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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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April 8, 2015

The OMERS Sponsors Corporation (SC) has completed its annual decision-making cycle and made a decision related to its 2015 Plan change review. For 2015, the SC will not consider benefit or contribution rate changes to the OMERS Pension Plans. The SC will consider the matter again in 2016 under its annual decision-making process, including Plan change suggestions that have been submitted by stakeholders.

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January 29, 2015

Effective March 1, 2015, OMERS will eliminate the administration fee for all service buy-back purchases and the first Statement of Family Law Value issued by request in the event of the breakdown of a member’s spousal relationship.

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June 26, 2014

On June 25, 2014, the OMERS Sponsors Corporation (SC), which sets contribution rates and benefits for the OMERS Primary Pension Plan (OMERS Plan), approved a change to contribution rates for normal retirement age 60 members. The rate change does not affect contribution rates of normal retirement age 65 members.

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June 28, 2013

The OMERS Sponsors Corporation (SC) annual process to review contribution rates and consider benefit change proposals concluded on June 25.

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