Recent content by RCR88

It fucking stupid. If I had the option of taking a lump sum based off me being alive until I'm 80 I would stand to get 91000$ I could use that for a downpayment and pay of debts. but now ill get 125-150$ a month....Wont even pay my cell phone bill

Its an absolute joke.  :rofl: :rofl: :rofl: :rofl:

DIRECTLY FROM THE PFL FACT SHEETS: AM I ABLE TO CONVERT THE ADDITIONAL MONTHLY AMOUNT INTO A LUMP SUM PAYMENT? No. The additional monthly amount is above and beyond what you would have received as a lump sum Disability Award (DA) payment. It is only available as a monthly payment for life...

Ok...So now I am confused.. I was paid out 15% back in 2010....Will I have the option to receive my PLF in a Lumpsum? or do I HAVE to take a monthly payment?

I got that directly from VAC on the phone today. It might be something that is changing but I highly doubt it.

This is absolutely ridiculous. It make sense for someone who is going to be receiving the maximum each month not to take a lump sum,  but for someone like me who received a lump sum at 15% 9 years ago. Based on life expectancy, I still have 50 years or so left. so I going to get like 80$ a...

So I am probably looking at 75,000$ is what you're saying

I have a few questions about this Pension for Life fiasco we are all about to deal with I released in 2010 with a 15% pay out from VAC for 40,000$ and a top up in 2017 of 7600$ With this new PFL pain and suffering compensation being 1150 a month and me being eligible for 15% of that (172.50$)...