That goes to my next question, about the value of the annuity. I think in most cases individuals who are in private practice, lawyers, whether in commercial or criminal law or otherwise, are probably funding their own retirement out of their own pockets. They have to contribute to an RRSP or some other savings mechanism to provide for their own retirement. Judges, as we know, are going to receive an annuity at the time of their retirement. What is the valuation that went into this to account for the increase being proposed? I think there would be and should be a great value placed on an annuity that someone's going to be receiving at some point.
On October 24th, 2006. See this statement in context.