Quote:
Originally Posted by Ace
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And if he doesn't qualify (sounds like he doesn't) the $72,000 would be considered a taxable benefit.
It should be noted that he doesn't receive the $72,000 it is paid directly to the realtors, lawyers, moving company etc. The fact that he moved a few blocks away is irrelevant, the retirement move is a benefit afforded to all CF and RCMP members with the required service. We don't get to dictate where these people get to retire, and it is quite common for someone to retire into a smaller house. The retirement move is a move that these men and women have earned.
As the kid of a now retired RCMP officer we moved every two years for 38 years from $hole to $hole. These moves aren't discretionary if you want to advance your career. It's a sacrifice that you make when you join these organizations.
$72,000 isn't unreasonable
Realtor Fees
Lawyer Fees
Moving Expenses ( intown move - Pack, Load, UnLoad, UnPack which is what they are entilteld on - easily $10,000)