omers pension vote

The voices of OMERS members need to be heard and respected. OPSEU helps drive defeat of 'unnecessary' OMERS pension changes News provided by. It notes OMERS remains the only pension plan in Ontario in which the government plays the sponsor’s role without being a direct contributor to the plan. RE: Mise à jour importante relativement au vote sur les changements proposés à OMERS. Lors de la prochaine réunion du conseil d’administration d’OMERS, des changements au régime de retraite feront l’objet d’un vote. OMERS has been preparing for this possibility with comprehensive analysis and strategic decisions, including managing currency risk. - Remplacer la garantie d’indexation des prestations de retraite selon l’inflation par une « indexation conditionnelle » seulement lorsque le régime est capitalisé à plus de 105 %; Changes to the pensions overseen by OMERS are considered annually, but this year’s proposal to reduce the “multiplier” rate at which workers rack up retirement payouts — to 1.85% from 2% — is “more drastic,” according to Simon Archer, a pension specialist at law firm Koskie Minsky LLP in Toronto. Specific changes in our organization will be communicated on how they will roll out in our agency specifically. The OMERS Sponsors Corporation (SC) is currently conducting a comprehensive review of the OMERS Pension Plans. Under the current Plan , the SC Board may vote (2/3 majority) to reduce any pension benefit, including indexing, for service time after the date of the vote. Imprimer Print this page. Subject: OMERS Sponsors Corporation Passes Five Amendments In Recent Vote. Je demande à tous les membres du conseil de promotion d’OMERS de faire ce qui est juste en votant CONTRE ces changements proposés au régime de retraite. Ce n’est ni juste ni équitable. Les autres changements proposés lors de l’exercice d’examen complet du régime d’OMERS auront aussi un impact direct sur mes décisions concernant ma retraite. The OMERS Sponsors Corp (SC) Board is scheduled to vote on this proposal on June 24, 2020, and we need to tell the OMERS SC Board members to vote NO to the proposed changes. Enhanced … User account menu. La proposition d’« indexation à risque partagé » a été adoptée. Several of these changes have the power to negatively affect plan members and their retirement plans. Courriel Share on Email. To all OMERS Plan Members: After an extensive Comprehensive Plan Review the OMERS SC Board voted on the proposed Plan changes. Especially if they say the … Press J to jump to the feed. As a defined benefit pension plan, OMERS provides you with secure, predictable retirement income. OMERS SC board. It is OUR pension plan, and it is your role to represent workers. OMERS pensions increase every year in order to keep pace with inflation – this is called “indexing”. Ce changement proposé au régime d’OMERS fera en sorte qu’une autre tranche de 14 % de mes revenus sera calculée selon le taux d’accumulation inférieur, offrant une accumulation des prestations inférieure et ultérieurement une pension mensuelle inférieure. WHAT YOU CAN DO: Visit our website www.ouromers.ca and tell the OMERS SC Board to Keep Their Promise and vote NO to Shared Risk Indexing. The intent of the Comprehensive Plan Review is to ensure – in light of financial, social, economic, and demographic trends and challenges – that the Plans remain sustainable, meaningful, and affordable for members and related stakeholders. On behalf of the thousands of OPSEU members who belong to the Ontario Municipal Employees Retirement System (OMERS), OPSEU President Warren (Smokey) Thomas has … Good day everyone, There has been some changes to the OMERS pension plan recently (see forward). This means that for service worked after December 31, 2022, annual indexing for that portion of your OMERS pension could be reduced or even eliminated. Every year, your pension is increased by an amount equal to 100% of the increase in the Consumer Price Index (CPI). 15. Share on twitter. Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. Provincial and Toronto executives endorsed Frank’s vote to eliminate future pension earnings. This means that for service worked after December 31, 2022, annual indexing for that portion of your OMERS pension could be reduced or even eliminated. Click here for a NEW Myth Buster Document where we unpack some of the “spin” that is being used by some to disguise the very worst parts of this proposal … On November 15, representatives from employers and unions with members in the OMERS pension plan came together to vote on changes proposed in June. Politique de respect de la vie privée : Les coordonnées sur ce formulaire ou les commentaires que vous formulez seront privés et confidentiels, et ne seront communiqués à aucune personne ou organisation autre que les représentants de cette campagne. Log In Sign Up. As such, the OMERS SC Board of Directors is made up of half worker representatives and half employer representatives. On behalf of the thousands of OPSEU members who belong to the Ontario Municipal Employees Retirement System (OMERS), OPSEU President Warren (Smokey) Thomas has … Votre soutien est nécessaire pour dire au conseil d’administration de protéger notre régime de pension. OMERS : Un vote pour protéger ma pension Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. Omers’ 2019 results trailed the average 14-per-cent increase of Canadian defined pension plans, as estimated by RBC Investor Services. It has 100% guaranteed indexing, which means retirees are guaranteed cost of living raises every year. This ensures that your OMERS pension can buy as … Employers do not share risk in this proposal. Cupe 1310 OMERS information for you: The Group # 516501 OMERS Website Address - omers.com OMERS pension plan protected and next steps Important Update on Proposed OMERS Plan change vote Omers-Pension-Alert Omers-1-of-2 Omers-2-of-2 CUPE-Ontario-Alert-OMERS-Town-Hall-Call-July-11 OMERS… With a conditional indexing policy, this rate is effectively voted … La règle de pension des « 30 ans de service » est un élément crucial de mon plan de retraite et m’a permis d’établir l’âge auquel il serait avantageux pour moi de prendre ma retraite. With a conditional … - Réduire les taux d’accumulation des prestations de retraite, ralentissant la croissance de la pension; Les changements au Régime de pensions du Canada incluent une nouvelle définition du « maximum supplémentaire des gains annuels ouvrant droit à pension » (MSGAP) qui sera de 107 % du maximum des gains annuels ouvrant droit à pension (MGADP) en 2024 et de 114 % du MGADP par la suite. The pension deindexing won’t affect Frank Ramagnano’s pension as he has over 30 years, is a Acting District Chief earning over $130,000, over $70,000 as President of T.P.F.F.A … Les changements proposés touchant ma capacité d’obtenir une pension de retraite anticipée non réduite et toute tentative connexe pour réduire les prestations actuelles du régime d’OMERS mettent en péril mon plan de retraite. User account menu. 31 mars 2020 16 h 25 Avis; Ontario Municipal Employees Retirement System [OMERS], Pensions, Pensions and Benefits; Share on facebook. The Ontario Municipal Employees Retirement System (OMERS) is a Canadian pension fund created by Ontario provincial statute in 1962 to manage the retirement benefits of all local government employees in the Canadian province of Ontario. Please stay tuned for details - SHAME! VOTE RESULTS; FYI; GET A PENSION ESTIMATE; HOW YOUR PENSION GROWS; LATEST COVID-19 NEWS; MEET OUR MEMBERS: GREG; HOW YOUR OMERS PENSION GROWS. The SC Board will vote on final changes in November, following our consultation process. In June 2020, the OMERS SC Board will be voting on whether to move from guaranteed indexing to “shared risk” indexing. Mise à jour importante relativement au vote sur les changements proposés à OMERS. Of the 6 proposals that were being considered, two were approved by the OMERS SC board. 15 votes, 12 comments. OMERS is a jointly-sponsored pension and employers and workers are meant to have an equal say in governance. Évidemment, la pension des « 30 ans de service » est également une pension du « facteur 90 » pour tout bénéficiaire du régime d’OMERS qui travaille pendant 35 ans s’il a commencé à l’âge de 20 ans : 20 ans + 35 ans = 55 ans + 35 ans de service = 90. Removing the 35-year service cap and the ability for Paramedics to negotiate into the NRA 60 pension plan. That’s why on March 25th, CUPE Ontario sent the OMERS SC Board a letter requesting the postponement of their planned June vote to remove guaranteed indexing from the pension plan. Thanks to votes from the Firefighters, Police and OSSTF. Several of these changes have the power to negatively affect plan members and their retirement plans. As well as instituting a complicated governance arrangement, Bill 206 also requires establishment of supplemental plans for police, firefighters and paramedics, who would then be entitled to better pensions than members of the basic … Share on email. On November 15, representatives from employers and unions with members in the OMERS pension plan came together to vote on changes proposed in June. Board to vote on indexing. Le SEFPO encourage OMERS à reporter un vote crucial. Lors de la prochaine réunion du conseil d’administration d’OMERS, des changements au régime de retraite feront l’objet d’un vote. Just got a newsletter saying OMERS is moving to conditional indexing, what would that mean for me? Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. OMERS is deindexing their pension plan in the future. The OMERS Sponsors Corp (SC) Board is scheduled to vote on this proposal on June 24, 2020, and we need to tell the OMERS SC Board members to vote NO to the proposed changes. On June 23, the British people voted to leave the European Union. Votre soutien est nécessaire pour dire au conseil d’administration de protéger notre régime de pension. OMERS’ current system of guaranteed indexation means workers can enjoy a guarantee that their pension will stay consistent throughout their retirement. Log In Sign Up. OMERS’ current system of guaranteed indexation means workers can enjoy a guarantee that their pension will stay consistent throughout their retirement. March 31, 2020 - 4:25 pm Notice; Ontario Municipal Employees Retirement System [OMERS], Pensions, Pensions and Benefits; Share on facebook . La valeur réelle de ma pension mensuelle ultérieure d’OMERS est essentielle à mon sentiment de sécurité et à ma capacité de maintenir mes conditions de vie à la retraite. Several of these changes have the power to negatively affect plan members and their retirement plans. That means our raises in retirement will depend on whether 2/3 of the SC Board think the fund is healthy enough to give us a raise. It is especially bad for younger workers or new hires who will have to work most or all their career without getting the guaranteed indexing of their pension in retirement. Under the current Plan, the SC Board may vote (2/3 majority) to reduce any pension benefit, including indexing, for service time after the date of the vote. The OMERS Board has voted to de-index our pensions! Share on twitter. OMERS belongs to plan members – and we deserve to know details of what is being debated and being voted on by the OMERS Sponsors Corporation Board of Directors on June 24th. OMERS: Vote to Protect My Pension OMERS is one of the country's largest defined-benefit pension plans. While we do anticipate high volatility over the coming days and weeks, we are prepared and highly focused on … There are a number of changes that are coming to OMERS in the next couple of years. To all OMERS Plan Members: After an extensive Comprehensive Plan Review the OMERS SC Board voted on the proposed Plan changes. Le SEFPO encourage OMERS à reporter un vote crucial. At the upcoming meeting of the OMERS Board of Directors, changes to the pension plan will be voted on. OMERS has been preparing for this possibility with comprehensive analysis and strategic decisions, including managing currency risk. Of the 6 proposals that were being considered, two were approved by the OMERS SC board. Pourquoi cette mesure est-elle nécessaire alors qu’en 2017, le ratio de capitalisation a augmenté à 94 %, marquant la cinquième année consécutive de hausse de la capitalisation pour les bénéficiaires du régime d’OMERS et d’un régime par capitalisation intégrale prévu sur une base rajustée d’ici 2025? Share on twitter. As a member of the OMERS sponsor board Frank Ramagnano was appointed to represent O.P.F.F.A/T.P.F.F.A members in protecting and improving pension benefits. When you’re ready to retire we use a formula that includes your earnings and years of credited service in the OMERS Primary Plan (the … Get The Facts – Defend your OMERS Pension With NEW TOOLS. What does this mean? OPSEU urges OMERS to postpone crucial vote. Important Update on Proposed OMERS Plan change vote. A pension is a promise. Il est injuste de modifier les dispositions sur la retraite anticipée pour les personnes qui auront atteint l’âge de 55 ans après le 1er janvier 2021 et qui ne sont plus admissibles à une pension non réduite jusqu’à que le « facteur 90 » ou la pension des « 30 ans de service » à l’âge de 60 ans s’applique à elles. 