Veterans Well-being Regulations

Version of section 63 from 2015-07-16 to 2017-03-31:

  •  (1) In this section, basic pension means the monthly basic pension payable under Schedule I to the Pension Act to a Class 1 pensioner without a spouse, common-law partner or child.

  • (2) The amounts set out in column 2 of items 2.2, 3 and 4 of Schedule 2 to the Act and all the amounts in column 3 of Schedule 3 to the Act shall be adjusted on January 1 of every calendar year so that the amount payable for that year equals the product obtained by multiplying

    • (a) the amount payable in the preceding calendar year

    by

    • (b) the ratio that the basic pension payable in the calendar year bears to the basic pension payable in the preceding calendar year.

  • SOR/2015-197, s. 6
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