Your pay in the Canadian Forces is based on your occupation and rank. All service personnel, men and women, married or single, are paid on the same scale. Your pay will automatically be deposited into your bank account of a financial institution of your choice, on the 15th and the last day of each month. The usual deductions will be made for income taxes, Canada Pension Plan, Employment Insurance
Everyone starts out as a Private, Incentive Pay Category (IPC) 1 or Officer Cadet Basic. Every year, your IPC increases. A Private who has been in the Reserves for three years earns $104.02 a day. Your pay increases every year until you reach the maximum IPC at the rank that you are at.
Whenever you are promoted, your Pay Level increases. Whenever you are promoted you start at the lowest IPC for your new rank. The one exception to this is when you are promoted from Corporal to Master Corporal. Whatever your IPC is at the Corporal rank, you get to keep when you get appointed as a Master Corporal (e.g., a Corporal IPC 3, once promoted to MCpl will immediately be granted IPC 3). To be paid you must work at least three hours for half a day’s pay or over six hours for a full day’s pay. A half-day’s pay is exactly half of what a full day’s pay is. So for a Private 1, it is $40.77.
Once you have one year of service and are qualified, education benefits are available to those in post-secondary education. You may receive reimbursement of half your tuition and books, up to a maximum of $2000 per year, and $8000 per program - providing you achieve a passing grade. You do not have to provide a guarantee of commitment past the period of your schooling, but must be an effective, attending soldier throughout the education period.
For members of the Regiment who live more than 16km away from the Armoury (one way trip), a transportation allowance is paid.
When your military duty takes you outside of the local area (eg., if your recruit course is in London or Meaford or Petawawa) then you are entitled to Temporary Duty (TD) pay. This is an additional $17 (approximately) per day in addition to you daily pay. If you are on TD for more than 30 consecutive days (one month) then the rate goes down to approximately $15/day for the remainder of your contract.
In addition to your pay, whenever you are deployed on an exercise (in the field) you are entitled to Field Operations Allowance (FOA). This is an additional $18.46 for every 24-hour period you spend in the field. It is important to note that a person cannot receive both TD and FOA at the same time. If you are on TD and are entitled to FOA, your TD will stop for the day(s) that you are receiving FOA.
In addition to pay and allowances, members of the Reserves are entitled to certain dental benefits, education reimbursements and can pay into the Service Income Security Insurance Plan (SISIP). These benefits usually become available to members of the Regiment, once they have completed a minimum of one year’s service and have successfully completed their trade training.
The Reserve has a pension plan that is manditory to join after two years of service. Members start paying in, colminating into more future earnings for longer and more frequently serving soldiers