On Tuesday, May 25 at 6:00pm, CUPE Ontario will hold an OMERS Town Hall and Convention Caucus on Zoom about the province-wide campaign to #FixOMERS.
This event is also functioning as the CUPE Ontario OMERS Convention Caucus. As is tradition, the caucus is open to all members of CUPE in Ontario who are also members of the OMERS plan—whether they are attending Convention or not.
Yesterday, we released a comprehensive and third-party verified report detailing the long-term underperformance of investments at the Ontario Municipal Employees Retirement System (OMERS) pension plan.
The report revealed OMERS’ underperforming investments, over a ten-year period, compared to other large defined benefit pension plans and funds while also revealing that OMERS has failed to meet its own internal benchmarks over that same period. Click here to learn more and take action.
The town hall will bring OMERS members together to discuss the report and talk about our next steps to save our pension plan.