Mr. Speaker, what concerns me, as I said in this House the other day, is that this sends a message to private companies and others about pension funds. These days, companies are all talking about pension funds. Everybody wants to eliminate pension funds. Pension funds were not built in a decade. My father fought for them in 1957: he went on strike at Arvida to get a pension fund. In 1976, I went through a lockout and a strike to get a pension, too. I paid out of my pocket and the employer paid out of its pocket. But if the employer had paid its share every year as usual, we would not have been in the hole.
If we start doing that, we will not need to pass laws to make our people work after age 65: they are going to have to work until they die because they will not be able to retire with a decent pension.