York Plan Consolidation into OMERS

January 09, 2019

On January 8, 2019, OMERS announced the consolidation of the Corporation of the City of York Employee Pension Plan (York Plan) into OMERS. The York Plan is one of the pension plans managed by the City of Toronto.

With regulatory changes made in 2015, it became possible for OMERS to extend efficient and effective pension administration to pre-OMERS pension plans, such as the York Plan.

Consolidation will not impact existing OMERS members’ benefits or contribution rates.