Stay updated with breaking news from ஃப்ரெட் ஹான். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"Invoking the Notwithstanding Clause to Overturn a Court Decision Is an Extreme and Unjustified Move": CUPE Ontario streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Fort Frances, ON, Canada / 93.1 The Border May 19, 2021 | 8:29 PM The Canadian Union of Public Employees (CUPE) wants an investigation into the Ontario Municipal Employees Retirement System (OMERS). Fred Hahn is the president of CUPE Ontario and says OMERS saw losses of 2.7 per-cent last year. “2.7 per-cent represents around $3 billion lost,” says Hahn, “When you look at what OMERS is expected to return, the problem is even greater. OMERS anticipated a return of 6.9 per-cent in 2020.” He explains that they want to know why. “We’ve been worried that 2020 might be a bad year for returns, but we were shocked at how bad. In 2020, OMERS returned -2.7 per-cent. No other comparable pension plans had a negative return in 2020.” ....
Article content The Canadian Union of Public Employees is calling for an urgent “full and independent review” of their “underperforming” Ontario Municipal Employees Retirement System (OMERS) pension plan. CUPE Ontario president Fred Hahn held a virtual press conference to address the issue and release the report, titled Not Just One ‘Tough Year’: The Need for a Review of OMERS Investment Performance. We apologize, but this video has failed to load. Try refreshing your browser. CUPE calls for independent review of OMERS pension plan Back to video The report examines how OMERS investments have performed compared to other large pension plans and funds. It also reveals how OMERS has underperformed compared to its own internal benchmarks. ....
CUPE report calls for third-party review, alleges underperformance by pension fund manager OMERS theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
CUPE calls for independent review of OMERS pension plan saultstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saultstar.com Daily Mail and Mail on Sunday newspapers.