Mr. Speaker,I listened to what our socialist friend has said. I wonder, inasmuch as the plan is going to require a contribution increase of 73 percent but the benefits are not going to change, that they will stay somewhere in the area of $8,800 a year, if he would address that.
The increase is going to incur in terms of contribution but the benefits are not going to increase. We hear it is going to be indexed and that is a hopeful sign. But when he talks about the rich and the poor, I wonder if he would care to share with the House, although he was eligible for the 3.5 years that he was not in the House to take his own MP pension, whether he did that. How would he compare that plan to the $8,800 which our seniors are getting now and will continue to get despite the 73 percent increase in the contributions that young and old, poor and wealthy are going to have to pay into this system?