Serving members at all stages of life

September 15, 2015
Article Image

Meet two members at different stages in their lives, with unique goals and interests, linked by a common thread: the OMERS pension promise.

Recently enrolled member, Amanda Miller, says that automatic, bi-weekly OMERS contributions make OMERS "an easy and worry-free investment."

Amanda worked for the Region of Durham for about a year as a temporary employee before getting a permanent position and joining the OMERS Plan. "I was excited to be a part of OMERS," she says. "I know that OMERS will take care of my retirement."

Looking ahead to retirement, Amanda says, "When I retire, I want to have the security and opportunities to be able to make the most of my retirement.

"I’d also like to retire early." To help reach that goal, Amanda is buying back the time she worked as a temporary employee. "I recently found out that I can also buy back the time I belonged to a private sector plan and convert it to OMERS credited service.

"Altogether, I have three years that I can add to my OMERS service," she says. "It's ideal to buy back that time now because the buy-back cost will only increase as I get older."

Amanda Miller started working for the Region of Durham in June 2014. She joined the OMERS Plan in July 2015

New to retirement

Darin Jackson

Darin Jackson, member of CUPE Local 416

Recently retired member, Darin Jackson, a member of CUPE local 416, says that he didn't always understand the value of his OMERS pension. "When I started working for the city in the early 1980s, I complained about OMERS to my union rep and tried to get out of joining the plan."

Today, Darin sees OMERS in a completely different light. "When I ran into that same union rep some 25 years later, I apologized," he says. "OMERS is the greatest benefit that I got from working for the city." Darin points out that "It’s hard to conceptualize a pension when you’re in your twenties."

He also says that if someone were to ask him whether or not they should join OMERS, he would definitely recommend joining. "It’s cash for life. OMERS pays off over the long term."

When asked about his retirement dreams, Darin says, “Someone told me once that you really start living life when you retire and that’s what I want to do.

"I kicked off my retirement with a 70-day trip to British Columbia with my wife, and I’m looking forward to spending more time with my family, which is something I haven’t been able to in the past. I will also do more travelling."

Darin Jackson lives in Barrie and retired in July 2015 after working for North York and the City of Toronto for 33 years.