Our 2020 Strategy - Driving Plan Sustainability

In 2016, OMERS continued to execute on the 2020 Strategy put in place the year before.

Our Strategy, which sets out a five-year roadmap, is advancing OMERS toward our vision of being a leading model for defined benefit pension plan sustainability.

This Strategy recognizes challenges facing OMERS in the coming years, including:

  • A maturing Plan as the number of retired members increases relative to contributing members
  • A challenging investment environment
  • An evolving pension landscape as retirement remains a priority for governments

Our Goals:

  • Achieve full funding and protect the Plan from market volatility, with stable and predictable contribution rates and benefit levels.
  • Earn a consistently high satisfaction rate – provide high-quality service to members, employers and stakeholders.
  • Manage costs effectively – both our Management Expense Ratio (MER) and our Cost Per Member (CPM).

Our Strategy is working and contributed to our solid 2016 results. It is based on four pillars:

  1. Protecting our funded status
  2. Delivering 7-11% net annual average investment returns
  3. Continuing to build quality relationships with members, employers and stakeholders
  4. Evolving our capabilities and business model.

We are proud of the strong progress OMERS made in 2016 to deliver on our 2020 Strategy.