- Reaction score
- 1,113
- Points
- 1,160
Looks like some new and better benefits.
http://www.forces.gc.ca/en/caf-community-benefits/know-your-benefits-articles/relocation-policy-update.page
What’s new for APS 2018:
Penalties for early repayment when mortages cannot be ported will be covered;
Mortgage default insurance, covering the cost of insurance when downpayments are under 20 per cent will be covered;
Expenses related to up to four additional days when required for house hunting trips will be reimbursed as a custom benefit instead of a personalized benefit;
Doubling the core benefit limit for home equity assistance from $15,000 to $30,000;
Increasing the time limit to two years, with the possibility for extensions, for a member’s final move to their intended place of residence (IPR);
Ten days are added to the policy for interim lodging, meals, and other expenses, to provide a degree of flexibility when members are arranging the possession date of a new home (a slight relaxation of the “door-to-door” policy);
Service couples now have the option to relocate independently when posted to two different places of duty;
The weight restriction for shipment of household goods and effects to and from Goose Bay, NL, is removed;
The entitlement to long term storage of household goods and effects is expanded to include postings to any locations outside of Canada and postings to any isolated post; and
Some relocation benefits for releasing, untrained Regular Force members will be paid.
In addition, the following benefits will no longer be offered:
The “Capital Improvements” provision is repealed. This benefit reimbursed members for some limited capital improvements to their residence if, when they sold their homes, they did not recuperate the full cost of those improvements;
Several incentives which paid members for not doing things will also be repealed:
- Payment for shortened house hunting trip;
- Payment for not using Long Term Storage or shipping major appliances;
- Payment for not taking additional rooms on a house hunting trip; and
- Payment not to ship or store a vehicle.
Details of all the changes can be found in CANFORGEN 073/18.
http://www.forces.gc.ca/en/caf-community-benefits/know-your-benefits-articles/relocation-policy-update.page
What’s new for APS 2018:
Penalties for early repayment when mortages cannot be ported will be covered;
Mortgage default insurance, covering the cost of insurance when downpayments are under 20 per cent will be covered;
Expenses related to up to four additional days when required for house hunting trips will be reimbursed as a custom benefit instead of a personalized benefit;
Doubling the core benefit limit for home equity assistance from $15,000 to $30,000;
Increasing the time limit to two years, with the possibility for extensions, for a member’s final move to their intended place of residence (IPR);
Ten days are added to the policy for interim lodging, meals, and other expenses, to provide a degree of flexibility when members are arranging the possession date of a new home (a slight relaxation of the “door-to-door” policy);
Service couples now have the option to relocate independently when posted to two different places of duty;
The weight restriction for shipment of household goods and effects to and from Goose Bay, NL, is removed;
The entitlement to long term storage of household goods and effects is expanded to include postings to any locations outside of Canada and postings to any isolated post; and
Some relocation benefits for releasing, untrained Regular Force members will be paid.
In addition, the following benefits will no longer be offered:
The “Capital Improvements” provision is repealed. This benefit reimbursed members for some limited capital improvements to their residence if, when they sold their homes, they did not recuperate the full cost of those improvements;
Several incentives which paid members for not doing things will also be repealed:
- Payment for shortened house hunting trip;
- Payment for not using Long Term Storage or shipping major appliances;
- Payment for not taking additional rooms on a house hunting trip; and
- Payment not to ship or store a vehicle.
Details of all the changes can be found in CANFORGEN 073/18.
