the month in which the veteran attained that age — shall be determined by the formula
A - B
- is 90% of the veteran’s imputed income for a month; and
- is an amount that is payable to the veteran for a month from prescribed sources.
(2) The Governor in Council may make regulations
(a) respecting, for the purposes of subsection (1), the determination of the imputed income in respect of a class of veterans, including the periodic adjustment — including in accordance with a career progression factor — of the monthly military salary used in that determination;
(b) providing for a minimum amount of imputed income in respect of a class of veterans and for the periodic adjustment of that minimum amount; and
(c) respecting the determination, for the purpose of the description of B in subsection (1), of an amount payable to a class of veterans for a month.
(d) [Repealed, 2018, c. 12, s. 132]
Marginal note:Career progression factor
(3) If regulations made under paragraph (2)(a) provide for the periodic adjustment of a veteran’s monthly military salary in accordance with a career progression factor, that periodic adjustment may only be applied if the Minister determines under subsection 18(5) that the veteran has a diminished earning capacity, and it shall not be applied after the earlier of
(a) the last day of the prescribed number of years of service of the veteran in the Canadian Forces, and
(b) the day before the day on which the veteran attains the age of 60 years.
- 2005, c. 21, s. 19
- 2016, c. 7, s. 82
- 2018, c. 12, s. 132
- Date modified: