Veterans' pension basic rates locked in retroactively from 1985 to end of 2026, with new Schedule IV listing exact amounts

Plain-language summary · AI-assisted

The amendment formally establishes the dollar amounts of the basic pension payable to disabled Canadian Forces members for every year from April 1, 1985 through December 31, 2026, consolidating them in a new Schedule IV. All pension and allowance amounts that were linked to, or calculated from, the basic pension during that same period are deemed to have been set on the same basis — this retroactive fix overrides any conflicting provision in this or any other federal Act. Starting January 1, 2027, the existing annual cost-of-living adjustment mechanism resumes as the operative rule. Three regulation-making powers are also restored: the Governor in Council can set rules for wage and tax calculations used in adjustments, can amend Schedule IV (including adding a January 1, 2026 entry), and can make those regulations retroactive. Veterans, survivors, and dependants who receive pensions or allowances under this Act may want to confirm that the amounts they have received align with the Schedule IV figures for historical periods.

Who this affects
Canadian Forces veterans receiving disability pensions · survivors and dependants of deceased service members · pension administrators applying the Pension Act · federal officials calculating annual pension adjustments