OMERS just had another high performing year.
• Investment returns of a net 11.5 per cent – almost double required discount rate of 6.2 per cent and well above the strategic rate.
• 2017 earnings of $9.9 billion were used to both lower next year’s discount rate and increase the plan fund.
• The plan holds more than $95 billion in assets
Yet some at the Sponsors Corporation want to get rid of key benefits like guaranteed indexing. We can’t let that happen.
Let OMERS know we must keep key benefits like guaranteed indexing so we can keep up with cost-of-living increases and live with dignity after we retire.