15. Plusieurs de ces changements pourraient affecter négativement les bénéficiaires du régime et leurs plans de retraite. Removing the 35-year service cap and the ability for Paramedics to negotiate into the NRA 60 pension plan. Adhérez au SEFPO; À propos de nous; Nouvelles; Événements; Secteur. Le taux d’actualisation réel aura été réduit de 50 points de base en seulement 10 ans, engendrant une valeur actuelle par ailleurs supérieure des futures obligations de retraite. For example, last year the price of goods and services went up by 1.89%, so OMERS pensions increased by 1.89% as of January 1, 2020. Close. Je vous écris aujourd’hui pour vous faire part de mes inquiétudes concernant des détails précis des changements proposés au régime de retraite d’OMERS qui pourraient avoir un impact considérable sur mes plans de retraite. VOTE RESULTS; FYI; GET A PENSION ESTIMATE; HOW YOUR PENSION GROWS; LATEST COVID-19 NEWS; MEET OUR MEMBERS: GREG; HOW YOUR OMERS PENSION GROWS. March 31, 2020 - 4:25 pm Notice; Ontario Municipal Employees Retirement System [OMERS], Pensions, Pensions and Benefits; Share on facebook . While we do anticipate high volatility over the coming days and weeks, we are prepared and highly focused on … OMERS is deindexing their pension plan in the future. To all OMERS Plan Members: After an extensive Comprehensive Plan Review the OMERS SC Board voted on the proposed Plan changes. OMERS Board Betrays Plan Members, Eliminates Guaranteed Indexing June 24, 2020 CUPE Ontario is profoundly disappointed to report to you that the OMERS Sponsor Corporation Board of Directors has voted in favour of eliminating the guaranteed indexing of … As always, Plan changes require a two-thirds affirmative vote by the SC Board and are unlikely to take effect before January 1, 2021. Last week, Caisse de Depot et Placement du Quebec, Canada’s second-largest pension fund, said it returned 10 per cent on its investments last year. What does this mean? Actuellement, mes prestations de retraite sont calculées en multipliant mes années de service par le taux d’accumulation de 1,325 % des revenus jusqu’au MGADP actuel de 55 900 $ et par 2,0 % au-delà de ce montant. For example, last year the price of goods and services went up by 1.89%, so OMERS pensions increased by 1.89% as of January 1, 2020. Chers membres d’OMERS, Le SCFP-Ontario est profondément déçu de vous rapporter que le conseil d’administration de la Société de promotion d’OMERS a voté en faveur de l’élimination de l’indexation garantie de votre pension pour tout service après le 31 décembre 2022. The result was 50% plus one in favour of the changes, a thin majority that fell short of the two-third majority required to make changes to the OMERS pension plan. It is especially bad for younger workers or new hires who will have to work most or all their career without getting the guaranteed indexing of their pension in retirement. Unifor has been made aware of several proposed by-law amendments that seek to remove workers’ representatives from the jointly-sponsored OMERS pension plan. As of December 2019, OMERS had C$109 billion in net investment assets. Of the 6 proposals that were being considered, two were approved by the OMERS SC board. Instead, employer risk is shifted on to Plan members like me, who bear the full risk and consequences of cuts to our pension … Share on email. The result was 50% plus one in favour of the changes, a thin majority that fell short of the two-third majority required to make changes to the OMERS pension plan. Press question mark to learn the rest of the keyboard shortcuts. Share this article. Working people need pensions. Trouvez votre secteur Press question mark to learn the rest of the keyboard shortcuts. It has become one of the largest institutional investors in Canada. We know if this vote goes ahead on November 14 th and the governance changes pass, it will make it easier for OMERS to cut benefits like pension inflation protection (indexing) and early retirement. Je comprends aussi qu’OMERS envisage activement d’exiger que les bénéficiaires du régime attendent jusqu’à ce qu’ils soient à moins de 5 ans de l’âge normal de la retraite de 65 ans (ou 60 ans plutôt que 55 ans) avant de faire une demande de retraite anticipée sans réduction. 15. But they have refused … Good day everyone, There has been some changes to the OMERS pension plan recently (see forward). What’s … Every year, your pension is increased by an amount equal to 100% of the increase in the Consumer Price Index (CPI). On June 23, the British people voted to leave the European Union. Removing the 35-year service cap and the ability for Paramedics to negotiate into the NRA 60 pension plan. Not broken promises. Will you add your voice to stop it? They tried it in 2018 and we stopped them. Unifor est le plus grand syndicat du secteur privé au Canada regroupant plus de 305,000 membres de partout au pays et présents dans pratiquement tous les secteurs importants de l’économie canadienne. At this time the SC is not publicizing the date of the vote, nor what is actually being voted on. If you enroll in the MROO Health Insurance Plan before you pay the $25 membership fee, we'll waive the fee. If approved by a two-thirds majority of the SC board, pension