On May 15, the Minister of Municipal Affairs and Housing, Kathleen Wynne, announced on her Ministry’s website that Mr. Tony Dean was appointed as the Reviewer of the OMERS Act 2006, as per the Ontario Municipal Employees Retirement System Review Act, 2006.

A Settlement Agreement has been signed resolving litigation surrounding asset management contracts for real estate investments of the OMERS pension plan for the years 2002-2004, subject to court approval.

Benefits and Pensions Monitor online has published an article featuring OMERS members who have invested in the Additional Voluntary Contributions (AVC) option.

TORONTO (February 24, 2012) -- OMERS, one of Canada’s largest pension plans, ended 2011 with an all-time high of $55.1 billion in net assets. Net assets of the Plan, which administers pensions and invests pension assets for almost 420,000 members, have increased by almost $12 billion since the 2008 global credit crisis.

Michael Power, a long-serving member of the OMERS Administration Corporation Board, passed away this morning after being ill for the past few months. He was 69.