In 2015, OMERS Sponsors Corporation and the OMERS Administration Corporation worked together to develop one inclusive, five-year Strategy that sets out our roadmap to 2020 and reflects our vision to make OMERS a leading model for defined benefit pension plan sustainability.
The Strategy responds to the changes that we are seeing all around us and evolving long-term trends. These changes include the fact that, on average, our Plan members are getting older, which means we have a growing number of retired members compared to active, contributing members. We also have an uncertain investment climate, with low interest rates and low growth.
We are aware of the forces at play and are prepared to address them with a Strategy that anticipates and responds to these trends. With this Strategy, we aim to achieve three objectives:
Our Strategy rests on four pillars, setting out how we will: