Return exceeds benchmark and 2015 numbers
The Ontario Municipal Employees Retirement System achieved a 10.3% return in 2016 according to its financial statements – a number that ticks its funded status up to 93.4%.
The return exceeds the OMERS’ benchmark of 7.9% and its 2015 returns of 6.7%. Total assets for the plan now stand at $85.2 billion.
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Roughly half of U.S. employees say rising costs (49 per cent) and recent financial crises (46 per cent) have caused them to reduce or stop...