OMERS Cancel the Cuts Petition
Petition CUPE Ontario, OPSEU and a group of OMERS pension activists want your signature on a petition to help fight the cuts. Sign up to learn more about what’s happening where you work.
OMERS Resolutions Guide
Resolution Pass a resolution at your union local that commits to concrete steps in support of the Cancel the Cuts campaign.
OMERS Cancel the Cuts Workplace Poster
Print this campaign poster to post around your workplace and on union bulletin boards.
CUPE seeks a review of OMERS pension plan performance after a loss in 2020
The union representing 125,000 Ontario municipal workers who are members of the OMERS pension plan is calling for a third-party review of the plan’s investment performance after it posted a “shocking” loss in 2020. Read the full article here.
“Not just ‘one tough year’”: CUPE Ontario calls for independent review of OMERS investment performance
TORONTO, ON – The long-term underperformance of the Ontario Municipal Employees Retirement System (OMERS) pension plan urgently requires a full and independent review, says the Canadian Union of Public Employees (CUPE) Ontario in a report released today. Take action at cupe.on.ca/fixomers “Investment returns are a critical part of funding the pensions of front-line workers. Unlike…
For Earth Day, time to recognize a Climate Change Emergency
This Earth Day, we invite Local executives to sign on to the CUPE Climate Change Emergency Declaration. While the planet reels in response to the health emergency from COVID-19, we cannot lose sight of the environmental crisis. There is no vaccine for climate change. Global temperatures continue to go up, and we continue to experience an increasingly destabilized climate. CUPE recognizes…
“We won’t pay for the mistakes of OMERS executives”: CUPE Ontario
TORONTO, ON – CUPE Ontario is calling for increased scrutiny of today’s announcement by the Ontario Municipal Employees Retirement System (OMERS) that the pension fund lost more than $3 billion last year. This represents a shortfall of more than $10 billion compared to their own benchmark returns for 2020. OMERS manages more than $100 billion…
Public Sector Accounting Board (PSAB) Joint Letter
CUPE Ontario, along with the Association of Ontario Municipalities, OMERS and other OMERS plan sponsor organizations, has sent a joint letter to the Public Sector Accounting Board (PSAB). The PSAB is considering changes to how defined benefit pension plans appear on government financial statements. These changes would make the reported liabilities and costs of these…
