Federal Retirees’ Statement on Budget 2025
The 2025 federal budget shows limited progress and fails to adequately address the growing challenges faced by Canada’s aging population. The National Association of Federal Retirees expressed concern that the budget lacks decisive measures on its main advocacy priorities.
Representing over 170,000 members across Canada, including more than 60,000 veterans from the Canadian Armed Forces and RCMP, the Association continues to champion policies that ensure all Canadians can age with dignity, safety, 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 introduced cuts to the federal public service. During this time of fiscal uncertainty, Canadians rely on a capable and well-supported public service to maintain essential programs and services.
"We welcome the government’s commitment to strengthen front-line workers’ retirement and improve the timeliness of services for veterans," said Pizzino.
The budget further includes plans to consult on adjustments to public-sector retirement benefits that could impact future retirees.
Author’s Summary
The National Association of Federal Retirees urges stronger, strategic government action on aging, retirement, and service security as Budget 2025 offers only limited progress.