It's a bit of a problem for any pension plan in the public sector or the private sector to discount its liabilities at an assumed rate of return. That is at the root of this problem with the federal government's pension accounting. It's one of the reasons that year after year we have had a negative figure, adding to the accumulated deficit below the bottom line. The liabilities were originally discounted at a high rate, so as they come closer to actually becoming cash payments, you then discount them at the government bond rate. Suddenly the amount you had in the past isn't enough.
I would very much encourage a further cleaning up of that item. It's very opaque. I doubt that many in the room are as seized with it as I am, but it affects the MPs' pension plan as well. I mean, all these liabilities ought to be shown at the interest rate at which the federal government borrows from everybody—