Mr. Speaker, I have two sets of petitions.
One petition is on defined benefit pension plans, with signatures from all over the country. The petitioners draw attention to the fact that the conversion of defined benefit pension plans to target benefit plans, or so-called shared-risk plans, strips pension benefits of legal protections.
The petitioners call on the government to reject any such change that would allow employers to renege on existing defined benefit pension promises, and instead move to improve the retirement security of the 62% of workers who do not have workplace pensions.