But the pensions are guaranteed. It's a defined plan. They're guaranteed. These operating costs would not result in reduced pensions in any way.
I wanted to give you a chance to clarify that, because your comments—I'll be blunt—were extremely misleading. I'm surprised that a person in your position would make such blatantly misleading comments. I'm glad you had an opportunity to clarify that public service pensions would not be reduced. PSPIB has hundreds of millions in operating expenses, and many millions are spent on bonuses, so I find it shocking that $100,000 in translation costs would possibly affect pensions. I'm glad we had an opportunity to clear that up.
Witnesses, you are dismissed.
We will suspend for a very brief moment to welcome our nominee in the next round.