Recently, we were asked to clarify whether grid restoration payments, which were part of the recent OSSTF settlement, should be included in OMERS contributory earnings.
We have determined that a grid restoration remedy payment should not be included in a member's contributory earnings. The reason for this position is that this remedy is a one-time payment being made by the Government of Ontario.
- For pension purposes, compensation and taxable benefits included in a member’s pensionable or contributory earnings must comply with the OMERS Primary Pension Plan Text.
- If you have any doubt on what types of compensation and taxable benefits to deduct OMERS contributions from, see section 3 of the Employer Administration Manual for general principles and a list of common types of compensation to include in and exclude from contributory earnings.
- If you have further questions about contributory earnings, please check with OMERS Client Services.