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Feds Launch Early Retirement Program for Public Servants After Delay
The program aims to reduce the federal public service by 10% by 2029 and offers immediate pension with no penalty to eligible workers aged 50 or older, officials said.
- On Friday, the federal government launched the application portal for The Early Retirement Incentive following C-15's Royal Assent on Thursday, removing the final legal barrier to the program's implementation.
- Part of the Budget, the program aims to manage workforce reductions through voluntary departures, targeting a decrease in public sector workers from a 2023-24 peak of almost 368,000 to about 330,000.
- Employees aged 50 with at least 10 years of employment and two years of pensionable service may apply to retire without penalty; the federal government predicts $1.5 billion in five-year costs and about $82 million in annual savings.
- The Public Service Alliance filed a policy grievance, arguing the program circumvents obligations under collective agreements; National President Sharon DeSousa stated such efforts must be "negotiated, lawful and protect workers rights."
- Treasury Board President Shafqat Ali confirmed the incentive emphasizes "voluntary, structured options to retire early with clarity and predictability," with information sent to about 68,000 potentially eligible public servants.
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This program was introduced in the fall of 2025 to reduce the number of employees in the public service.
·Montreal, Canada
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Total News Sources35
Leaning Left21Leaning Right2Center7Last UpdatedBias Distribution70% Left
Bias Distribution
- 70% of the sources lean Left
70% Left
L 70%
C 23%
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