Your OMERS pension is more than what you may think. In addition to a lifetime pension, there is a bridge benefit that increases your OMERS pension until you would normally begin to receive your Canada Pension Plan (CPP) pension at age 65. Here, we dissect your OMERS pension to better explain how it benefits you and your survivors.
Your OMERS pension has two components:
The formula used to calculate your OMERS lifetime pension plus bridge benefit to age 65. Lean more in the Member Handbook.
Along with your pension, OMERS provides excellent survivor benefits, including benefits for your eligible spouse and children.
Designate someone to contact OMERS Client Services immediately in the event of your death, or write to us. We'll need to know: