George Cross - Annuity

Annuity

Holders of the George Cross or Victoria Cross are entitled to an annuity, the amount of which is determined by the awarding government. Since 2002, the annuity paid by the British government is £1,495 per year. As of January 2005, under the Canadian Gallantry Awards Order, members of the Canadian Forces, or people who joined the British forces before 31 March 1949 while domiciled in Canada or Newfoundland, receive $3,000 per year. For Australian holders, the amount is determined by clause 11A1.2 of the Australian Defence Force Pay and Conditions, and as of January 2005 is $250 per year.