Federal Retirees’ Statement on Budget 2025
The latest federal budget marks some progress, yet it falls short of addressing the full scope of challenges facing Canada's aging population. The National Association of Federal Retirees expresses concern that meaningful actions on its key priorities remain missing.
Representing over 170,000 members nationwide—including more than 60,000 veterans from the Canadian Armed Forces, the RCMP, and their families—the Association continues to advocate for 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 emphasized that while the Association will review the budget in detail, Canada clearly needs a more strategic and robust plan to guarantee that every older adult can age well and retire with financial stability.
Concerns About Public Service Cuts
The budget also introduces cuts to the federal public service. At a time of fiscal uncertainty, the Association warns that Canadians rely on a well-resourced and effective public service to deliver vital programs and supports.
Positive Measures Recognized
Despite concerns, the Association acknowledged some positive developments aligned with its advocacy.
“We welcome the government’s commitment to strengthen front-line workers’ retirement and improve the timeliness of services for veterans,” said Pizzino.
The budget also includes plans to consult on changes to public-sector retirement benefits, which could affect future retirees.
Author’s Summary
The National Association of Federal Retirees appreciates some budget improvements but stresses the need for a stronger national strategy to support an aging population with dignity and security.