benefits for members earned after Dec. 31, 2022, may not grow as fast as inflation under certain circumstances. Membership is open to any retiree receiving an OMERS pension – and others! Lors de la prochaine réunion du conseil d’administration d’OMERS, des changements au régime de retraite feront l’objet d’un vote. Plan design changes are on the horizon for the Ontario Municipal Employees Retirement System’s primary pension plan. - Limiter l’âge de retraite anticipée à 60 ans et plus; - Réduire les taux d’accumulation des prestations de retraite, ralentissant la croissance de la pension; Afin de protéger les travailleuses et travailleurs qui approchent de la retraite et de continuer d’assurer des prestations de retraite maximales à tous les bénéficiaires du régime, nous devons demander au conseil d’administration de voter CONTRE ces changements. OMERS (Ontario Municipal Employees Retirement System) est un gestionnaire de fonds institutionnels ontarien créé par statut en 1962 pour gérer les pensions des employés municipaux de l'Ontario au Canada.Il est devenu l'un des plus importants investisseurs institutionnels du Canada [1].Environ 70 % du fonds provient d'investisseurs, alors que 30 % provient des montants de pension versés. Of the 6 proposals that were being considered, two were approved by the OMERS SC board. Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. WHAT YOU CAN DO: Visit our website www.ouromers.ca and tell the OMERS SC Board to Keep Their Promise and vote NO to Shared Risk Indexing. There are a number of changes that are coming to OMERS in the next couple of years. Of the 6 proposals that were being considered, two were approved by the OMERS SC board. Enhanced Part Time enrollment did not pass. Enhanced Part Time enrollment did not pass. At the upcoming meeting of the OMERS Board of Directors, changes to the pension plan will be voted on. To all OMERS Plan Members: After an extensive Comprehensive Plan Review the OMERS SC Board voted on the proposed Plan changes. When you’re ready to retire we use a formula that includes your earnings and years of credited service in the OMERS Primary Plan (the … Just got a newsletter saying OMERS is moving to conditional indexing, what would that mean for me? Si vous souhaitez apporter un appui supplémentaire, veuillez cocher les cases ci-dessous. Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. Présentement, en tant que bénéficiaire du régime d’OMERS, je peux prendre ma retraite plus tôt sans aucune réduction de ma pension mensuelle ni sanction si j’ai travaillé pendant 30 ans ou plus, ou si le « facteur 90 » s’applique à ma situation, c’est-à-dire que mon âge et mes années de service aux fins du régime totalisent 90. The board of the pension sponsor corporation will vote on what to do about OMERS benefits in November. OMERS: Vote to Protect My Pension OMERS is one of the country's largest defined-benefit pension plans. If this vote goes ahead on June 24th, please vote no to so-called “Shared Risk Indexing” and protect our guaranteed indexing. - Réduire le taux d’actualisation réel (utilisé pour évaluer le coût actuel des futures obligations de retraite), malgré les taux d’intérêt qui continuent d’augmenter au Canada. OMERS pensions increase every year in order to keep pace with inflation – this is called “indexing”. Enhanced … 15. Afin de protéger les travailleuses et travailleurs qui approchent de la retraite et de continuer d’assurer des prestations de retraite maximales à tous les bénéficiaires du régime, nous devons demander au conseil d’administration de voter CONTRE ces changements. The board of the pension sponsor corporation will vote on what to do about OMERS benefits in November. A pension is a promise. - Limiter l’âge de retraite anticipée à 60 ans et plus; But OMERS has broken that promise by making sweeping changes to pensions. Vous êtes ici : Accueil; Mise à jour importante relativement… DATE: Le 15 novembre 2018. Important Update on Proposed OMERS Plan change vote. The name “Shared Risk Indexing” is disingenuous. OMERS : Un vote pour protéger ma pension. Removing the 35-year service cap and the ability for Paramedics to negotiate into the NRA 60 pension plan. To all OMERS Plan Members: After an extensive Comprehensive Plan Review the OMERS SC Board voted on the proposed Plan changes. À lui seul, ce changement réduit considérablement la somme mensuelle de ma pension lorsque je prendrai ma retraite ou encore il m’obligera à travailler bien au-delà de l’âge auquel j’avais prévu prendre ma retraite. La lettre ci-dessous, adressée au conseil, souligne les changements suivants et les raisons pour