• Thanks for stopping by. Logging in to a registered account will remove all generic ads. Please reach out with any questions or concerns.

Trudeau Popularity - or not (various polling, etc.)

Anyone public sector - federal, provincial, municipal - needs to watch this like a hawk. If the feds lose defined benefit pensions, no reason to think the provincial and municipal plans won’t look to go that way too. The federal defined benefit plans are the Helm’s Deep of DB pensions in Canada.
Not something retired OMERS members need worry about. Current and future 🤷‍♂️

Yup…never say never.
 
OMERS already started by making an adjustment to put a cap on their indexing formula. A small adjustment, but the camel’s nose is under the tent flap.

Something the unions representing active and future OMERS members to keep their eyes on.

Yup…never say never.

Yup...Never for retired OMERS members.

I've been an OMERS member for 52 years. Retired long time ago.

Retired OMERS members are reprented by the Municipal Retirees Organization of Ontario. ( MROO ).
 
Something the unions representing active and future OMERS members should keep their eyes on.



Yup...Never for retired OMERS members.

Okay, don’t say never…

I've been an OMERS member for 52 years. Retired long time ago.

If the Feds revert DB to DC including for existing annuitants, what makes you think a Province wouldn’t revert either?

Retired OMERS members enrol in Municipal Retirees Organization of Ontario. ( MROO ).

Sure, and Fed employees have NAFR…
 
If you want to argue about OMERS members - who are already pensioned - phone OMERS or MROO for an explanation...

I wouldn’t be so smug.

Your pension is underfunded…

IMG_5471.jpeg


Congratulations. You do NAFR. I'll do OMERS and MROO...

You seemed to imply that MROO was some kind of panacea to keep your underfunded pension’s benefits from being adjusted. I just added that for those federal annuitants appearing to be not so fortunate to be an OMERS annuitant, they had some proponency as well.
 
Last edited:
I hope he’s not bound by it… Every CAF member should hope that too. It says right in there that they want to move public sector pensions away from defined benefit to defined contribution. That’s a bad thing for CAF, PS, and RCMP.
There was a reason why when Australia moved to DC Pensions vice DB, the folks who were given the option didn’t take it.
 
Back
Top