OMERS Administration Corporation

What OMERS Administration Corporation does

OMERS Administration Corporation is the plan administrator and investment manager for the OMERS Pension Plan, one of Canada's largest defined benefit pension plans, established in 1962 and restructured under the OMERS Act, 2006. The organization administers retirement, survivor, and disability benefits for over 500,000 active, deferred, and retired Ontario municipal employees — including staff of municipalities, school boards, emergency services, children's aid societies, and electricity distribution utilities. The core product suite comprises the OMERS Primary Pension Plan, the Supplemental Pension Plan for police, firefighters, and paramedics, and the Retirement Compensation Arrangement (RCA) for members whose earnings exceed registered plan limits. Members interact with the plan primarily through the myOMERS secure online portal and a member experience contact center.

The underlying technology stack consists of pension administration platforms and investment management systems supporting a globally diversified investment portfolio. OMERS operates investment offices in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, and Sydney, and holds wholly-owned operating subsidiaries including Oxford Properties (real estate investment and development) and the OMERS Private Investing Portfolio. The business model is funded through regular contributions from both members and participating employers, with contribution rates set by the OMERS Sponsors Corporation (currently being wound up under a Minister's Order following 2025 legislative reforms via Bill 68). Plan governance is shared between the Administration Corporation (AC), responsible for investments and administration, and the Sponsors Corporation (SC), historically responsible for plan design, benefits, and contributions.

Name

OMERS Administration Corporation

Legal name

OMERS Administration Corporation

Website

https://omers.com

Company type

Private

Founded year

1962

Operating status

Operating

Short description

OMERS Administration Corporation is the administrator and investment manager of one of Canada's largest defined benefit pension plans, serving over 500,000 active, deferred, and retired Ontario municipal employees through a globally diversified investment portfolio.

Ownership category

akta.pro rank

Product category

Defined Benefit Pension Plan Administration

NAICS

Pension Funds (525110), Insurance and Employee Benefit Funds (5251)

akta.pro primary industry

Pensions & Retirement Benefits Administration (BPAIAKAA)

akta.pro secondary industries

Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK), Employee Benefit & Retirement Plan Trust Services (FSAAANAC)

Keywords

• Defined benefit pension
• Pension plan administration
• Retirement income benefits
• Public sector pensions
• Investment management

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pension Contributions: OMERS collects contributions from both participating employers and plan members. Members and employers make regular contributions to fund the defined benefit pension plan. Contribution rates are set by the Sponsors Corporation and have been adjusted effective January 1, 2027 per recent by-law approvals.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

OMERS Administration Corporation administers defined benefit pension plans for Ontario municipal employees, providing retirement, survivor, and disability benefits to over 500,000 active, deferred, and retired members. The organization collects contributions from participating employers and plan members, invests a globally diversified portfolio of high-quality assets, and pays lifetime pension benefits with annual inflation adjustments. Members access their accounts through the myOMERS secure portal and the Member Experience Contact Center.

Product overview

OMERS Administration Corporation administers a suite of defined benefit pension plans for Ontario municipal employees. The core offerings consist of the OMERS Primary Pension Plan (the main plan), the OMERS Supplemental Pension Plan for emergency services personnel, and the OMERS Retirement Compensation Arrangement for high-income members. Members interact with OMERS through the myOMERS online portal, which provides secure access to pension information and self-service capabilities. The organization is not structured as a software product company but rather as a pension plan administrator governed by the OMERS Act, 2006.

Differentiator

Problem solved

Functional benefit

Brands

• Oxford Properties: Real estate investment and development subsidiary of OMERS
• OMERS Private Investing Portfolio

Products and services

• OMERS Primary Pension Plan
• OMERS Supplemental Pension Plan
• OMERS Retirement Compensation Arrangement (RCA)
• myOMERS

Quantifiable outcome

• Over 500,000 members served across active, deferred, and retired categories

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core.

