A positive step forward
SC Board reaches a decision on the Comprehensive Plan Review
Over the last year, OMERS Sponsors Corporation (SC) has been focused on the Comprehensive Plan Review. The overriding goal of the Review was to ensure – in light of our financial realities and longer-term challenges – that the Plan remains sustainable, meaningful and affordable for both members and employers for generations to come.
As previously communicated, the SC Board of Directors narrowed the range of potential Plan changes based on extensive financial modelling and direct feedback from sponsors and stakeholders. These proposed Plan changes were posted on the SC website – and communicated to employers, unions and members for further consultation.