OMERS Act, 2006 and Plan Texts

The Ontario Municipal Employees Retirement System Act, 2006 (OMERS Act, 2006) outlines OMERS governance model. The Plan Text governs how the OMERS pension plans are administered. This section provides summaries and links to relevant documents.

OMERS Act, 2006

The OMERS Act, 2006 was proclaimed into force on June 30, 2006, and established a new independent governance model for OMERS.

View the OMERS Act, 2006

OMERS Review Act, 2006

Under the OMERS Review Act, 2006 the Minister of Municipal Affairs and Housing is required to ensure the appointment of a person to conduct a review in 2012 of the governance model established for OMERS in 2006 under the OMERS Act, 2006. In accordance with the statute, the review will be based on actual governance and administration of OMERS since the new governance model became effective. The statutory review is to address the effectiveness and fairness of the OMERS governance model in representing the interest of employers as well as members of the plans, and the efficiency of the governance model, and the effectiveness of the governance model in ensuring the financial stability of OMERS. Upon completion of the review, the person appointed to conduct the review shall submit a report, including any recommendations for changes to the governance model of OMERS, to the Minister.

On May 15, 2012, Kathleen Wynne, the Minister of Municipal Affairs and Housing announced on her Ministry’s website that Mr. Tony Dean was appointed as the Reviewer of the OMERS Act, 2006.

On January 25, 2013, Mr. Dean’s Review Report was released by the Minister of Municipal Affairs and Housing. View report.

View the OMERS Review Act, 2006

OMERS Primary Plan Text

A “plan text” is the legal document governing how a registered pension plan is administered.

Under the OMERS Act, 2006, the pension plan that was governed by the old Ontario Municipal Employees Retirement System Act prior to June 30, 2006 is continued as the OMERS Primary Pension Plan (Primary Plan).

The Primary Plan text was last restated as of January 1, 2014.

View Primary Plan text (restated January 1, 2014) PDF File [416 KB]

View SC By-law No. 32 PDF FIle [156 KB]

On August 19, 2014, the SC enacted By-law No. 32. It amended contribution rates starting January 2015.

Please note that the Primary Plan text, restated as of January 1, 2014, and SC By-law No. 32 must be read together in order to understand the current terms of the Primary Plan.

OMERS Supplemental Plan Text

The OMERS Supplemental Pension Plan for Police, Firefighters and Paramedics (Supplemental Plan) came into effect on July 1, 2008. The Supplemental Plan is a separately funded, stand-alone registered pension plan that offers optional benefits that are not available under the Primary Plan. More information on the Supplemental Plan.

View Supplemental Plan text (restated January 1, 2014) PDF File [358 KB]

View SC By-law No. 32 PDF File [156 KB]

On August 19, 2014, the SC enacted By-law No. 32. It amended contribution rates starting January 2015.

Please note that the Primary Plan text, restated as of January 1, 2014, and SC By-law No. 32 must be read together in order to understand the current terms of the Primary Plan.

OMERS Retirement Compensation Arrangement

The retirement compensation arrangement (RCA) for the OMERS Primary Pension Plan is a separate arrangement that provides benefits to members of the Primary Plan whose earnings exceed the benefit limits that may be provided under a registered pension plan under the Income Tax Act (ITA).

View RCA text (amended and restated June 30, 2007) PDF File [98 KB]