A Message from Michael Rolland, CEO, OMERS Sponsors Corporation
To OMERS Members and Stakeholders -
First and foremost, we hope you and the people you care about are staying safe and healthy.
Ensuring the OMERS plan stays healthy and sustainable is our collective responsibility and we take this very seriously. As part of this responsibility, the OMERS Sponsors Corporation Board revisits plan design every year, reflecting
our ongoing commitment to you.
It goes without saying that the past few weeks have been a very challenging time. At the start of this year’s plan review process, we did not foresee the COVID-19 pandemic, nor did we predict its impact on our communities and businesses.
However, we feel that proceeding with the 2020 plan review process is important, prudent and very much in line with the pension promise we have made to you for the long-term.
The plan review process provides the OMERS community with an opportunity to discuss and address the long-term challenges that can influence the plan’s sustainability. And, even in a year of unexpected events, we consider it our
duty to follow that process. Given the current global circumstances, the importance of maintaining focus and continuing the 2020 plan review process could not be more clear.
Over time, through stakeholder and member feedback, we have worked to bring more transparency to the annual plan review process. This includes the scheduling of forums and meetings and the launch of this dedicated communications
tool -- I encourage you to take a moment to explore it.
Protecting your OMERS Pension
The OMERS Sponsors Corporation (SC) Board is responsible for the health and viability of the Plan into the future and is considering...