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June 26, 2017

On June 21, 2017 the OMERS Sponsors Corporation (SC) Board of Directors voted to make three amendments to the OMERS Primary Plan.

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June 2, 2017

Changes are sometimes necessary to keep the OMERS Pension Plans current and meaningful. 

Based on the review process, the SC Board is considering four key changes for the coming year:

    • Introduce certain time restrictions related to the payment of commuted values and buy-backs
    • Restrict access to pensions for certain dual members
    • Permit employers with members working in foreign countries to suspend participation in OMERS
    • Allow employers to provide NRA 60 benefits to paramedics.

 

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September 9, 2016

At the SC Board meeting of August 31, two amendments to the OMERS Pension Plans were approved.

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August 3, 2016

In June OMERS provided information about the agreement in principle to enhance the Canada Pension Plan (CPP).  At that time, we said that we would be updating our members, employers, sponsors and other stakeholders as more information became available.

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June 23, 2016

On June 20, 2016, the federal and provincial Ministers of Finance announced an agreement in principle to enhance the Canada Pension Plan.

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