00000nam 2200000za 4500 9.812021 CaOODSP 20221107141224 cr ||||||||||| 160229s2013 onc o f000 0 eng d CaOODSP eng n-cn--- V32-291/2013E-PDF Audit of Earnings Loss [electronic resource]. [Ottawa] : Veterans Affairs Canada, 2013. ii, 15, [2] p. : tables. Issued also in French under title: Vérification de l’allocation pour perte de revenus. "Final - May 2013." The Earnings Loss benefit is one of the supports available through Veterans Affairs Canada’s Financial Benefits Program. Earnings Loss is payable in recognition of the economic impact a military career-ending or service-related disability may have on the Veteran’s ability to earn income following release from the Canadian Armed Forces. This income replacement ensures that the eligible Veteran's income does not fall below 75% of their gross pre-release military salary. The guaranteed minimum rate for fiscal year 2012-2013 was $41,598. This guaranteed minimum rate is adjusted based on increases to the basic corporal’s salary. The purpose of the audit was to provide assurance that the program and financial controls were working as intended to deliver results in accordance with related authorities. In addition, the Earnings Loss benefit has not been subject to an audit since the inception of the Canadian Forces Members and Veterans Re-establishment and Compensation Act in 2005. In the opinion of the audit team, Earnings Loss payments were accurate and issued in a timely manner. However, the audit did identify some areas for improvement, as it relates to: communication with Veterans regarding Earnings Loss decisions; annual statements of employment income; performance measurement; and, risk-based quality assurance. Overall, the program activities related to compliance and payment were determined to be “Generally Acceptable”. gccst Veterans gccst Disability pensions gccst Audit Canada. Veterans Affairs Canada. Audit and Evaluation Division. Vérification de l'allocation pour perte de revenus (CaOODSP)9.812022 PDF 355 KB https://publications.gc.ca/collections/collection_2016/acc-vac/V32-291-2013-eng.pdf