Federal Retirees’ Statement on Budget 2025
The federal budget released today shows some progress but falls short of fully addressing the concerns of Canada’s aging population. The National Association of Federal Retirees expresses concern that key advocacy priorities were not meaningfully addressed.
Representing more than 170,000 members nationwide, including over 60,000 veterans from the Canadian Armed Forces and RCMP along with their families, Federal Retirees works to promote policies that help Canadians age with dignity, security, and respect.
“This is a pivotal moment for older Canadians, who are feeling the impacts of rising costs of living,” said Anthony Pizzino, CEO of the National Association of Federal Retirees.
Pizzino added that while the Association will examine the budget details further, it is clear that Canada requires a comprehensive and strategic plan to ensure that every senior can retire with financial stability and well-being.
The budget also includes cuts to the federal public service, a concern given that Canadians rely on a well-funded and efficient public service to deliver essential programs and supports during uncertain fiscal times.
The Association welcomed some positive measures, specifically the government’s commitment to improve retirement benefits for front-line workers and expedite services for veterans.
“We welcome the government’s commitment to strengthen front-line workers’ retirement and improve the timeliness of services for veterans,” said Pizzino.
Additionally, the budget proposes consultations on modifying public-sector retirement benefits affecting future retirees.
Author’s summary: The budget shows limited progress for seniors and public servants, prompting calls for a stronger, strategic approach to secure dignity and financial security for Canada’s aging population.