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About 10,000 Federal Public Servants Apply for Early Retirement
The program is part of a 2025 budget plan to cut 16,000 jobs and save taxpayers about $82 million a year, officials said.
- As of July 28, the government received 10,006 early-retirement applications from public servants, with 6,855 approved and 41 denied. Department heads are processing remaining submissions, which may increase the total count.
- Prime Minister Mark Carney initiated the program to support a spending review aimed at cutting about 30,000 federal jobs. The initiative provides a pathway to retire without pension penalties for 68,000 eligible workers.
- Budgeted at $1.5 billion over five years, the program is expected to save taxpayers about $82 million annually. Funding is sourced from a surplus within the Public Service Pension Plan.
- Employment under this retirement package concludes on Jan. 19, 2027. Officials expect the final number of departures in early 2027 as the government works toward its goal of reducing the Public Service.
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The deadline for submitting an application was last Friday. The Early Retirement Incentive Program targeted 68,000 public servants.
·Montreal, Canada
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Approximately 10,000 federal public servants applied for an early retirement as part of a proposed Carney government plan to reduce the workforce in the public service.
·Montreal, Canada
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Coverage Details
Total News Sources34
Leaning Left15Leaning Right2Center11Last UpdatedBias Distribution54% Left
Bias Distribution
- 54% of the sources lean Left
54% Left
L 54%
C 39%
Factuality
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