The federal government plans to expand the ’25-and-out’ pension

While most Canadian employers are trying to reduce pension costs and many economists argue for raising the retirement age, the public service will have more people retiring earlier.
Treasury Board President Anita Anand, pictured June 18, 2024, in a Hill scrum, will propose legislative changes to the public service pension plan in the fall so border officers and hundreds of other workers can retire with pensions after 25 years of service.

OTTAWA—Treasury Board President Anita Anand will propose legislative changes to the public service pension plan in the fall so border officers and hundreds of other workers can retire with pensions after 25 years of service.

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