Mr. Speaker, it is interesting to listen to the hon. member from the Bloc and his colleagues who preceded him. They believe that the investment fund, especially the Quebec pension plan, worked really well. They liked the model. Taking into account that it is a shared risk management, on that basis it would be shared by those participating in the plan.
Unfortunately the member fails to address the issue that employees now contribute 30% of the plan with a maximum 7.5% of the amount when we take into account that CPP has gone up and reduced the amount they actually contribute to the pension plan. This surplus has been created because the actuarial evaluator determines for the government how much it should put into the plan on a current year basis taking only that year into account. Had they taken the whole process into account, then the government would not have to put in extra money.
In the future plan that is being set up, the investment fund, which I know his party endorses, does the hon. member believe he should advise the unions to participate in the risk management sharing? In effect any surplus in the new plan could be shared through holidays for the employees or the employers or both on that basis. In effect the risk is also taken into account and if a deficit does occur they will also put in.