Mr. Speaker, perhaps the member for Ottawa—Vanier is not an actuary. Perhaps he is not familiar with the figures. I looked very closely at that issue and understand that the members of the Government of Ontario saved the Ontario taxpayers millions of dollars by reforming the pension plan. They received a one time benefit based on years of service, based on what they had funded in terms of contributions.
It is marvellous that the Ontario government decided by order of council to allow those MPPs to manage those dollars themselves through their own annuities to generate a higher rate of return than they would otherwise get through a government managed annuity. That is essentially the same principle that we advocate for all Canadians. They should be free to invest what belongs to them. Those are benefits vested in them for the future. They ought to be able to invest them to maximize the rate of return. The point is that the MPPs are then taking the risk and not the taxpayer, which is the case in an unfunded defined benefit plan.