Since we are managing the post-2000 obligations, we are in a privileged position. For the next 12 to 15 years, we will have a surplus of contributions compared to the benefits paid out. Right now, we receive between $3 and $4 billion every year in net contributions. In addition, we have our return. As you mentioned, last year, the return on the assets we manage was 14.5%. That all adds up and, clearly, in the 2030s, we will have to pay out more benefits and, unless we continue to manage and maintain the return, the assets will go down because the benefits paid out will be greater than the contributions.
On June 7th, 2016. See this statement in context.