OMERS Sponsors Corporation set contribution rates for the OMERS Primary Pension Plan for 2012, as part of the strategy to return the Plan to full funding.
Requesting a cost to buy service is now easier: We’ll give you the cost, and if you want to go ahead, then you complete the paperwork.
New regulations for settlement of pension benefits in a marriage breakdown become effective in 2012.
In a survey conducted earlier this year, a majority of members and employers gave high ratings to the overall level of service they received from OMERS.
New contribution rates for the OMERS Supplemental Plan for Police, Firefighters and Paramedics were announced in August.
OMERS recently acquired V.Group Limited, a leading supplier of outsourced ship management, crew provision and related marine services.
Starting January 1 until April 30, 2012, you can transfer funds from other registered retirement savings vehicles to an AVC (Additional Voluntary Contributions) account.
If you leave your employer before early retirement, you may be able to transfer out the commuted value of your OMERS pension. Be careful... it’s a big decision.
e-only delivery is available in myOMERS for annual pension statements and service purchase cost statements. We’re working on an e-only delivery option for our newsletters.
Buying back service wasn’t possible for her a few years ago, a member says. She also says she’d be in better financial shape if she left her money in OMERS to begin with.
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