ATTRACT THE BEST PEOPLE

For employers, offering HOOPP helps to attract and retain the best healthcare workers available to join your team.

You pride yourself on delivering quality healthcare and your people are the key ingredient. Becoming a HOOPP employer enables you to provide a valuable benefit in order to help you attract and retain the staff that you and your organization need.

Healthcare workers often move from one job to another over the length of their career. Offering the HOOPP defined benefit pension plan can play a key role in an employee’s decision to join one organization over another.

More than 370 healthcare organizations choose to offer HOOPP, which means that if a healthcare worker’s career takes them from one HOOPP employer to another, their HOOPP pension can continue to grow.

When you join HOOPP, you’re offering your employees:

• A lifetime retirement income, based on what they earn and how long they’ve been contributing to the Plan
• The option of retiring early
• Inflation protection
• Portability - the ability to transfer accrued benefits to or from other pension plans to increase their pension as well as the ability to build the HOOPP pension at every employer that offers HOOPP
• Disability and survivor benefit provisions

One of the Most Respected Defined Benefit Plans in Canada

HOOPP is the leading pension provider for Ontario’s healthcare community and one of the most respected defined benefit plans in Canada. Responsible for managing all aspects of the Plan, HOOPP delivers on the pension promise to our members.

Through a combination of service excellence and world-class investment strategies, HOOPP has delivered on its pension promise to Ontario’s healthcare workers for over half a century.

» Service and Support for Employers
» The Advantages of a Defined Benefit Plan  

A Strategy that Promotes Growth and Security

Offering HOOPP as an incentive to attract and retain the best and brightest employees is an important part of your human resources management strategy.

After 25 years of HOOPP membership, a retiring member can expect an annual pension – once government pensions are factored in – equal to about half of their pre-retirement earnings. Your HOOPP pension and other government pensions can provide adequate income, and independence, in retirement.

Coverage with Depth and Breadth

While HOOPP has provided the pension for nearly all of the hospitals in Ontario for more than 50 years, more than half of its participating employers are other health-related organizations, such as:

• Family Health Teams
• Community Health Centres
• Nurse-Practitioner-Led Clinics
• Aboriginal Community Health Centres
• Food services and laundry services organizations

If you are connected to the healthcare system and a member of the OHA (Ontario Hospital Association), then you are eligible to join HOOPP.