Canada’s military will start phasing out old housing benefit – National

Canada’s military has created a new program to gradually phase out its old housing benefit after hearing feedback from members who were set to lose the payments.

The Armed Forces announced plans in March to create a new housing allowance that is based on salary, rather than where a soldier is posted.

It was estimated the move would make thousands of people eligible for the new allowance while cutting off thousands of others.


Click to play video: 'Rental market crisis: Canadians struggle as prices soar, supplies dwindle and demand rises'


Rental market crisis: Canadians struggle as prices soar, supplies dwindle and demand rises


The military said that would result in a savings of $30 million a year.

Story continues below advertisement

In an update to members, the director general of compensation and benefits says an interim program will phase out the old benefit with decreasing payments until July 2026.

Brig.-Gen. Virginia Tattersall says eligible members will be enrolled automatically and should get a lump-sum payment to cover the summer months sometime in the fall.

&copy 2023 The Canadian Press

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Chronicles Live is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – chronicleslive.com. The content will be deleted within 24 hours.

Leave a Comment