2020 OMERS Report

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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

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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.

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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

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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

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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

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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

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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

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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