We will give veterans more compensation, more choice, and more support in planning their financial future.
We will re-establish lifelong pensions as an option for our injured veterans, and increase the value of the disability award. We will ensure that every injured veteran has access to financial advice and support so that they can determine the form of compensation that works best for them and their families.
To better support veterans who have had their career options limited by a service-related illness or injury, we will invest $25 million each year to expand access to the Permanent Impairment Allowance. We will invest a further $40 million each year to provide injured veterans with 90 percent of their pre-release salary, and will index this benefit so that it keeps pace with inflation.
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