The Ontario Municipal Employees’ Retirement System earned a six per cent net investment return in 2025, generating $8.2 billion in net investment income, according to the investment organization’s latest financial report.
Read: OMERS returns 2.2% in first half of 2025, net assets reach $138.2 billion
It noted the OMERS increased its net assets to $145.2 billion and improved its funded status to 99 per cent. Over the past 10 years, the OMERS has averaged a 7.1 per cent annual net return, adding $73.9 billion to the plan, the report noted.
“OMERS performance in 2025 demonstrates the resilience of our plan amidst a turbulent market,” said Blake Hutcheson, president and chief executive officer, in a press release.
Six of seven asset classes delivered positive returns in 2025, led by public equities at 12.3 per cent and private credit at 8.3 per cent, while infrastructure returned six per cent and real estate rebounded at 5.1 per cent. Private equity posted a negative 2.5 per cent return amid continued market headwinds.
Read: How the OMERS is redefining risk management
The investment organization also reported a 65 per cent reduction in portfolio carbon emissions intensity relative to 2019 and $26 billion in green investments. The OMERS remains globally diversified, with 55 per cent of assets invested in the U.S., 18 per cent in Canada, 17 per cent in Europe and 10 per cent in Asia-Pacific and other regions.
The OMERS also paid $6.8 billion in pension benefits during the year and increased provisions by $2.2 billion to reflect longer life expectancies. A recent study by the Canadian Centre for Economic Analysis found OMERS’ 2025 activities in Ontario generated $15.3 billion in provincial GDP and supported more than 135,000 jobs.