Federal Retirees’ statement on Budget 2025

Federal Retirees’ Statement on Budget 2025

Today’s federal budget shows some progress but falls short of fully addressing the challenges of Canada’s aging population. The National Association of Federal Retirees expresses concern over the lack of substantial action on their main advocacy priorities.

Representing more than 170,000 members nationwide, including over 60,000 veterans of the Canadian Armed Forces and RCMP and their families, Federal Retirees advocates for policies that allow all Canadians to 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.”

Concerns about Budget Cuts

The budget also announced reductions to the federal public service. During this period of fiscal uncertainty, Canadians rely on a well-funded and effective public service to deliver essential programs and support.

Positive Aspects of the Budget

The Association welcomed some measures aligned with its advocacy efforts.

“We welcome the government’s commitment to strengthen front-line workers’ retirement and improve the timeliness of services for veterans,” said Pizzino.

The budget proposes consulting on changes to public-sector retirement benefits, which will impact future retirees.

Summary

The budget makes initial steps toward addressing seniors' needs but requires a more comprehensive strategy for secure aging and retirement in Canada.

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National Association of Federal Retirees — 2025-11-05