—you take a 5% reduction. Or if you retire later, on the other end, you get a reward of an additional 5%. The government is currently looking at increasing the penalty at the early retirement age to 6% and the incentive at the other end to 7%, but it seems to me that when we're talking about a forced retirement, this is perhaps not a very effective way to reduce poverty, particularly among women.
On November 26th, 2009. See this statement in context.