MidShipsMan
Guest
- Reaction score
- 4
- Points
- 30
I've noticed the income replacement benefit is increased every January. This year (2024 Jan) I see a 14% increase.
1. Does anyone know if there is direct language or info concerning annual adjustments?
Also, RE: Simon Logan v Her Majesty, it is stated on the McInnes Cooper website:
If you continue to receive SISIP benefits and Income Replacement Benefits, your IRB monthly amount will be adjusted going forward to account for the increase in SISIP benefits.
2. Has anyone received literature breaking down the adjustment to their IRB to account of the allowances in the Class Action suit?
I hope its okay I started a new thread, I wanted this to be a specific resource for those trying to calculate and track their monthly benefits. Also, feel free to chime in about SISIP LTD, since these are proportionate.
1. Does anyone know if there is direct language or info concerning annual adjustments?
Also, RE: Simon Logan v Her Majesty, it is stated on the McInnes Cooper website:
If you continue to receive SISIP benefits and Income Replacement Benefits, your IRB monthly amount will be adjusted going forward to account for the increase in SISIP benefits.
2. Has anyone received literature breaking down the adjustment to their IRB to account of the allowances in the Class Action suit?
I hope its okay I started a new thread, I wanted this to be a specific resource for those trying to calculate and track their monthly benefits. Also, feel free to chime in about SISIP LTD, since these are proportionate.