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OMERS belongs to plan members – and we deserve to know details of what is being debated and being voted on by the OMERS Sponsors Corporation Board of Directors on June 24th. Close. Il est injuste de modifier les dispositions sur la retraite anticipée pour les personnes qui auront atteint l’âge de 55 ans après le 1er janvier 2021 et qui ne sont plus admissibles à une pension non réduite jusqu’à que le « facteur 90 » ou la pension des « 30 ans de service » à l’âge de 60 ans s’applique à elles. Enhanced Part Time enrollment did not pass. OMERS is one of the country's largest defined-benefit pension plans. 15. While we do anticipate high volatility over the coming days and weeks, we are prepared and highly focused on … - Remplacer la garantie d’indexation des prestations de retraite selon l’inflation par une « indexation conditionnelle » seulement lorsque le régime est capitalisé à plus de 105 %; While we do anticipate high volatility over the coming days and weeks, we are prepared and highly focused on … There are a number of changes that are coming to OMERS in the next couple of years. It notes OMERS remains the only pension plan in Ontario in which the government plays the sponsor’s role without being a direct contributor to the plan. As well as instituting a complicated governance arrangement, Bill 206 also requires establishment of supplemental plans for police, firefighters and paramedics, who would then be entitled to better pensions than members of the basic … Politique sur les renseignements confidentiels. Présentement, en tant que bénéficiaire du régime d’OMERS, je peux prendre ma retraite plus tôt sans aucune réduction de ma pension mensuelle ni sanction si j’ai travaillé pendant 30 ans ou plus, ou si le « facteur 90 » s’applique à ma situation, c’est-à-dire que mon âge et mes années de service aux fins du régime totalisent 90. - Remplacer la garantie d’indexation des prestations de retraite selon l’inflation par une « indexation conditionnelle » seulement lorsque le régime est capitalisé à plus de 105 %; 15 votes, 12 comments. Si vous souhaitez apporter un appui supplémentaire, veuillez cocher les cases ci-dessous. La règle de pension des « 30 ans de service » est un élément crucial de mon plan de retraite et m’a permis d’établir l’âge auquel il serait avantageux pour moi de prendre ma retraite. 15. For example, last year the price of goods and services went up by 1.89%, so OMERS pensions increased by 1.89% as of January 1, 2020. Votre soutien est nécessaire pour dire au conseil d’administration de protéger notre régime de pension. Pourtant, alors que les taux d’intérêt au Canada augmentent, OMERS a décidé de réduire le taux d’actualisation réel utilisé dans le régime à 3,75 % par rapport au taux de 4,25 % utilisé en 2015. Share on twitter. WHAT YOU CAN DO: Visit our website www.ouromers.ca and tell the OMERS SC Board to Keep Their Promise and vote NO to Shared Risk Indexing. OMERS is deindexing their pension plan in the future. Ce n’est ni juste ni équitable. OMERS’ current system of guaranteed indexation means workers can enjoy a guarantee that their pension will stay consistent throughout their retirement. Je vous exhorte, en votre qualité de présidents, en collaboration avec tous les représentants et représentantes du conseil d’administration, de ne pas procéder à la mise en œuvre des changements proposés aux dispositions sur la retraite anticipée. - Réduire les taux d’accumulation des prestations de retraite, ralentissant la croissance de la pension; Unfortunately, CUPE Ontario has been informed OMERS still plans to go ahead with the vote in June despite the unprecedented public health crisis that is confronting, and rightfully, fully occupying us all. TO: Tous les membres d’OMERS. Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. Log In Sign Up. The voices of OMERS members need to be heard and respected. If you enroll in the MROO Health Insurance Plan before you pay the $25 membership fee, we'll waive the fee. The OMERS Board has voted to de-index our pensions! Je comprends aussi qu’OMERS envisage activement d’exiger que les bénéficiaires du régime attendent jusqu’à ce qu’ils soient à moins de 5 ans de l’âge normal de la retraite de 65 ans (ou 60 ans plutôt que 55 ans) avant de faire une demande de retraite anticipée sans réduction. We know if this vote goes ahead on November 14 th and the governance changes pass, it will make it easier for OMERS to cut benefits like pension inflation protection (indexing) and early retirement. Je comprends qu’OMERS envisage également de remplacer la garantie d’indexation selon l’inflation par une indexation conditionnelle au service futur, soit conditionnelle à la capitalisation du régime, ou seulement lorsque le régime d’OMERS est entièrement capitalisé à plus de 105 % ET que l’indexation offerte n’entraîne pas une capitalisation intégrale du régime inférieure à 105 %. And municipal workers in communities across Ontario – including the people who take care of us right here in Ottawa – are counting on their pension plan, OMERS, for the promise of a secure retirement. La proposition d’« indexation à risque partagé » a été adoptée. Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. This means that for service worked after December 31, 2022, annual indexing for that portion of your OMERS pension could be reduced or even eliminated. Especially if they say the … Press J to jump to the feed. It has 100% guaranteed indexing, which means retirees are guaranteed cost of living raises every year. This means that for service worked after December 31, 2022, annual indexing for that portion of your OMERS pension could be reduced or even eliminated. Of the 6 proposals that were being considered, two were approved by the OMERS SC board. L’âge de ma retraite a été déterminé au cours des dernières années en fonction des cotisations que j’ai versées à OMERS et des prestations que le régime a promises. March 31, 2020 - 4:25 pm Notice; Ontario Municipal Employees Retirement System [OMERS], Pensions, Pensions and Benefits; Share on facebook . If approved by a two-thirds majority of the SC board, pension benefits for members earned after Dec. 31, 2022, may not grow as fast as inflation under certain circumstances. OMERS: Vote to Protect My Pension OMERS is one of the country's largest defined-benefit pension plans. OPSEU helps drive defeat of 'unnecessary' OMERS pension changes News provided by. Le taux d’actualisation réel aura été réduit de 50 points de base en seulement 10 ans, engendrant une valeur actuelle par ailleurs supérieure des futures obligations de retraite. Working people need pensions. Le SEFPO encourage OMERS à reporter un vote crucial. Nonetheless concerned insiders want to get the date of this meeting out to OMERS members. With a conditional … Instead, employer risk is shifted on to Plan members like me, who bear the full risk and consequences of cuts to our pension … Changes to the pensions overseen by OMERS are considered annually, but this year’s proposal to reduce the “multiplier” rate at which workers rack up retirement payouts — to 1.85% from 2% — is “more drastic,” according to Simon Archer, a pension specialist at law firm Koskie Minsky LLP in Toronto. À tous les dirigeants et dirigeantes de sociétés de promotion du régime d’OMERS. OMERS plan members on the front lines of the COVID-19 pandemic shouldn’t have to worry about their future pension benefits being cut. OMERS SC board. Afin de protéger les travailleuses et travailleurs qui approchent de la retraite et de continuer d’assurer des prestations de retraite maximales à tous les bénéficiaires du régime, nous devons demander au conseil d’administration de voter CONTRE ces changements. OMERS : Un vote pour protéger ma pension Le régime d’OMERS est l’un des plus importants régimes de retraite à prestations déterminées du pays. Mise à jour importante relativement au vote sur les changements proposés à OMERS. It is OUR pension plan, and it is your role to represent workers. RE: Mise à jour importante relativement au vote sur les changements proposés à OMERS. 15 votes, 12 comments. At the upcoming meeting of the OMERS Board of Directors, changes to the pension plan will be voted on. Le SEFPO encourage OMERS à reporter un vote crucial. The referendum that led to this decision was announced over a year ago. La valeur réelle de ma pension mensuelle ultérieure d’OMERS est essentielle à mon sentiment de sécurité et à ma capacité de maintenir mes conditions de vie à la retraite. But OMERS has broken that promise by making sweeping changes to pensions. This means that for service worked after December 31, 2022, annual indexing for that portion of your OMERS pension could be reduced or even eliminated. Click here for a NEW Myth Buster Document where we unpack some of the “spin” that is being used by some to disguise the very worst parts of this proposal … The intent of the Comprehensive Plan Review is to ensure – in light of financial, social, economic, and demographic trends and challenges – that the Plans remain sustainable, meaningful, and affordable for members and related stakeholders. Share on twitter. The result was 50% plus one in favour of the changes, a thin majority that fell short of the two-third majority required to make changes to the OMERS pension plan. Afin de protéger les travailleuses et travailleurs qui approchent de la retraite et de continuer d’assurer des prestations de retraite maximales à tous les bénéficiaires du régime, nous devons demander au conseil d’administration de voter CONTRE ces changements. As such, the OMERS SC Board of Directors is made up of half worker representatives and half employer representatives. UPDATE ON OMERS SC PROPOSED PLAN CHANGES The OMERS Sponsor’s Corporation Board of Directors (SC) will be meeting on November 15th at OMERS to secretly consider five proposed plan changes. 31 mars 2020 16 h 25 Avis; Ontario Municipal Employees Retirement System [OMERS], Pensions, Pensions and Benefits; Share on facebook. Share this article. Share on email. When you’re ready to retire we use a formula that includes your earnings and years of credited service in the OMERS Primary Plan (the … Removing the 35-year service cap and the ability for Paramedics to negotiate into the NRA 60 pension plan. 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