Ontario Municipal Employees Retirement System [OMERS]

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The following letter was sent to all OPSEU/SEFPO local presidents whose members are part of the Ontario Municipal Employees Retirement System (OMERS) pension plan. Download the letter. To: All BPS Local Presidents or highest ranking officers with members in OMERS From: Giulia Volpe, Benefits Counsellor on behalf of the Pension Liaison Committee Date: August 26,...

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OPSEU/SEFPO is very concerned about OMERS’s investing strategies in light of the losses the municipal sector workers’ pension plan recorded in 2020. The union very proudly represents some 15,000 municipal sector workers, many of whom are part of the OMERS pension plan. As a union sponsor, OPSEU/SEFPO has a vested interest in the plan’s success...

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Mr. Clyde MacLellan Chair, Public Sector Accounting Board Dear Mr. MacLellan, The purpose of this letter is to provide comments from the Ontario Public Service Employees Union (OPSEU/SEFPO) on the Public Sector Accounting Board’s (PSAB’s) review of Section PS 3250, Retirement Benefits (“the Project”). We believe that the practical effects of these changes will be unhelpful...

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