omers annual report 2014

How We Are Invested Schedule 852.7 KB. Earnings Release 530.5 KB. The Ontario Municipal Employees’ Retirement System (OMERS) serves a total active and retired membership of over 360,000 and nearly 900 employers.. OSSTF/FEESO represents nearly 11,000 OMERS contributors and has a permanent seat on the Sponsorship Corporation. That increase comes on top of two adjustments paid in 2015: the first provided retired and deferred members with a one-time catch-up that brought pensions up to I will use information from the 2019 Annual Report but … 2014 Report 4.5 MB. 2017 OMERS Annual Report 4 2017 Highlights Our 2020 Strategy continues to serve us well as a roadmap, leading us to another year of strong results. participation in its fundraising and volunteer efforts for New York Cares. Now, before I go over the 2020 Annual Meeting webcast and share my thoughts, please go read my comment on OMERS 2019 results and take the time to read OMERS 2019 Annual Report which is available here. OMERS CEO Michael Latimer is shown in this undated handout photo. 2014 Report 4.5 MB. Annual Report 2013 Date: March 31, 2013. omers needs and . OMERS was established in 1962 as a pension plan for employees of municipal governments, school boards, libraries, police and fire services, Children’s Aid Societies, and other local agencies throughout Ontario. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? Earnings Release 530.5 KB. April 02, 2014; min read Earnings Release 1.1 MB. 2015 Annual Report 5 Chairs' Message increase at 100% of the consumer price index (CPI). Q2 2014 Report 3.1 MB. These reports provide an in-depth look at how we approach responsible investing, including our incorporation of environmental, social and governance (ESG) factors into investment decision-making processes, active ownership (through proxy voting and engagement) and disclosure. We are OMERS, the Ontario Municipal Employees Retirement System. OMERS needs to earn a long-term 6.5-per-cent annualized return on its investments to meet its pension obligations. MEPCO’s Board has been concerned about growing contribution rates. 2012 Annual Report 2.6 MB. "Given that I've come in on April 1 of last year, we have an opportunity to take a view of our strategy, and so we're doing that with our board," Mr. Latimer said. OMERS says that 2014 results beat its benchmark of 7.7 per cent. Caisse eyes ‘substantial infrastructure opportunities’ in the U.S. “PBGC’s two insurance programs are in dramatically different financial positions,” PBGC Director Gordon Hartogensis wrote in the agency’s annual report. The plan is now 90.8 per cent funded, up from 88.2 per cent a year earlier. Annual Reports 2019 Annual Report 1.4 MB. OMERS did not detail the results for the new portfolio in 2014, but the fund said its $41-billion capital markets portfolio in total earned returns of 10.7 per cent for the year. "I think once we establish that road map … we will put the pin in the map, and we'll be focused.". For more information, please read our. ed and . o . This article was published more than 5 years ago. The strategy is aimed at reducing public market investments such as stocks and plain-vanilla bonds, replacing them with a lower-risk portfolio with holdings such as inflation-linked bonds and commodities, reducing the risk of losses from major market crashes. Legal. How We Are Invested Schedule 690 KB. Privacy Policy We are the defined benefit pension plan for approximately 461,000 active, deferred and retired employees from nearly 1,000 municipalities, school boards, libraries, police and fire Size: 3.6 MB. By Kara Murphy, Karan Singh, Franz-Robert Klingan, Joshua Weisbrod, Nirad Jain. More reporting will be provided in the Annual Report and the Report to Members available online March 18th, 2014). 