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Explore the OMERS Pension Plan

The OMERS defined benefit pension plan is designed to provide a reliable stream of income in retirement.

An OMERS pension can be one of our member's most valuable assets. When our members retire, they are provided with regular pension payments that continue for the rest of their lives.

Members contribute and employers match. For members, this provides a valuable way to save for retirement with contributions that are matched by their employer.

Since 1962, employers have recognized the value of the OMERS Pension Plan as a means of recruiting and retaining great employees as an integral part of their total compensation, along with salary and other benefits.

OMERS investment returns fund the balance of members' pensions. Our investment teams around the world have established OMERS as a leading global investor and manager of high-quality assets, by taking a long-term view to create value and provide stable returns for our members.

The value of the Plan

Defined benefit (DB) pension plans not only provide a secure source of income for their members, they also have a positive impact on local, provincial and national economies. The defined benefit pension model provides direct retirement security benefits to members, while also creating many positive ripple economic and social effects beyond immediate membership.

Using the DB model, OMERS is an important economic driver, not only in Ontario but also in Canada. The Plan's annual benefit payment exceeds the annual payroll of many large Canadian corporations

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Plan features

Find out more about key features of the OMERS Pension Plan, including early retirement options, survivor benefits and disability benefits.

Key features of the OMERS Plan

OMERS Pension Plans

The OMERS Pension Plans include the OMERS Primary Pension Plan, the Retirement Compensation Arrangement (RCA) for the OMERS Primary Pension Plan, and the Supplemental Pension Plan for Police, Firefighters and Paramedics.

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We are OMERS

Our members are who we come to work for each day.