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November 21, 2016

OMERS announced that pensions will increase by 1.45% as of January 1, 2017. This increase reflects the change in the cost of living as measured by the Canadian Consumer Price Index (CPI).

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October 27, 2016

OMERS annual audit of our pension database is underway.

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September 9, 2016

On August 31, OMERS Sponsors Corporation (SC) approved a change to the Additional Voluntary Contributions (AVC) program that allows members to keep non-locked-in funds in their AVC account after the year they turn age 71. With this new part of the program, which is called the "AVC Income Option", members can keep their AVC account for their lifetime.

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February 26, 2016

In 2015, OMERS continued to make steady progress towards delivering secure and sustainable defined benefit pensions to the Plan’s members. Its funded status improved to 91.5% as a result of investment returns and member and employer contributions, compared with 90.8% the year before.

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November 23, 2015

OMERS announced that pensions will increase by 1.16% as of January 1, 2016. This increase reflects the change in the cost of living as measured by the Canadian Consumer Price Index (CPI).

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