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Veterans Affairs Canada

www.veterans.gc.ca

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  4. Disability Award Payment Calculator

Disability Award Payment Calculator

If you are receiving a Disability Award, you have flexible payment options: a lump-sum payment, annual payments over the number of years of your choosing, or a combination of these two payment options. This calculator can help give you an idea of what your annual payments could be.

Please enter your information in the Disability Award Payment Calculator:

*Indicates a mandatory field


(Max 9999999.99)



(yyyy-mm-dd e.g. 2011-12-31)

(yyyy-mm-dd e.g. 2011-12-31)

(2 to 75 years)
years
Note: This calculator is for general illustrative purposes only.

No personal information is collected through this tool. No responsibility is accepted by or on behalf of the Government of Canada and their employees on the accuracy or completeness of any information, or calculations provided through the use of this calculator. The results obtained through the use of the Calculator have no legal authority.

Amount of Award: Enter the amount of the Disability Award provided in the letter you received from Veterans Affairs Canada.

Minus Partial Payout: Enter the partial amount here if you wish to take part of your Disability Award immediately and the balance in annual payments.

Decision Date: Enter the date of the Disability Award decision from Veterans Affairs Canada or from the Veterans Review and Appeal Board.

Election Date: Enter today's date.
Please note that the date used by Veterans Affairs Canada will be the postmark date on the envelope when you return your Disability Award Payment Options form to us. The interest rate may vary slightly based on the date that is entered in this field.

Payments over: Enter the number of years you would like to receive annual payments.

Annual Payment Amount: The calculator will display the dollar amount of each annual payment (including interest) that would be produced using the criteria you have entered.

Need financial advice? You could be eligible to receive support for Financial Advice

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Date Modified:
2011-11-04