Mr. Speaker, the member talked a bit about pensions and the potential consequences. We know that organizations that have pension plans have periodic actuarial valuations to determine the health of the funding of a pension plan. Sometimes there is an actuarial surplus and one of the problems we have seen in the past is where an organization will withdraw funds from a pension plan because there is a determined actuarial surplus.
However, these things tend to vacillate from time to time and there is some concern whether or not the rules regarding pension surpluses are sound enough to ensure that they do not send the pendulum swinging too far the other way. The other consequence of an actuarial valuation would be to determine an actuarial deficit or shortfall in terms of funding benefits.
I wonder if the member would like to comment on whether or not there should be consideration to legislative changes to deal not only with the surpluses but also with deficits, particularly with regard to locking in funds, taking care of earned benefits, the vested benefits, that either current retirees already enjoy or that other employees may have earned through their period of employment.