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Finance committee  I would think yes. This certainly does put in place relief or enhanced benefit security for pension members. It's very important. Certain rules needs to be in place in advance of the solvency valuations, which my colleague can speak to. Certainly the bill needs to be passed in order for some of the regulations to come into effect.

April 29th, 2010Committee meeting

Leah Anderson

Finance committee  I think the principle of availability is to increase cashflow for sponsors. In terms of providing security to the plan itself, they will be fully backed. They're fully guaranteed. So in terms of keeping the plan whole, it's just as good as cash because it's a fully secured line of credit.

April 29th, 2010Committee meeting

Leah Anderson