Thank you, Mr. Chair.
Thank you very much to all of our presenters for being here this morning. They are very helpful presentations. This really helps to demystify the public service pension plan for committee members.
Ms. Gowing, I want to start with a couple of questions for you. You mentioned in your presentation that contribution rates are set for 2013, 2014, and 2015. They've been approved and implemented.
Is it typical that contribution rates are set three years out?