Additional Voluntary Contributions (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.

Similar to RRSPs in many ways, funds in an AVC account are invested in the OMERS Fund, a globally diverse portfolio of high-quality investments 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. More about OMERS 2016 results

All members can transfer money from other registered retirement savings vehicles such as RRSPs to an AVC account up to the end of the year they turn age 70. 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 are a low cost investment. This helps to ensure every cent counts toward your retirement savings.

  • AVC Fact Sheet .pdf

  • AVC Guide .pdf

  • Terms of Participation .pdf

More about AVCs

What are AVCs?
An AVC account is in addition to your OMERS pension. Learn about this retirement savings and investment opportunity
How do AVCs work
There are two ways to contribute to an AVC account. Learn about contributing, withdrawing funds and RRSP room
Are AVCs right for you?
Assess your understanding of AVCs Check out the quiz and member stories
*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.