In the House of Commons on February 16th, 1999. See this statement in context.
Federal Employees' Pension FundOral Question Period
February 16th, 1999 / 2:35 p.m.
Hull—Aylmer Québec
Liberal
Marcel Massé LiberalPresident of the Treasury Board and Minister responsible for Infrastructure
Mr. Speaker, again, I think it is very clear. It is a legislated fund, with the government guaranteeing to pay pensions.
Employees pay a set proportion. It was 7.5%. The government paid any deficits that arose and any additional amounts in the fund therefore belong to taxpayers.
See context to find out what was said next.