Federal Retirees’ Statement on Budget 2025
Today’s federal budget shows some progress but falls short of fully addressing the challenges faced by Canada’s aging population. The National Association of Federal Retirees expresses concern that the budget lacks significant measures on key advocacy priorities.
With over 170,000 members nationwide, including more than 60,000 veterans from the Canadian Armed Forces and RCMP and their families, Federal Retirees promotes policies to help all 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.
“Federal Retirees will be delving into the details in the coming days, but what’s clear already is that Canada needs a stronger, strategic plan to ensure every older adult can age well and retire with financial security.”
The budget also outlines cuts to the federal public service. During this period of fiscal uncertainty, Canadians rely on a well-funded and efficient public service to provide essential programs and support.
“We welcome the government’s commitment to strengthen front-line workers’ retirement and improve the timeliness of services for veterans,” stated Pizzino.
Additionally, the budget proposes consultations on potential changes to public-sector retirement benefits that will impact future retirees.
Summary
The National Association of Federal Retirees acknowledges some positive steps in Budget 2025 but calls for more comprehensive strategies to support Canada’s aging citizens and secure public service roles.