Additional Voluntary Contributions (AVCs)

Prepare for the life you want with AVCs
Prepare for the life you want with AVCs
Prepare for the life you want with AVCs

Everyone’s vision of life in retirement varies.

Peace of mind with the lifetime income and survivor benefits your OMERS pension delivers may be all you need for retirement. If you are looking for the potential to earn more, the Additional Voluntary Contribution (AVC) provision of the OMERS Primary Pension Plan could be for you.

NEW! AVC Income Option for members past age 71.

Similar to RRSPs in many ways, funds in an AVC account are invested in the OMERS Fund, a globally diverse portfolio that is committed to meeting our obligations to plan members through predictable and stable long-term returns.

Contributions to an AVC account receive the same net investment returns* as the OMERS Fund.

All members can transfer money from other registered retirement savings vehicles such as RRSPs to an AVC account. Active members can also contribute regularly, from as low as $40 per month, via pre-authorized debit or payroll deduction if your employer offers the AVC payroll deduction option.

AVCs have minimal management fees and expenses and an annual administration fee of only $35. This helps to ensure every cent counts toward your retirement savings.

Learn more about how to contribute


*Net investment returns for a given year represent investment returns after accounting for the investment management expenses incurred for that same year. Investment management expenses can be expressed in dollar terms, and also as basis points, which are deducted from the gross rate of return, in order to determine a net rate of return.

For U.S. residents only: Neither the OMERS Primary Pension Plan nor the Additional Voluntary Contribution provision thereof (the AVC Option) is registered with the U.S. Securities and Exchange Commission. They are or may be offered and sold in the U.S. pursuant to an exemption from such registration.

Note: The AVC option is not available to members who are not resident in Canada or the United States.