OMERS Pensions to Increase by 2.29% in 2019
OMERS announced that pensions will increase by 2.29% as of January 1, 2019. Most members whose pensions began in 2018 will receive a pro-rated increase. This increase reflects the change in the cost of living, as measured by the Canadian Consumer Price Index (CPI).
OMERS inflation protection increases retirement, disability and survivor pensions each year.
Members who are on pension will get an Annual Statement of Pension listing their updated pension amount for 2019 in late December. The statements are posted on the secure member myOMERS site, then mailed to members who receive their pension information by paper mail.
Get your Annual Statement of Pension early! Activate your myOMERS account to get your statement as soon as it is available online at myOMERS.com.
Registering for myOMERS is easy and provides you with safe and secure access to your pension information 24/7. Get started with myOMERS today
More about inflation protection