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The Ontario Municipal Employees Retirement System [3] (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario.OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario.
City of Toronto workers on strike. The 2009 City of Toronto inside and outside workers strike (also known as the 2009 Toronto strike) was a legal strike action that was undertaken by the Toronto Civic Employees Union Local 416 and CUPE Local 79, two locals of the Canadian Union of Public Employees in the city of Toronto. It involved ...
The existing 1965 City Hall of Toronto became the city hall of the amalgamated city, while Metro Hall, the seat of the former Metro government, is used as municipal office space. The community councils (unique among Ontario's cities) of Etobicoke–York, North York and Scarborough meet in their respective pre-existing municipal buildings.
Employees of Toronto's public library system are reaching out to connect with seniors who may be feeling isolated and lonely during the COVID-19 pandemic.
The implication is that roughly 8,000 former employees are not now, nor will they in the future be, entitled to medical benefits. However, according to Barry E.Wadsworth, Associate Counsel Canadian Auto Workers representing unionized Nortel former employees, all individuals currently receiving a pension are in receipt of medical benefits. [3]
In 2020, $6.74 billion in benefits was paid to members. Ontario Teachers' is headquartered in Toronto, with regional offices in London, New York, Hong Kong, Singapore, and Mumbai. [11] Effective January 1, 2020, Jo Taylor succeeded Ron Mock as President and Chief Executive Officer. [12] The Chair of Ontario Teachers' is Steve McGirr. [13]
As a division of the City of Toronto, its annual funding level is established by a vote of Toronto City Council. In 2020, Council approved a budget of $271.191 million gross and $47.953 million net, with a staff complement of 2,435.2 positions. [1]
The TD Tower section was owned in entirety by the Ontario Municipal Employees Retirement System (OMERS) through its subsidiary Oxford Properties. [14] In late 2012 or early 2013, OMERS and an unconfirmed entity identified in news reports as the Public Sector Pension Investment Board (PSP) completed a swap transaction in which OMERS reduced its ...