Common use of OMERS Pension Clause in Contracts

OMERS Pension. Every employee shall join the Ontario Municipal Employees Retirement System at commencement of employment. The employer and the employee shall make contributions in accordance with the provisions of the Act. It is understood that any period of suspension without pay shall be deemed an approved leave of absence for OMERS pension purposes. Should the employee elect to purchase any portion of that period as credited service, the employee shall be responsible for both the employee and employer’s OMERS contributions for such period.