On February 27, 2015, the OMERS Administration Corporation (OAC) announced that the 2014 OMERS investment return rate was 10.0% (net of investment expenses), exceeding the annual funding benchmark requirement of 6.5% (net). This represents a $7 billion gain for the fund for the year.

The 2014 return is a welcome improvement over the 2013 return rate of 6.0% (net) and seems to reflect the merit of shifting to a more conservative investment strategy. The returns contribute to a plan funding ratio improvement from 88.2% to 90.8%. This result means that the plan remains on track to return to full funding by 2025, if not sooner. The improved 2014 investment return result, in combination with the Primary Plan Funding Management Strategy approved by the Sponsors Corporation Board in 2014, are important developments in securing a financially stronger and more sustainable OMERS Plan through the longer term.

The 2014 investment return and the $3.7 billion in employer and employee contributions bring net Plan assets to $72 billion, up from $65 billion at the end of 2013 and reduce the Plan deficit from $8.3 billion at the end of 2013 to $7.1 billion.