Finance committee  In our group, there are a lot of people with pensions of less than $1,000. The oldest ones have pensions of about $800, others, $600, and others still receive even less than that. They are not very large amounts in their case. For the youngest among them, the pension amount is a

Finance committee  Yes, they vary enormously. However, a lot of people have a pension of less than $1,000. We have not actually calculated the average.

Finance committee  Thank you very much. You are right that the problem will resolve itself by attrition.

Finance committee  In the last five years, people back home… My pastime is attending funerals. Every two or three months, another one passes away. I want you all to be aware of that. I would like to respond to what Mr. Hamilton said. For all the years I was working, I never opened an RRSP or inves

Finance committee  Ordinarily, contributions should have been made to the pension fund to keep it solvent, but those contributions were not made. Furthermore, in the case of retirees from Atlas Stainless Steels, the retirement committee did not have liability insurance, but these people were unawar

Finance committee  I only have a few comments to make. I was in attendance during the first hour, and I believe that our situation has been thoroughly explained by the Regroupement des retraité(es) des Aciers Atlas, but I would just like to add that—

Finance committee  That is fine. I hope members will have questions for me later.

Finance committee  Mr. Chairman, I would like Ms. Blanchard to begin because she has prepared a statement. After that, I will comment, if that is all right with you.