Changes to the OMERS Primary Pension Plan
On June 24, following the 2020 Plan Review process, the OMERS Sponsors Corporation Board approved five amendments to the OMERS Primary Pension Plan:
- Extension of leave purchase deadlines
- Reduction or elimination of the 36-month employment requirement for purchases of periods of reduced pay
- Temporary layoffs permitted for purchasable service
- Non full-time expansion
- Shared-risk indexing
More information and answers to Frequently Asked Questions appear on the OMERS website.