Mr. Speaker, if we talk to people today about saving their money, they will tell us that there are PRPPs, RRSPs and a few things like that, but there are very few plans that are a road map to help people to achieve the goal that a defined benefit does for those of us in Parliament. There is even a DC plan for people who work in other companies that are not as quite as affluent as the government when it comes to investing in pensions.
We have to start establishing some benchmarks of what people need to have and we need to help them get there. If they are able to save a few dollars, where would they put it? In RRSPs? They end up taking that out. That is not a given plan.
I am not setting down what the plans have to be. We are suggesting in C-513 that there needs to be a plan as we move forward into the future. Otherwise, much of the responsibilities for seniors as they get older will fall back on provincial government as well as put pressure on our federal budgets.