“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 … Read More
Job Related Illness/City of Toronto/OMERS Contacts
Below is the contact information for the City of Toronto and OMERS. Please note – in the event of a Retired Toronto Fire Fighters passing the estate/executor should contact the City to see if there are any entitlements owed (eg. life insurance). If the death is job-related the Estate/Executor should also contact the Toronto Professional Fire Fighters Association WSIB Committee … Read More
2020 OMERS Report
OMERS Reports 2020 Financial Results After seeing an 11.9% net return in 2019, Covid-19 has brought that crashing into negative territory for 2020… “The effects of the global COVID-19 pandemic negatively impacted our portfolio in 2020, particularly our business- and consumer-facing investments, contributing to an investment return net of expenses of -2.7% for the year. Widespread lockdowns in investments that … Read More
MROO Travel Insurance
MROO Annual Travel Insurancenow includes coverage for COVID-19 MROO Travel Insurance now includes coverage for Covid-19 related conditions or losses. Retroactive to January 15th. “We are pleased to announce that the MROO AnnualTravel Insurance plan now includes emergency medicalcoverage for conditions or losses that are related toCOVID-19, even while a travel advisory related to COVID19 is in effect. This change … Read More
Benefits – What to expect at 65.
Your Benefits – What to expect when you turn 65. When you turn 65 you will move from the benfits you know to the Health Care spending Account. To insure everything transitions smoothly there are a few things everyone should be aware of as they approach their 65th Birthday. All of which can be done a month or two before … Read More
Victor Open Enrollment
MROO’s ( www.mroo.org ) insurance program partner, Victor, is holding an open enrollment for a limited time. Open Enrollment from Sept. 1 to Oct. 31, 2020. During this time-limited enrollment period, if you are between the ages of 50 and 75, acceptance is guaranteed when you apply for health, dental, RecoverEase and annual travel insurance plans. There are no medical questions to answer! Get your … Read More
MROO Retiree Benefits – Victor
Now that we are well into this COVID thing I’m sure many are wondering if any relief will come from with regards to the travel insurance premium. This link will take you to an update on travel insurance from VICTOR (MROO) and questions asked by many who are members. The following is what they have to say with regard to … Read More
OPFFA – OMERS Update
Recently there was a virtual meeting regarding changes being considered for OMERS. We are sharing it here for those who may not have had access or receive correspondence from the OPFFA but are OMERS members. FROM THE OPFFA… We want to bring to your attention some important information about your OMERS plan. Please click here to access an OPFFA OMERS … Read More
REMINDER – OPFFA Webinar – OMERS Plan Changes
UNION NOTICE: #20-087 Friday, May 1, 2020 Subject: OPFFA Webinar – OMERS Plan Changes You are invited to a Zoom webinar with TPFFA President and OPFFA OMERS Representative Frank Ramagnano on OMERS Shared Risk Indexing. OMERS Sponsors Corporation is solely responsible for determining benefit levels and contribution rates for the Plans and setting compensation levels and appointment protocols for both the SC … Read More
Benefit Concerns
During both of our last two General Meetings there have been discussions on Green Sheild Canada (GSC) and the problems that have been encountered since the switch to GSC by the City. During the presentation we were advised 3888 was prepared to assist the retirees where they can. |To that end if you have GSC Benefits or are 65 AND … Read More