Thank you, Mr. Chairman and members of the committee.
I would like to thank you for the opportunity to respond on behalf of the RCMP to the recommendations of chapter 1 of the Auditor General's 2014 spring report.
I have with me Ms. Chantal Pethick, former director general of national compensation
and Ms. Geneviève Tremblay, Director of Pension Services.
The RCMP is pleased that the OAG's report confirmed that the RCMP has carried out its responsibilities appropriately. As highlighted by examples in the audit, the RCMP, through its ongoing efforts, reviews plan provisions to minimize costs to the plan.
The RCMP pension plan is an invaluable tool to attract and retain a competent workforce, whose main goal is to provide the safety and security of Canadians.
For this reason, the RCMP agrees with the findings and recommendations of the Auditor General, and recognizes the need for increased measures to ensure a sustainable and financially responsible plan for our members and for Canadian taxpayers, now and in the future.
In response to the recommendations put forward by the Auditor General, the RCMP is committed to supporting the Treasury Board Secretariat's action plan. We will look for their guidance and direction as we continue to collaborate with all government stakeholders in making informed recommendations to the plan sponsor.
Thank you again, Mr. Chairman and members of the committee for the opportunity. I look forward to answering any questions you may have.