Mr. Speaker, the basic pension plan in accordance with the Income Tax Act is 2 per cent. As in the case in the private sector, there are many supplementary plans where additional moneys are put aside. It is quite common for that to happen in our community.
Let me also point out that what is not common is that in this case members of Parliament pay double what is normal in the private sector in terms of their own contributions. In spite of all that, we are reducing the amount of the taxpayers' contribution to the MP pension fund by a third, by 33 per cent.