Ontario Municipal Employees Retirement System

Ontario Municipal Employees Retirement System

April 26, 2007 10:30 ET

OMERS Releases 2006 Annual Report

TORONTO, ONTARIO--(CCNMatthews - April 26, 2007) - OMERS released its 2006 Annual Report today with details of its financial performance. The total fund return was 16.4 per cent in 2006, a top quartile performance that exceeded its benchmark return of 13.7 per cent. The Fund earned net investment income of $6.5 billion, compared with $5.5 billion in 2005.

The publication of the report follows the release of the Fund's 2006 financial results on February 26, 2007. The 2006 Annual Report contains details of member services, management's discussion and analysis, governance practices and consolidated financial statements and notes.

OMERS provides retirement benefits to about 372,000 active and retired members on behalf of 900 local public sector employers across Ontario. The report is available on OMERS website at www.omers.com.

Contact Information

  • Ontario Municipal Employees Retirement System
    Debbie Oakley
    Senior Vice-President, Corporate Affairs
    (416) 369-2402
    Website: www.omers.com