OMERS definition

OMERS means the Ontario Municipal Employees Retirement Board.

Examples of OMERS in a sentence

  • When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Credited service on this basis will be years of service with the employer prior to their retirement and before and after enrolment of the member in OMERS, but not to exceed thirty-five (35) years.

  • The Ontario Municipal Employees' Retirement System (O.M.E.R.S.) Pension Plan shall be available to all full-time and part-time employees according to the terms and conditions of the plan.

  • As of January 1st, 2010, where an Employee transfers from another Corporate Department to the Quinte West Fire and Emergency Service, they shall retain City Full-time Service time for the purpose of determining short term disability benefits, vacation entitlement and OMERS pension benefits.

  • Each Firefighter shall be required to join the Ontario Municipal Employees Retirement System (OMERS) Basic Plan, Normal Retirement Age Sixty (60) and will be entitled to all the benefits set out by the plan.


More Definitions of OMERS

OMERS means OMERS Administration Corporation, acting in its capacity as administrator of the OMERS pension plans, which are registered under the Ontario Pension Benefits Act and as trustee of the pension funds related to such pension plans;
OMERS has the meaning set forth in the introductory paragraph.
OMERS means OCP LCF HOLDINGS INC.
OMERS means OMERS Capital Partners and the funds affiliated with OMERS Capital Partners that indirectly hold Interests in the Debtors, each of their respective co-investment funds and affiliates, and any Person or Entity that has a direct or indirect interest in any of the foregoing Persons or Entities.
OMERS means, together or individually, each of OMERS Administration Corporation (“OAC”) and one or more funds (including limited partnerships, corporations or trusts) formed by or on behalf ofOMERS Infrastructure Management Inc. for the purposes of ensuring OACʹs compliance with the Pensions Benefit Act (Ontario);
OMERS shall have the meaning set forth in Section 4.5.
OMERS has the meaning ascribed thereto in the second paragraph of this Agreement;