10.3% Return for OMERS
Return exceeds benchmark and 2015 numbers
BY Caroline Cakebread | February 25, 2017
The Ontario Municipal Employees Retirement System achieved a 10.3% return in 2016 according to its financial statements – a number that ticks its funded status up to 93.4%.
The return exceeds the OMERS’ benchmark of 7.9% and its 2015 returns of 6.7%. Total assets for the plan now stand at $85.2 billion.