OMERS secures 8.3% net investment return in 2024

OMERS, the benefit pension plan for the broader municipal sector employees of Ontario, has secured 8.3% net investment return and $10.6bn net expenses in 2024. According to OMERS, these results mean that the plan exceeded its 7.5% benchmark for the year. In addition, the plan reported a smoothed funded status of 98%, up from 97% …