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Ontario cities warn against meddling with OMERS, saying it threatens pension security and stability.
Ontario municipalities are urging the provincial government to avoid interfering with OMERS, the public pension fund for municipal employees, warning that any disruption could jeopardize retirement benefits and financial stability.
The message, delivered through joint statements and advocacy efforts, emphasizes OMERS' strong performance and its critical role in funding pensions across the province.
Officials argue that maintaining the fund’s independence is essential to protecting long-term fiscal health and public trust.
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Las ciudades de Ontario advierten contra inmiscuirse en OMERS, diciendo que amenaza la seguridad y la estabilidad de las pensiones.