OMERS 2022 COL Increase

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“OMERS announced that pensions will increase by 2.74% as of January 1, 2022. This increase is reflective of general changes in the cost of living measured by the Consumer Price Index and published by Statistics Canada.

OMERS inflation protection increases retirement, disability and survivor pensions accordingly. Therefore, members whose pensions began in 2021 (prior to December) will receive a pro-rated increase. Members whose pensions begin in December 2021 will be eligible to receive their first increase on January 1, 2023.”