CUPE report calls for third-party review, alleges underperformance by pension fund manager OMERS

The union for Ontario public sector employees has renewed calls for an outside review of the Ontario Municipal Employees Retirement System, saying the pension’s 2020 loss is part of a long-term pattern of underperformance. In response, OMERS said Wednesday that an independent review “is not warranted.” The Canadian Union of Public Employees (CUPE) Ontario said…