Mr. Speaker, in respect to the pension plan itself and the Liberal commitments, I would like to make a few comments regarding the new pension scheme.
Under the current pension scheme members of Parliament pay approximately 11 per cent into their plan and under the new scheme they will pay 7 per cent. The witnesses who came before the committee were quite clear: they reported it should be 26 per cent. We should actually be putting in approximately $19,000 to make it actuarially sound.