Thank you very much, Chair.
Thank you very much to the witnesses for being here today. I'll focus my questions, at least initially, on AECL and CNL, on the pension issue in particular.
As you can imagine, every time you raise changes to a pension plan it generates fear and concern, obviously, about the future of benefits. I want to make sure that I'm understanding clearly what you've presented today.
I think in your comments you focused mostly on what happens to existing members of the pension plan. If I understood you correctly, you said that their coverage in the existing public service pension plan would continue for the three transitional years, right?