Young Workers Have the Most to Lose If OMERS Scraps Guaranteed Indexing
Young workers are the most impacted by the OMERS proposal to eliminate guaranteed indexing. We have the most to lose. Indexing is like getting an annual raise in retirement. It protects our pensions from cost-of-living increases. If “Shared Risk Indexing” is passed, our service after December 31, 2022 would only have conditional indexing – meaning…
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