City of Dryden Open Meeting of Council Agenda Packet 2026-01-26
City Contributes to OMERS Pension Plan in 2024
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Description
The City of Dryden continues as an employer member of the OMERS pension plan, contributing $680,827 in 2024 toward employee retirement benefits. OMERS provides defined benefit pensions for municipal staff.
Contract Details
Contract Amount
$680,827 contributions in 2024
Vendor
ONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM
Agency
City of Dryden, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
January 26, 2026
Contract Term
Ongoing participation as an employer member
Renewal Info
Participation in OMERS is ongoing with no specific renewal date; contribution rates and requirements are subject to OMERS governance.
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