Public Accounts committee  There are no appropriations per se to fund the plan. Maybe I could just take two minutes to say that.... It's a little complicated. Prior to 2000, there were no funds, no particular funds themselves.

Public Accounts committee  Post-2000 is when the market investments started.

Public Accounts committee  Yes, actually, I think you're missing two points. One is that the actual funds themselves, the employer and employee contributions, are now being invested by a corporation, a crown corporation, called the Public Sector Pension Investment Board. This is independent and at arm's le

Public Accounts committee  That's since April 2000. So since April 2000, the actual funds have been invested professionally by this crown corporation. The organization that is at issue here was responsible for the administration of the plan--the entitlement calculation and those types of administrative as

Public Accounts committee  As a defined benefit plan, this plan is a statute of the Government of Canada, so the requirement to pay the benefit is based on the law itself, on the act itself.

Public Accounts committee  I'm not convinced, from what I've heard this afternoon, that the RCMP, as an institution, is looking to override the normal controls of the Financial Administration Act, and so on. In fact, in looking at the corrective action that has been taken since the audit was found, as the

Public Accounts committee  No. I did not hear that.