Author Topic: April 2017 Top Up Payments Incorrect  (Read 445 times)

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Offline dunlop303

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April 2017 Top Up Payments Incorrect
« on: November 08, 2018, 15:41:40 »
Everyone please go back to your current benefits and payment history, and add up total disability award and other benefits "additional lump sum".

I don't know why I didn't raise the alarm earlier, but I just spoke to VAC about my math vs their math and I and they just realized I was shorted 32,735.63 on the April 1, 2017 top up payment.

Being rated at 100% over multiple separate decisions since 2008, I had 282,108.40 as previous disability awards and 45,155.97 under additional payments. At the time I was so focused on the CIB I didn't read the language carefully enough and thought my total - 327,264.37 was not 360,000.00 because It was indexed differently over the years. After all the news this week about their horrid accounting I back checked my own profile called in with my finding and knew I had hit something sensitive when I was placed on hold for 18 minutes. It’s being put into a report for the pay office, and they asked me to call back in a week to verify payment release.

 

Simply put make sure your paid rating ie, 98% disabled - 100% paid out equals the proper share of 360,000.

for example, my total received to date is 327,264.37 is %90.09 not %100.

 

Deep breaths...……………. MF's!

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Re: April 2017 Top Up Payments Incorrect
« Reply #1 on: November 08, 2018, 15:46:20 »
I'm surprised they're changing it,  because that's how they saved money on it. They only topped you up to the max value in the award year dollars,  not 2017 dollars. Sleight of hand to pay us less money.

Offline dunlop303

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Re: April 2017 Top Up Payments Incorrect
« Reply #2 on: November 08, 2018, 16:03:24 »
Definitely challenge it of your in the same boat because I was thinking the exact same way untill I did the calcs and re-read the language. I almost didn't bother calling in, I've asked the question via message before and got no actual answer as usual. But the analyst confirmed any percentage you are rated between Jan 1 2008 - end of the 2016 rates are supposed to be applied directly to 360k, %10 = 36k ect.

Offline Teager

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Re: April 2017 Top Up Payments Incorrect
« Reply #3 on: November 08, 2018, 17:21:21 »
Can you point me to the language your referring too?

This is how VAC calculated the top up.

Quote
Essentially, the one-time lump sum additional payment is the difference between the adjusted amount(s) from the year you were paid and the Disability Award(s) and/or Death Benefit amount(s) you already received.

To calculate the amount of the one-time lump sum additional payment, VAC takes the new maximum Disability Award and/or Death Benefit amount ($360,000)—that came into effect on April 1, 2017—and adjusts downward by the Consumer Price Index for each year back to 2006. Veterans Affairs Canada then calculates the amount you would have been paid (based on the new adjusted maximum for that year) and subtracts the amount of Disability Award and/or Death Benefit already paid.

Each payment differs depending on when the Disability Award(s) was paid and whether it was one Disability Award or multiple Disability Awards.

http://www.veterans.gc.ca/eng/help/faq/disability-award-increase#a04
« Last Edit: November 08, 2018, 18:01:03 by Teager »

Offline RobA

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Re: April 2017 Top Up Payments Incorrect
« Reply #4 on: Yesterday at 10:54:08 »
Yeah definitely keep us posted. This wasn't unknown (at least to me) if you go back on the main top up thread, you'll see that was my main point. the closer to 2017 a vet was injured, the closer they'd get to recieving the ACTUAL number of $360,000. I complained pretty bitterly about how the formula subtracted for CoL b/c it seemed unfair. Yes, the CoL increase meant $1 in 2008 (when I was hurt) is worth more the $1 in 2017, but by the same token,  the 2017 top up was an explicit admission by VAC that they "shortchanged us" and reimbursed us. But my argument was, ok well sure, you're paying me NOW what you wopuld've paid me THEN, but that's 10 years time. I could've invested that sum and made 5%+/year  in the interim and had far more. Seemed like they should've just topped us all to the nominal number of $360,000.

With all that said....the reason why I KNEW they were doing it like that is because that's how the formula was pretty explicitly written into the law. Are we sure they're going to top us up? Cause I've only been paid $310,000 in total despite being rated at 100%.

Offline RobA

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Re: April 2017 Top Up Payments Incorrect
« Reply #5 on: Yesterday at 10:56:52 »
Can you point me to the language your referring too?

This is how VAC calculated the top up.

http://www.veterans.gc.ca/eng/help/faq/disability-award-increase#a04

Yeah, exactly. That's a shitty way to do it (see my post above) but that's pretty explicitly the way they MEANT to do it. We can quibble with the formula, but it's not like they made a mistake. That's the way it's written in the act. I'm sckeptical they'd change that, unless the new top up in April is making them change their policy. Which would kind of be bad news, cause it would imply that the debate we're having on the main PFL thread (about if someone @ 100% is going to get around $50k or $360k) is more along the $50 k line