lesquelles nous nous y opposons. OMERS guarantees that your pension will be fully indexed every year; a promise OMERS has made since 1992. En tant que bénéficiaire du régime d’OMERS, j’ai accepté pendant des années de gagner un revenu plus modeste que les autres membres de ma communauté parce que j’appréciais de pouvoir verser une partie de mon salaire dans un régime de retraite en sachant qu’une pension à prestations déterminées décente et sûre serait essentielle à mon plan de retraite. Its assets under management grew to $340.1 billion from $309.5 billion a year ago. As such, the OMERS SC Board of Directors is made up of half worker representatives and half employer representatives. Plusieurs de ces changements pourraient affecter négativement les bénéficiaires du régime et leurs plans de retraite. Je comprends qu’OMERS envisage également de remplacer la garantie d’indexation selon l’inflation par une indexation conditionnelle au service futur, soit conditionnelle à la capitalisation du régime, ou seulement lorsque le régime d’OMERS est entièrement capitalisé à plus de 105 % ET que l’indexation offerte n’entraîne pas une capitalisation intégrale du régime inférieure à 105 %. When it comes to council pensions, all members are enrolled in the defined benefit plan with the Ontario Municipal Employees Retirement System (OMERS). Depuis 2015, les actifs nets du régime d’OMERS ont augmenté à 95 milliards de dollars, une hausse de 18 milliards de dollars en seulement 2 ans. Bref, malgré les décennies de service et les cotisations au régime de retraite, aucun bénéficiaire du régime ne pourrait prendre sa retraite avant d’avoir 60 ans sans réduction de sa pension mensuelle ou sanction. OMERS board votes to keep guaranteed protection against inflation. Staff | June 26, 2020 . TO: Tous les membres d’OMERS. Politique sur les renseignements confidentiels. OMERS SC board. OMERS is a jointly-sponsored pension and employers and workers are meant to have an equal say in governance. L’âge de ma retraite a été déterminé au cours des dernières années en fonction des cotisations que j’ai versées à OMERS et des prestations que le régime a promises. Subject: OMERS Sponsors Corporation Passes Five Amendments In Recent Vote. OMERS is a great pension plan. We know if this vote goes ahead on November 14 th and the governance changes pass, it will make it easier for OMERS to cut benefits like pension inflation protection (indexing) and early retirement. OMERS guarantees that your pension will be fully indexed every year; a promise OMERS has made since 1992. Je vous demande, en tant que présidents, de vous assurer que cette lettre est partagée avec tous les membres du conseil d’administration. When it comes to council pensions, all members are enrolled in the defined benefit plan with the Ontario Municipal Employees Retirement System (OMERS). Je comprends aussi qu’OMERS propose des changements à la façon dont les taux d’accumulation des prestations de retraite sont calculés afin d’intégrer les récentes améliorations au Régime de pensions du Canada. This means that for service worked after December 31, 2022, annual indexing for that portion of your OMERS pension could be reduced or even eliminated. But OMERS has broken that promise by making sweeping changes to pensions. Share on email. As a defined benefit pension plan, OMERS provides you with secure, predictable retirement income. Nonetheless concerned insiders want to get the date of this meeting out to OMERS members. À tous les dirigeants et dirigeantes de sociétés de promotion du régime d’OMERS. Enhanced Part Time enrollment did not pass. Bon nombre de mes collègues dont les revenus avoisinent le MGADP de 55 900 $ en 2018 pourraient observer une réduction de 6,0 % de leur pension du régime d’OMERS en raison de ce seul changement. This Wednesday, the OMERS Sponsors Corporation (SC) Board will vote on a proposal to remove guaranteed indexing at OMERS. We know if this vote goes ahead on November 14th and the governance changes pass, it will make it easier for OMERS to cut benefits like pension inflation protection (indexing) and early retirement. The referendum that led to this decision was announced over a year ago. OMERS plan members on the front lines of the COVID-19 pandemic shouldn’t have to worry about their future pension benefits being cut. Determine the type of membership you're eligible for: Life member: As a life member, you'll pay a one-time membership fee of $25 . At the upcoming meeting of the OMERS Board of Directors, changes to the pension plan will be voted on. Share on email. 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