OMERS
OMERS
OMERS, officially the Ontario Municipal Employees Retirement System, is a pension fund created by statute in 1962 to handle the retirement benefits of local government employees in the Canadian province of Ontario. It has become one of the largest institutional investors in Canada. Over the past 20 years approximately two-thirds of the capital added to the pension fund has been through investment returns, while about 1/3 has been added by contributions split evenly between employees and employers., OMERS has about 55 billion Canadian dollars' worth of net investment assets. OMERS represents 947 employers and almost 420,000 members, retirees and ...The above text is a snippet from Wikipedia: OMERS
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