OMERS definition

OMERS means, Ontario Municipal Employees Retirement System.

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OMERS means the Ontario Municipal Employees Retirement System.

OMERS means Ontario Municipal Employees Retirement Board, a corporation continued under the Ontario Municipal Employees Retirement System Act.

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.
For employees enrolled in the OMERS pension, the employer will deduct the employee and employer portion of pension premiums for the unpaid days and will remit same to OMERS.
The Board and the member shall make equal contributions to the O.M.E.R.S. Basic Pension Plan Benefit as prescribed under the O.M.E.R.S. Act and Regulations thereto.
The employer will transfer the retirement gratuity, or portion thereof, to an RRSP or OMERS AVC account based on appropriate documentation and forms, completed by the employee, from their financial institution.
Pension entitlement shall be in accordance with OMERS Regulations.

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 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 OCM IP Healthcare Holdings Limited.

OMERS means OCP LCF HOLDINGS INC.

OMERS means the OMERS Administration Corporation.

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 of OMERS Infrastructure Management Inc. for the purposes of ensuring OACʹs compliance with the Pensions Benefit Act (Ontario);