Thank you.
I want to talk a little about pensions and retirement. It seems to me there is a potential for a two-sided argument here on encouraging people to retire early, because that takes away, as your report says, institutional memory, etc. You have some statements later on about being able to continue to work while you're building pension benefits in order to keep people on longer, yet you're saying it's an advantage if you allow people to retire early--say, at age 55--which some 1,278 of your people did in 2004-05.
Are you not shooting in two different directions with this? It seems to me you can't--well, maybe you can have it both ways, and if you can, I'd like you to explain to me how that works both ways. Maybe that's a good way of putting it.