Fellow Members,
In March, we provided a brief update and a link to a CUPE online petition to remind OMERS that we expect our representatives to vote against any measure which would end guaranteed indexing for our pensions (see the 28 March 2018 post on our website). OMERS retirement pension payments are currently indexed to rise with the cost of living.
While there is not much new to report, CBC News published an article 2 June 2018 to revive the story, which also captures CUPE’s position on this matter:
http://www.cbc.ca/news/canada/ottawa/omers-union-pension-change-1.4687768
Although OMERS has not announced any decisions or reported any changes to our pension, the CBC article does acknowledge that OMERS has been reviewing its benefits since September, and this is still a proposal on the table.
If CUPE Local 101 receives any new information or updates, we will continue to share it in this space.