• Association of Municipalities of Ontario (AMO)coreStrategic or Co-development PartnerEmployer sponsor organization representing municipal employers in OMERS governance. AMO nominates directors to the Sponsors Corporation Board and represents employer interests in plan governance.
• City of TorontocoreStrategic or Co-development PartnerMajor municipal employer sponsor participating in OMERS with significant representation in plan governance through Board nominations.
• Ontario Catholic School Trustees' Association (OCSTA)coreStrategic or Co-development PartnerEmployer sponsor representing Catholic school boards in OMERS governance, collaborating with OPSBA on Board nominations.
• Ontario Public School Boards' Association (OPSBA)coreStrategic or Co-development PartnerEmployer sponsor representing public school boards in OMERS governance, collaborating with OCSTA on Board nominations.
• Ontario Association of Children's Aid Societies (OACAS)coreStrategic or Co-development PartnerEmployer sponsor representing children's aid societies in OMERS governance with Board nomination rights.
• Electricity Distributors Association (EDA)coreStrategic or Co-development PartnerEmployer sponsor representing electricity distribution utilities in OMERS governance.
• Police Governance Ontario (PGO)coreStrategic or Co-development PartnerEmployer sponsor representing police services boards in OMERS governance.
• Canadian Union of Public Employees (CUPE Ontario)coreStrategic or Co-development PartnerEmployee sponsor organization representing CUPE members in OMERS governance with Board nomination rights.
• Ontario Professional Fire Fighters Association (OPFFA)coreStrategic or Co-development PartnerEmployee sponsor representing professional firefighters in OMERS governance.
• Ontario Public Service Employees Union (OPSEU)coreStrategic or Co-development PartnerEmployee sponsor representing OPSEU members in OMERS governance.
• Ontario Secondary School Teachers' Federation (OSSTF)coreStrategic or Co-development PartnerEmployee sponsor representing secondary school teachers in OMERS governance.
• Police Association of Ontario (PAO)coreStrategic or Co-development PartnerEmployee sponsor representing police officers in OMERS governance.
• Retiree Group (ORFFA, PPAO, MROO)coreStrategic or Co-development PartnerCollective retiree sponsor organization representing retired members through ORFFA (firefighters), PPAO (police), and MROO (municipal retirees) in OMERS governance.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• British Columbia Investment Management Corporation (BCI): BCI invests on behalf of British Columbia's public sector pension plans, with a comparable provincial public-sector client base and global multi-asset investment platform to OMERS.
• Caisse de dépôt et placement du Québec (CDPQ): CDPQ manages the pension and insurance funds of Québec public-sector workers, with a comparable defined-benefit mandate and large global investment portfolio similar to OMERS.
• PSP Investments: PSP manages pension assets for Canadian federal public service, Forces, and Royal Canadian Mounted Police personnel, sharing a defined benefit public-sector pension mandate with OMERS.
• Ontario Teachers' Pension Plan Board (OTPP): OTPP administers a defined benefit pension plan for Ontario's teachers, sharing the same Ontario public-sector client base and benefit-plan administration model as OMERS.
• Healthcare of Ontario Pension Plan (HOOPP): HOOPP administers a multi-employer defined benefit pension plan for Ontario's healthcare workers, with an analogous jointly sponsored governance and benefit administration structure to OMERS.
• Canada Pension Plan Investment Board (CPPIB): CPPIB invests the assets of the Canada Pension Plan on behalf of Canadian workers and retirees, making it a direct comparable to OMERS in scale, mandate, and asset class diversification.

Broad incumbents

• New York State Common Retirement Fund: The NY State Common Retirement Fund is a large U.S. public-sector defined benefit pension fund administering retirement benefits for New York public employees, sharing OMERS' public-sector DB mandate and institutional investing model.
• AustralianSuper: AustralianSuper is one of Australia's largest superannuation funds, comparable to OMERS in scale, member base, and diversified multi-asset investment approach.
• CalPERS: CalPERS is the largest U.S. public pension fund, administering defined benefits for California public employees with a comparable global investment footprint and policy-driven governance model to OMERS.

Regional players

• Investment Management Corporation of Ontario (IMCO): IMCO manages investments for Ontario broader public sector clients and the Workplace Safety and Insurance Board, operating in the same Ontario public-sector pension and investment ecosystem as OMERS.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OMERSpensionplan
• LinkedInlinkedin.com/company/omers
• Instagraminstagram.com/weareomers

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OMERS Administration Corporation