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Recent content by RLD

  1. R

    Income Tax and Health Insurance

    Provincial taxation depends on your residential ties on 31 Dec of the tax year. The two biggest are where your home (owned or leased) and personal property are located and where your spouse or common law partner and/or dependants reside. In most cases this means where you lived on 31 Dec. If you...
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    Pay: Statements, Backpay, Benefits, Deductions (Taxes, T4), Deployed ect... [MERGED]

    Agree ArmyVern. I was not as clear as I should have been. The point I was making is CRA does not just use location on 31 Dec to determine residency but also looks at residential ties. Location of dependants is a big one that is hard to top and in the situation described CRA would almost...
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    Pay: Statements, Backpay, Benefits, Deductions (Taxes, T4), Deployed ect... [MERGED]

    I suspect this situation has little to do with DND deductions but comes down to satisfying CRA on several issues including Residency (provincial), Marital Status and Child Custody. The fact that you and your spouse/common law partner filed in different provinces probably tripped a flag with the...
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    Reserve University Reimbursement Program

    The policy for Primary Reserve Education Reimbursement is detailed in CBI 210.810 ( http://www.cmp-cpm.forces.gc.ca/dgcb-dgras/pub/cbi-dra/210-eng.asp#sec-801 ). Of note: 1. Reimbursement is for courses successfully completed in the academic year not when the course started or tuition was paid...
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    PRES VS RCN PRL

    If the other guy was PRes (including PRL) at the time the position was advertised then he has every right to apply the same as any other PRes member who met the requirements regardless of a RegF background. If he was Supp Res or CT'd directly from the Reg F to this job then it would appear that...
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    PRES VS RCN PRL

    I think you may be mixing up some terms (PRes, PRL, Supp List) and situations (CT to a Res Force position) here. Full def'n of the terms can be found in CFAO 2-8 ( http://www.admfincs-smafinsm.forces.gc.ca/cfa-oaf/002-08-eng.asp ). The short version: Primary Reserve (PRes): members who have...
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    Reserve Pension- Merged

    Sorry. I didn't receive such a breakdown. All I got from Pension Services was: a. Statement of Service which gave a year by year breakdown of my CF Service; b. Calculation of the Annuity which gave my total annuity and how it was arrived at; and c. The Cost of Past Service Election (Part I and...
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    Reserve Pension- Merged

    I assume you are referring to the Excel calculator that was published on the pension website back in 2007 and then removed. If so then the latest update I did back in 2009 showed about 64% of the total part I.1 cost was interest. While I believe this is roughfully accurate (+/- 2 or 3%) there...
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    Reserve Pension- Merged

    From the 2010 Actuarial Report of the RFPP (available at http://www.osfi-bsif.gc.ca/osfi/index_e.aspx?DetailID=502 ) RFPP Fund Liabilities = $155,700,000 RFPP Fund Assets = $233,300,000 (149.8% of liability) RFPP Fund Surplus = $77,600,000 So what created this surplus of nearly 50%? There are...
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    Reserve Pension- Merged

    RECCEGUY: Agree with you that the numbers don't make any sense. $135K to buy a $500/month pension is quite simply a losing proposition that you would have to be crazy to take. $135K could buy a 60 year old male a life annuity through an Insurance Company that would pay about $675/month and that...
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    Reserve Pension- Merged

    JustMyAlias: There are a number of issues in your questions and a lot of missing information making it impossible to give a simple answer. I won't get into any other issues (e.g. HHT, Rank/Seniority on enrollment etc) but will try to help out with the pension questions. Re the RRFP as a scam. ...
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    Reserve Pension- Merged

    Rifleman: The member cost difference between the RFPP and other government sponsored is indefensible which is why officials either refuse to address the issue or, as has happened in your case, try to spin irrelevant or misleading statements to camouflage the fact that Reservists are paying a lot...
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    Reserve Pension- Merged

    The AG report on the RFPP is quite disappointing. It is a superficial look at the RFPP that barely scratches the surface of the problems and ignores the causes. Among the litany of DND excuses is the "complex" policy and regulations. You would think if someone blamed policy or procedure for...
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    Reserve Pension- Merged

    The 2008-2009 Annual report on the CF Pension Plans has been posted on the Adm Fin&CS website at http://www.admfincs.forces.gc.ca/doc/dcf-dsp/ar-ra-0809-eng.pdf Still wading through it myself but two items that jumped out at me: 1.  3395 elections filed. 106 completed. 299 "in progress"...
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    Reserve Pension- Merged

    I doubt that anyone who has tried to deal with DCFPS over the last 4 years would say anything but a resounding NO to the question of whether the tools were in place to deal with the RFPP. DCFPS said as much in the 2006/07 annual report on the CFSA. It will be interesting to see if the AG...
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