Thank you, Mr. Chair.
And thank you, guests, for being here today.
The first question is for Ms. Gowing.
You described the pre-2000 regime and the post-2000 regime, and credit where credit is due, I think there was a recognition at that time under the Liberal government that we needed to have a different set-up for funding public sector pensions.
In the post-2000 plan you mentioned that there's a deficit of $4.4 billion. I'm wondering if you could talk about the special payments to make up for that $4.4 billion. In a way, we have a certain generation that signed up well before 2000 that was entitled to certain benefits, but now, based on the deficit, there's an inability to make those payments, so the current taxpayers have to top that up.
What other options did the Treasury Board have in terms of addressing that pension fund deficit that was there?