Veterans Affairs committee  First of all, we need to know if there is a surplus. Investments are made for pension plans, and there is a surplus. However, the difficulty is that there are indeed two pension plans: the one that applies to those who drew their pension before the year 2000 and the one that appl

Veterans Affairs committee  The purpose of the investments is to eventually pay all the pensions based on investments. From year to year this increases and we have had a good return this year. It should be said that PSP Investments invests the contributions of all three plans, not just the government pensio

Veterans Affairs committee  It's hard to say. I don't really have an answer to that, but maybe Mr. Imbeau does.

Veterans Affairs committee  This is a very difficult question to answer, and I don't know if I can answer it adequately on a Friday afternoon. Let's just say that at the moment, the contributions are equally divided. There are employer contributions and employee contributions, which are each 50%. I think

Veterans Affairs committee  No. That's the short answer. As part of our advocacy, we meet with a lot of MPs. We have met with some of you at either the local level or the national level. It is always one of our priorities to talk about veterans. You know, the answer to the question is that probably it was

Veterans Affairs committee  We certainly don't have the data. We deal with the public service and MPs and senior government officials. There's no indication that there will be a rush to retirement. The major hump, if you will, with retirements is when the government institutes some constraints. In 1994, fo

Veterans Affairs committee  Yes. It is one of our major resolutions that for years and years we have been advocating for. If I recall correctly, the opportunity of buying an annuity after age 60 and after retirement came into effect only when the new legislation, the new acts, were enacted in the year 2000.

Veterans Affairs committee  Okay, so it did exist before, but people were not aware of it. As part of the pre-retirement seminars we give, we keep telling the people who are participating about this option we have, but it's hard. We publish it periodically in our Sage magazine, but it is difficult. Yes, w

Veterans Affairs committee  Go ahead, Patrick.

Veterans Affairs committee  No, I don't recall that point of it. I was out of the association for a couple of years, and that happened during the time I was there. But I don't believe.... Patrick?

Veterans Affairs committee  Patrick.

Veterans Affairs committee  No.

Veterans Affairs committee  I can only speak for the time I was on the pension advisory committee. I was there for a long time. They pussyfooted around on the information and never provided complete information to the advisory committee at the time that I was on it. I was on it until, say, 2013-14. I had be

Veterans Affairs committee  Could I add something? That's a good point you raise. I did mention in my opening statement that we were quite involved with women veterans research and engagement. I will make sure that the question is posed. Maybe there is some information there. If there is, we will certainly

Veterans Affairs committee  I can tell you what I think, but I'm going to ask Mr. Imbeau to weigh in, since he is the expert. I think the $150 million was meant to appease people. My sense is that it wasn't meant to make up for the fact that survivors would not be receiving pension benefits. Someone menti