Madam Speaker, I would like to split my time with my colleague from Prince Albert.
I cannot say that this is a great pleasure to speak on this bill because it is not. Back in 1992 I had just finished serving six years on council and I did not get a pension after I left.
I found out from talking to many people, as a person at the municipal level does, that there was great discomfort in the country about the fact that there had been successive deficits run for years and years. We had managed to amass a $600 billion in debt, yet the members of parliament had rewarded themselves by giving themselves a pension plan that was not available to anyone else. It was a plan that was topped up by their employer six to one. For every dollar put in by the member, the taxpayers of Canada, the poor beleaguered people who had already been taxed into submission and into $600 billion worth of debt, had to fund the members of parliament pension plan six to one.
It was not my idea to bring this to the Parliament of Canada. It was my constituents' idea. When I sought this nomination, I thought that one of the things we would have to put a stop to was the runaway spending and the unnecessary taxation of people.
I will never forget the day when Don Mazankowski was the newly minted finance minister. I had a lot of respect for that man and thought maybe he was someone who would give us a budget that was somewhere near balanced. My hopes were dashed. I think his deficit that year was a meagre $22 billion. At that point I said I had to get out of municipal politics and into federal politics because it was absolutely horrendous; I had children whom I hoped soon would have children and I was very concerned about the state of the nation.
What options do ordinary Canadians who pay taxes to this place have for retirement benefits? If they are lucky and have any money left after tax, they can put a few dollars into an RRSP to pay taxes on at later date. They do not have a pension plan. I suggest that a lot of the people who came to this place from some other business did not have a pension plan. Now that they are here they say they have to have a pension plan, that someone else is paying for it, so why not.
There is a lot of talk about the changes which have taken place to this very plan. It is extremely significant that there have been three bills in seven years to deal with it. If it had not been for pressure put on by the former Reform Party, those changes very likely would never have taken place.
When we came here we were the Reform Party. We made some changes to the pension plan by putting the pressure on the government. That is how that happened.
Let us see what people have available to them. They have the famed, or is it fabled, CPP. They have the Canada pension plan and for the low, low price of 10% of what they earn, they can enrol in it. The premium will soon be 10%. By 2003 that plan to which self-employed Canadians, and lots and lots of the people in my constituency are self-employed, will pay $3,270 per year for an annual pension of $8,800. That is a whopping $733 a month, and certainly they will have money left over from that to pay taxes, to make sure that members of parliament retire in the manner befitting members of parliament. Would that be reasonable? I think not.
Today it takes a record 20% of Canadians' average earnings just to pay their taxes. In the small amount of time we have been here we have made changes to this plan. Taxpayers were putting in $6 for every $1 a member put in. It was six to one. It has been reduced to $3.61 for every $1. That is still pretty rich and it is still too rich for me.
I concur with my colleagues that the only way to handle this is to put it to an independent arm's length group who will come in, assess the job and the fact that we have to spend time away from our families.
I have heard people down at the other end say, “We spend time away from our families. We have to get on an airplane”. Where did they think MPs went to work? Did they not know they had to come to Ottawa to go to work? Did they not know that the House sits 135 days a year? Was this some surprise, that after election day they said, “Oh my God, I did not realize I had to go to Ottawa”. Of course they have to go to Ottawa.
There are people out there who are struggling. They do not know where their next paycheque is coming from and we are worried about a pension plan.
I submit that anybody who has the wherewithal to get themselves elected to this place should have some wherewithal to make a living once they leave here. If they have not, how in the world did they ever get here? I think every one of us has that wherewithal.
There has been a lot of talk that we co-operated with the government to bring in the bill. Yes, we did. We did that so we would get an opportunity to talk to the bill. If we had not co-operated with the House leader, he very likely would have brought it in anyway. He very likely would have put closure on every aspect of the bill. He very likely would have got his bill and we would not have had any say. We would have looked totally complicit in the whole affair.
I do not want to eat into my colleague's time because I know that he has things he wants to get on the agenda, too.
Members of parliament have families and they do have to prepare for their golden years. However, I would like to see a pension plan that is fair, one that is reasonable, one that is somewhere near the ones that my neighbours have. My neighbours manage to get along just fine and they do not have a cheque arriving from the Government of Canada every month.
At no time have I ever said that members of parliament do not deserve a pension plan. What they do deserve is a pension where they can hold their head up high and say that this pension is somewhere in the neighbourhood of what their neighbours, their friends and the people who fund this place have available to them.
This bill, in my opinion, and the whole approach to the pension issue, is just one more reason that I believe this government should be sent packing. We have heard people down at the other end say that there will be nobody who will vote for the Alliance Party. There will be people who vote for the Canadian Alliance. I want to put them on notice that an election is in the offing. I am sure the Prime Minister is a man of his word. He said that we can rely on having an election within a year's time. I would like to put the party down at the end of the hall on notice that a lot of them are not going to be here next time around.