Your permanent full-time employees can join as soon as your organization becomes an OMERS employer. Forworkers, e.g., contract, part-time and seasonal employees, your OMERS by-law/resolution will set out their membership policy. Some employers require mandatory membership for these employees, and they would be eligible immediately. Or, if membership is not mandatory, non-full-time employees have the option to join the OMERS Plan once they work or earn enough over a two-year period to qualify – some employees may be eligible immediately.
Note: if you are an associated employer, see Eligible organizations and employees for a description of employees who are eligible to join.
Your current eligible employees have the option to join OMERS. As soon as you become an OMERS employer, you must offer OMERS membership to these employees. Employees who decline can join OMERS at any point in the future provided they continue to be eligible. For your future permanent, full-time employees, enrolment in OMERS will be mandatory upon hire. Depending on your policy for non-full-time employees, e.g., contract, part-time and seasonal employees, enrolment will either be mandatory upon hire or they will have the option to join OMERS once they work or earn enough over a two-year period to qualify – some employees may be eligible immediately.
Members contribute a percentage of their earnings to help pay for their future pension. Employers contribute an equal amount. You can use the Employer Cost Estimator to estimate the cost of contributions that would be required by your organization.