A crime victim or rescuer whose file was accepted
before October
13,
2021 and who has permanent sequelae confirmed by a health professional may receive a permanent disability annuity. The annuity is granted under the former IVAC compensation plan.
The annuity can be paid to a victim or rescuer who is experiencing permanent consequences caused by a criminal offence, such as persistent trauma or shock. It can also be paid to relatives in the event of the victim’s or rescuer’s death.
Ways to receive the permanent disability annuity
The permanent disability annuity can be paid in one of the following 2 ways:
Determine the type of annuity to be paid
The type of payment is determined based on the amount that the victim or rescuer must receive monthly.
Monthly amount higher than $266,62
The annuity is paid in the form of a lifetime annuity. The victim or rescuer receives it all their life, or until the person requests that it be converted into a capital sum.
Monthly amount less than or equal to $266,62
The annuity can be paid in the form of a lifetime annuity or be converted into a capital sum. It is the victim's or rescuer's choice. The victim or rescuer confirms their choice in the "Decision – Permanent disability” letter. If the victim or rescuer has not informed IVAC of their choice within the time limit mentioned in the letter indicating the amount of their annuity, they will automatically be paid a monthly annuity for 3 months, and a capitalized amount of their annuity will be paid to them at the end of the 90-day contestation period allowed.
The base amount is indexed each year.
If you need any further information, you can consult a resource at the Association coopérative d'économie familiale (ACEF) in your region. This association is qualified to help you make the best decision about the type of annuity that is best suited to your situation.
Calculation methods
See the calculation methods to help you understand more clearly how the 2 types of annuities are calculated.
To calculate the lifetime annuity, 3 factors are taken into account:
- The net income on the date of the criminal offence, i.e., gross income less deductions
- The
permanent disability percentage
- A period of 12 months
The amount is calculated by multiplying 90% of the net income by the percentage of sequelae, divided by 12 months. The result of this operation corresponds to the amount of the monthly annuity at the time of the event. The monthly annuity is indexed annually.
To obtain the capital sum, the amount of the monthly annuity established at the time of calculation must be multiplied by the actuarial factor, which corresponds to a figure determined in
Schedule E of the Workers' Compensation Act. The actuarial factor is a variable used when calculating the capital sum that varies based on the number of days that have elapsed between the anniversary dates of an event. This variation results in a reduction of the final amount that will be paid.
The table of actuarial values is based on the victim's or rescuer's age at the time the annuity is calculated.