Veterans Well-being Regulations

58 (1) For the purposes of subsection 58(2) of the Act, a death benefit shall be reduced

• (a) if a compensatory amount is paid or payable to a person, by either the compensatory amount or the full amount of the death benefit, whichever is less; or

• (b) if an additional amount is paid or payable to a person on a periodic basis, by either the actuarial compensatory amount or the full amount of the death benefit, whichever is less.

(2) The present value of an additional amount paid on a periodic basis

• (a) if the payor of the additional amount has calculated its present value, is that additional amount; or

• (b) if the payor has not calculated its present value, is the amount determined by the formula set out in paragraph 54(2)(b).