Cost of federal public service benefits to hit $4.4 billion a year by 2030-31: budget office

Ranked News

📰 Canada

Cost of federal public service benefits to hit $4.4 billion a year by 2030-31: budget office 02.06.2026

CTV News

The cost of federal public service benefits is projected to reach $4.4 billion annually by the 2030-31 fiscal year, according to the parliamentary budget officer. This increase is attributed to rising healthcare costs and an aging federal workforce. The report highlights that current benefit packages are unsustainable in the long term without adjustments. The analysis indicates that without policy changes, the financial burden on taxpayers will continue to grow significantly over the next decade. This forecast raises concerns about the long-term fiscal health of government employee benefit programs and necessitates a review of existing provisions.

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