Security Veterans

Increase the value of the disability award.

Liberal Platform | Page 49
October 5, 2015

Saturday April 1, 2017 | Government Website

Disability Award Increase

As of April 1, 2017, the new maximum Disability Award amount will be increased to $360,000 from the previous maximum of $314,723.89. All Disability Award amounts will be increased proportionally as a percentage of the maximum $360,000 amount.

Tuesday March 22, 2016 | 2016 Federal Budget

2016 Federal Budget

Chapter 5 > Financial Support for Veterans

Budget 2016 [...] proposes significant enhancements to financial benefits for modern-day veterans. The proposed investment includes [...] increasing the Disability Award (maximum increased to $360,000 in 2017) for injuries or illnesses caused or worsened by military service, and aligning it with other New Veterans Charter benefits by indexing it to inflation. Higher Awards would be paid retroactively to all veterans who have received an Award since the introduction of the New Veterans Charter in 2006.