Contributions from members and employers, together with OMERS investment returns, fund the pensions that members receive.
2014 contribution rates (beginning with the first
full pay in 2014)
Normal retirement age 65
Normal retirement age 60
Up to CPP earnings limit*
Above CPP earnings limit
*The YMPE for 2014 is $52,500 (year's maximum pensionable earnings). This is the earnings limit up to which members also contribute to the Canada Pension Plan.
You must deduct contributions from members' contributory earnings in each pay period.
In a year when a weekly or biweekly payroll has an extra (53rd or 27th) pay period, you can:
Past OMERS contribution tables for your reference.
Learn about OMERS current and past contribution rates.
PA calculators and information for current and previous years.
Payroll Deductions (Additional Voluntary Contributions)
OMERS is excited to offer a new option for automatic contributions, and it involves you - the employer.