Right, absolutely. As I say, some 29% of Canadian families don't have anything at all. It would address that group, it would address the people in the private sector, only 25% of whom have any access to defined benefit pension plans, and it would allow people to contribute to a universal plan instead of using their own best judgment and their own retirement savings expertise.
So the best model to look at is the CPP in an expanded form. The current CPP only covers 25% of pre-retirement income and only to a maximum of $46,000 of that pre-retirement income. If you expand both those numbers up to 70% of your pre-retirement income, which the experts tell us you need to have a comfortable retirement, and you expand the level of coverage of their salary to about $116,000, then you would match for everybody the comfort level of people who now have defined benefit plans.