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FINANCIAL_SERVICESONGOING

Town of Caledon AgendaPacket 2025 Audited Financial Statements 2026-06-01

OMERS continues as Caledon’s pension service provider

Town of CaledonONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM (OMERS)June 1, 2026

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Derivita logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
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Description

The Ontario Municipal Employees Retirement System (OMERS) continues to administer pension benefits for Town of Caledon employees under a multi-employer defined benefit plan. The plan’s December 31, 2025 valuation shows a modest funding deficit at the plan level, with the Town contributing as a member employer.

Contract Details

Vendor

ONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM (OMERS)

Agency

Town of Caledon, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

June 1, 2026

Contract Term

Ongoing participation as of the latest actuarial valuation at December 31, 2025

Renewal Info

OMERS provides ongoing services with no fixed contractual end date; there is no specific renewal date stated.

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