OMERS Board Betrays Plan Members, Eliminates Guaranteed Indexing
Dear OMERS Plan members, CUPE Ontario is profoundly disappointed to report to you that the OMERS Sponsor Corporation Board of Directors has voted in favour of eliminating the guaranteed indexing of your pension for service worked after December 31, 2022. The “Shared Risk indexing” proposal passed. This means that for service worked after December 31,…
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