The OMERS Sponsors Corporation (SC) adopted the amended and restated By-Law No. 6 effective January 1, 2017. By-Law No. 6 outlines remuneration for Directors of the SC and OMERS Administration Corporation (OAC) Boards.
The SC Co-Chairs are appointed annually by the SC Board. The SC re-appointed Mr. Frank Ramagnano and Ms. Marianne Love to serve as Co-Chairs for the duration of 2017.
The SC and OAC Boards met to jointly discuss the preliminary actuarial assumptions for the December 31, 2016 valuation.
OAC Board Appointments
The SC appointed Laurie Hutchinson as a Director of the OAC Board for a three-year term, beginning January 1, 2017.