Township of South Algonquin Human Resources, Administration & Public Relations Committee Agenda May 2024
OMERS Pension Contributions for Township Employees
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Description
South Algonquin contributed $98,680 to OMERS in 2023, providing defined pension benefits to municipal employees as part of its ongoing pension obligations.
Contract Details
Contract Amount
$98,680 (2023 contribution)
Vendor
ONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM (OMERS)
Agency
Township of South Algonquin, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
May 15, 2024
Contract Term
Annual contribution (2023)
Renewal Date
2024-12-31
Renewal Info
Annual ongoing statutory obligation; renewed yearly as required.
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