Thank you, Mr. Chair. I want to thank our guests for being here today.
I have just a couple of questions. First, let me start with our folks from the chamber. Along the same lines, in a sense, you've talked about the cap on over-contributing, and you made a recommendation to raise that threshold. My question at the last meeting was, why do we have a threshold at all?
In your recommendation, which you're upholding on Mr. Dechert's question, did your organization consider getting rid of the threshold completely and having a different system? I know a company can use it as a tax deduction, in a sense. There is some concern about an ability to use it as a bit of a haven to place money in. In the long run, employees would benefit because the money belongs to employees. Was there any consideration of changing it completely from a fixed number or a fixed percentage to something with no percentage but with a reduction in the amount of tax deduction the company could get over time, based on the amount they have in the system?