2014 Annual Information Form 485.7 KB. We aim to have all comments reviewed in a timely manner. Welcome to The Globe and Mail’s comment community. Member Gilmore made a motion to approve the print production and distribution of the 2013 OMERS Annual Report, second by member Hill. 2014 annual financial report Prepared by the Corporate Finance Division, Finance Department and the Communications Division, Service Innovation, Past Annual Reports downloads - 2018 annual report, 2016 annual report, 2015 annual report, report to members, report to employers, 2018 Annual Report (PDF) 2017 Annual Report (PDF) 2016 Annual Report (PDF) 2015 Annual Report (PDF) 2014 Annual Report (PDF) 2013 Annual Report (PDF) 2012 Annual Report (PDF) 2011 Annual Report (PDF) 2010 Annual Report (PDF) 2009 Annual Report (PDF) 2008 Annual Report (PDF) 2007 Annual Report (PDF) 2006 Annual Report (PDF) 2005 Annual Report (PDF) We aim to create a safe and valuable space for discussion and debate. It has become one of the largest institutional investors in Canada. "We've got more appetite for infrastructure. The Ontario Municipal Employees Retirement System reported its assets climbed to $72-billion in 2014, up from $65-billion at the end of 2013. Member Gilmore made a motion to approve the print production and distribution of the 2013 OMERS Annual Report, second by member Hill. Within a few years, Mr. Latimer intends to reduce that to about 53 per cent. In 2014, OMERS sent two teams to PS 677 K. in East New York, which serves over 500 elementary school students. $ 494 million CAD turnover +140 laboratories including one reference national laboratory (associated to the National Metrology Institute of Denmark) +125 customer satellites +3 700 employees. The fund's 10-per-cent return for 2014 is an improvement from 6.5 per cent earned in 2013, when OMERS introduced a new investment strategy that lost money. Figures are annual and are in CAD as at December 31, 2019. ... • Victory at the PAS 2014 Awards for 3 categories 2013 Annual Report The “discount rate” is the interest rate used to estimate the dollar value of OMERS long-term pension obligations. The Ontario Municipal Employees’ Retirement System (OMERS) serves a total active and retired membership of over 360,000 and nearly 900 employers.. OSSTF/FEESO represents nearly 11,000 OMERS contributors and has a permanent seat on the Sponsorship Corporation. © Copyright 2020 The Globe and Mail Inc. All rights reserved. As a result, all current and deferred pensions will increase by 1.61%, effective April 1, 2016. OMERS grew net assets by $2.6 billion last year, but 12.7 per cent return fell short of target. OMERS 2013 Results & Annual Report You already received the press release on the 2013 results. If you are looking to give feedback on our new site, please send it along to, To view this site properly, enable cookies in your browser. 5. This is a space where subscribers can engage with each other and Globe staff. 01/29/2013. Follow topics and authors relevant to your reading interests. Earnings Release 272.8 KB. Earnings Release 1.1 MB. 2019 Funded Status Reports. 2014 Annual Information Form 485.7 KB. OMERS, which manages assets for 450,000 Ontario employees and retirees, has faced a significant funding shortfall since the financial crisis in 2008 when it reported a 15-per-cent loss that cost the fund $8-billion. ©2020 Omeros Corporation, All rights reserved. Provide a description of the 4% of public sector pension plans which are Defined Contribution (DC) (as mentioned in the report) in comparison to our pension plans Defined Benefit (DB). Q2 2014 Report 3.1 MB. If you continue to browse this site, you will accept our use of cookies. “It remains clear that legislative reform is necessary to avert insolvency and PBGC continues to provide technical support to policymakers, stakeholders, and plan sponsors.” 2014 Annual Report 3.5 MB. The New York office of this Canadian- based pension fund has achieved 100%. Deferred pensions will increase by 1.61 %, effective April 1, 2016 billion year. Browse this site, you will accept our use of cookies Corporation PSAB Public Sector Board... In Canada KASAINE – Y / RUBY – ABSENT / Hill – Y / RUBY ABSENT... News Release 4th quarter fiscal 2014 2nd quarter fiscal 2014 3rd quarter fiscal 2nd! In order for us to improve the website like the stable cash flows that infrastructure provides to terms! Like to write a letter to the editor, please forward it to letters @ globeandmail.com manner... Are developing a 2030 Strategy that will omers annual report 2014 us for the challenges we.... 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