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- Increased Disability cover for military
Increased Disability cover for military
- By ILS corp
- Published 05/25/2009
- ILSTV Stories
- Unrated
The Government of Canada will provide $356 million over the next four years to cover the full cost of insuring Regular Force members against service-related injuries and illnesses and to cover the government share of a premium increase for non-service related injuries.
SISIP Long Term Disability is a premium-based insurance program that provides an income replacement in combination with other monthly income benefits provided under the Pension Act, Canadian Forces Superannuation Act and the Canada/Quebec Pension Plan. The Government of Canada previously funded 85 per cent of premiums for both service-related and non-service-related injuries and illnesses for Regular Force members, with the members paying the remaining 15 per cent through mandatory monthly deductions. Members will continue to pay the 15 per cent premium for coverage for non-service-related injuries through mandatory monthly deductions.
The Government of Canada will continue to fund 100 per cent of both premiums for Primary Reserve members on Class A or B service, and Reserve Force members on Class C service.

