Social and Economic Value of the Plan

OMERS makes a significant impact in supporting Ontario’s economy and communities, delivering essential stability for members and the places they call home.

OMERS activities help to generate $15.3 billion of GDP annually in Ontario (an increase of 11% since 2023 and 28% since 2020), while supporting over 135,000 jobs.

This economic and social value analysis, as well as previous research conducted in 2020 and 2023, reveals that pensions go beyond direct support for retirees; they fuel local economies, drive job creation, and provide lasting stability for communities across Ontario. Beyond economic impact, the research highlights the growing social value of OMERS defined benefit pension, particularly in challenging economic environments.

CANCEA’s social value survey found that OMERS retirees report significantly higher levels of life satisfaction, financial security and overall well‑being compared to the general population, a difference researchers describe as the “stability dividend.” In fact, retired OMERS members are more than twice as likely to report meeting their income needs effectively than the general population.

Please find below highlights from our most recent and prior studies, as well as full copies of CANCEA’s reports.