The change under consideration removes the current eligibility rules so that all non full time employees can elect to join the Plan at any time.
This change is being considered by the OMERS Sponsors Corporation (SC) Board for the OMERS Primary Pension Plan and is still under review. The final decision will be made by the SC Board in June 2020.
I am a current non full time employee who is an OMERS member
I am a current non full time employee who is not an OMERS member
People are spending more time in non full time positions than ever — sometimes for their entire career.
Giving all employees the option of accessing a more secure retirement is a fair and needed change for the realities facing today’s workplace population.
You could elect to join the Plan at any time after December 31, 2022.
If you elected to join the Plan, your enrolment would be effective on the first day of the month after your election is received. If you chose not to participate right away, you would continue to have the option to enrol in the future.
No. Employers can currently choose to make Plan membership mandatory for their employees, and some have chosen to do so. For those specific employers and employees, nothing would change.
For other non full time employees, including those currently ineligible, they could elect to join the Plan any time after December 31, 2022.
Yes. Today, all employers must offer a non full time employee the option to join the Plan after they meet certain eligibility rules. This change would simply remove these rules so that all non full time employees, including those currently ineligible, could elect to join the Plan any time after December 31, 2022.
Once you’ve opted into the Plan, you would not be able to opt out. This is consistent with the current Plan rules.
An employer would not be required to re-offer enrolment to a non full time employee who decided not to join or did not respond to the initial offer of enrolment while they remain employed. A non full time employee who wishes to enrol after the initial offer of enrolment has passed would be able to approach their employer to initiate the enrolment process.