Canada’s retirement income system relies on programs like OAS and GIS to support older adults across the country. Canada’s population is projected to age steadily, with the share of older Canadians (65+) increasing from 19.5 per cent in 2025 to…
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CPI tracks how the average cost of a basket of goods and services changes over time. It captures price movements in areas like food, housing and transportation. Every January, the pensions of federal public servants and veterans increase to help…
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Pension increases for retired members and their survivors are calculated annually using Consumer Price Index data from Statistics Canada. At the end of each year, the Treasury Board Secretariat provides the National Association of Federal Retirees with the pension indexation…
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Prime Minister Mark Carney’s first budget promises nation-building investments while aiming to shrink the federal public service by 10 per cent. PM Mark Carney’s first budget is a little dissonant: austere for most of us yet lavish on what the…
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Today’s federal budget offers some progress, but not enough to address the challenges facing Canada’s aging population. The National Association of Federal Retirees is concerned that today’s federal budget does not include meaningful action on our key advocacy priorities. With…
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Financial Literacy Month reminds us that open conversations about finances can lead to better decisions and less stress. Many Canadians have decades of experience managing their finances, but we don’t always talk about what we’ve learned. That’s where Financial Literacy…
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This week, Anita Anand announced that the $1.9 billion non-permitted surplus will be moved from the Public Service Pension Fund to the Consolidated Revenue Fund. The National Association of Federal Retirees acknowledges today’s statement by Treasury Board President Anita Anand…
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The latest federal budget has been pitched as a plan to support “fairness for every generation,” with a focus on new housing. At 430 pages, this year’s budget, “Fairness for Every Generation,” is not a quick read. With it, the…
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CRA scams can happen by phone, text, mail or email. Watch out for aggressive language and suspicious links or forms demanding personal information. Scammers are especially active during tax-filing season, and many Canadians find themselves targeted by criminals posing as…
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The recently unveiled Canadian Dental Care Plan is intended to help ease financial barriers to accessing oral health care for eligible Canadian residents. Note: The Association does not provide individualized advice or counselling to members on which coverage options they…
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The fall economic statement lands Tuesday and, soon enough, Budget 2024 will be upon us. Both must address a national seniors strategy. This article was originally published on Nov. 17, 2023, by the Ottawa Citizen. The fall economic statement will…
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Alberta’s proposal to leave the Canada Pension Plan elicited a strong reaction from Federal Retirees members. On Sept. 21, 2023, the Alberta government presented the report it commissioned on the possibility of leaving the Canada Pension Plan (CPP) and…
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