Today, OMERS announced a 10.6 per cent total rate of return for the year ended December 31, 2009, compared with a negative 15.3 per cent total rate of return in 2008. The average rate of return for the past five years now stands at 6.6 per cent, above the five-year average benchmark return of 5.8 per cent.
OMERS, one of Canada's largest pension funds, has been chosen by World Finance Magazine as Pension Fund of the Year 2010, Canada.
Responding to the needs of its membership, OMERS is developing several new features and options. These will include:
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