Veterans Ombudsman Releases Actuarial Follow-up Report
Veterans Ombudsman Guy Parent released today a follow-up to his 2013 Actuarial Analysis of the New Veterans Charter (NVC). He noted that since 2011, and prior to Budget 2017, Veterans Affairs Canada (VAC) introduced four new benefits and implemented eight enhancements to the NVC. While there has been a resulting increase to lifetime compensation for many Veterans, there remains gaps requiring further improvement. As well, the layering of additional benefits has resulted in increased complexity for Veterans.