Status of Women committee  This is not really a matter of whether wealthier persons would benefit more, because anyone who has a salary of, let's say, $50,000--if you consider that a rich person--would get a benefit equal to 50% of $50,000. Someone with a salary of $25,000 would get a benefit equal to 50%.

Status of Women committee  If you are referring to something other than the Canada Pension Plan, I really cannot comment.

Status of Women committee  I am better able to answer your question now. I misinterpreted what you meant at first. There are two components. The CLC's proposal to double the CPP and the proposal to guarantee the CPP. But I think you are referring more specifically to the current pension plan. It offers

Status of Women committee  No, they won't.

Status of Women committee  Those who don't pay into CPP get nothing from the CPP.

Status of Women committee  Do you mean the insurance fund or the CLC's proposal?

Status of Women committee  No, it's a give and take thing. You get out of the CPP what you have put into it.

Status of Women committee  Yes, but it's—

Status of Women committee  Which is to double....

Status of Women committee  So I will let you answer.

Status of Women committee  If the CLC proposal were implemented January 1, 2010, contributions would be increased immediately or over a period of five to seven years, but the benefits would not be increased immediately. Already retired persons would get nothing, and someone who would reach age 60 in 2010 a

Status of Women committee  There is another important component to registered retirement savings plans. Not only is the percentage of people who take advantage of them fairly low, but also, a large proportion of people—and I apologize as I cannot recall the number, and I would not want to just throw one ou

Status of Women committee  The Canada Pension Plan was amended one or two years ago, to the effect that any amendment to the plan has to be, from now on...because it was not applicable before. If you improve the benefits, you have to charge the contributions that are associated with those benefits on a ful

Status of Women committee  Your question is somewhat along the same lines as an earlier question that I did not answer, that is, whether the Canada Pension Plan could do more to offset the insufficient income of women. To my mind, the Canada Pension Plan, like any other plan, really cannot do any more in t

Status of Women committee  I have nothing to add.