OMERS delivered a 6% net investment return in 2025, generating $8.2 billion in net investment income and increasing total net assets to $145.2 billion, according to its annual results. The pension fund's smoothed funded status improved to 99%, up from 98% in 2024, using a 3.70% real discount rate. Over the past decade, OMERS has achieved a 7.1% average annual net return.

Performance was driven by strong public market results, with public equities returning 12.3% for the year, marking a third consecutive year of double-digit gains. Private credit delivered 8.3%, infrastructure 6.0%, and real estate rebounded with a 5.1% gain following several challenging years. However, private equity returned -2.5% amid subdued deal activity and valuation pressure, as the fund acknowledged continued headwinds in the asset class.

Chief Executive Blake Hutcheson said the results demonstrate the resilience of the plan amidst turbulent markets, while Chief Financial and Strategy Officer Jonathan Simmons noted six out of seven investment asset classes delivered positive returns. Currency volatility weighed on results, with US dollar depreciation reducing returns by 1.3%, though active hedging protected 70 basis points. The fund also strengthened provisions by $2.2 billion to reflect longer life expectancies and reported a 65% reduction in portfolio carbon emissions intensity relative to 2019.