Tag: Ontario Municipal Employees Retirement System (OMERS)
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OPSEU is looking for a sponsor representative for OMERS
The Pension Liaison Committee invites you or someone you know to get involved with OMERS, the Ontario Municipal Retirement System, by applying to become an OPSEU representative on the Sponsors Corporation (SC). We are looking for suitable candidates for the position of Sponsor Representative. With the challenges facing defined benefit pension plans, we need people who…
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OPSEU seeks new member rep for OMERS
The OPSEU Pension Liaison Committee invites you or someone you know to get involved with OMERS, by applying to be an OPSEU Representative on the Sponsors Corporation. OMERS is the Ontario Municipal Employees Retirement System. The appointment for the OPSEU Sponsor Representative on the OMERS Sponsors Corporation (SC) is effective January 1, 2017 until December 31,…
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CPP expansion is right move for Ontario workers: Thomas
Toronto – Ottawa’s plan to expand the Canada Pension Plan (CPP) is “the right move for Ontario workers,” the President of the Ontario Public Service Employees Union says. “Our union, along with the rest of the labour movement in Canada, has always supported CPP expansion,” Warren (Smokey) Thomas said today. “The CPP is a tried…
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Divestment Pension Transfers Question & Answers
Information Surrounding Pension Transfers for Divested OPSEU Members OPSEU members who are still working and who may have pension contributions with more than one pension plan (OPT, HOOPP and/OMERS) have been sent, or will be sent over the next two months, information packages about their eligibility to combine their pensions in their current pension plan. …
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Canada’s ten largest pension funds provide the strongest retirement income in the world, study concludes
Your pension at work Results from a landmark study were released in June 2013. This study shows the impact the top ten pension funds in the country, which include OMERS, HOOPP and OPTrust, have on the Canadian economy. Collectively, these pension plans hold over $700 billion in assets, $400 billion of which are invested in…
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OMERS Plan to Reduce Deficit
OMERS Sponsors Corporation approves plan changes to address deficit July 7, 2010 The Sponsors Corporation of the Ontario Municipal Employees Retirement System (OMERS) has approved temporary changes to support the funded status of the OMERS Primary Plan: A three-year contribution rate increase for both members and employers, beginning in 2011, following the filing of the…