Okay.
Everybody makes mistakes. There is not a person in this room who has not been party to a mistake. The true hallmark of greatness is what you do after you've identified that mistake.
The history of the new Veterans Charter and the enhanced new Veterans Charter and whatnot, it's well known. It's a matter of history, and I think what you're hearing from the witnesses and what you're hearing in the street from other veterans' advocates and from veterans themselves is that there are issues. There are a lot of issues and they need to be addressed. There are strengths and there are weaknesses to parts of those programs, and this committee can hopefully take the steps to address some of the weaknesses so that those mistakes that were made become a thing of the past and veterans, as they move forward, realize that their service is acknowledged and valued and is not marginalized.
With regard to the lump sum payment, there's a very well-documented case of a veteran who lost a portion of his brain. We assigned a dollar value to that, and we gave it to him. I don't even know how the hell you deal with that. What's part of your brain worth? Is it worth so much for a month? A year? Five years? Ten years? As long as you live? I'm thinking the answer is as long as you live, and I think that the benefit stream has to be commensurate with the sacrifice that was made.
People in the military are asked to do things and they do them. I don't think any of us regrets our service. The regret comes when we feel that we've been marginalized by a government that doesn't value that service, and that's where it becomes incumbent upon Veterans Affairs to make sure that the veterans never feel that betrayal.
How do they that? Well, for starters, they make sure that veterans live out the remaining days of their lives secure in the knowledge that they're never going to run out of money, that the old pension act—as long as you live—it's there. I think that is something that you've heard time and time again. If the earnings loss benefit was universal and applied and continued forward, that would take away some of the dollar value issues, the monthly income stream. But it's hard to fathom how you arrive at—what is it now, $298,000? Oh, we're all the way up to $301,000! Woohoo, go us!
Being 100% disabled nets you $301,000. At 5% interest, that's $15,000 per year in taxable interest. Even at a 27% marginal rate, what are you looking at? That's a thousand dollars a month, if you manage to invest at all. That's not much for a lifetime of pain and suffering at 100% disabled, is it?