Learn how HOOPP is with you through each stage of your career and beyond

Welcome to HOOPP

With HOOPP, Ming’s bright future starts now.

Shortly after graduating, Ming was offered a job at a hospital in Toronto. As a new full-time employee, Ming was automatically enrolled into HOOPP and, if she continues working for HOOPP employers – whether at her current position, or at another employer that offers the Plan – she will build contributory service that will help her work toward a financially secure retirement.

See Your Future Now

When starting a new position, retirement is probably the last thing on your mind. But it’s exactly the right time to start planting roots for your future. The benefits of HOOPP are that it offers flexibility, portability and secure growth. And the sooner you join HOOPP, the more growth you can expect.

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Building my pension

Pension growth is something Naveen can appreciate.

Naveen decided to take a one-year personal leave to go back to school. During that time, he didn’t make any contributions to the Plan.

A month after Naveen returned to work, he decided to buy back the one year of service because he realized that the more contributory service you have, the bigger your pension will be.

Making Your Contributions Count

For every $1.00 you contribute, your employer contributes $1.26. And contributing for a leave or other unpaid period means you build more contributory service and ultimately a bigger HOOPP pension.

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Job Change

Sandra learns to build her service with a new HOOPP employer.

When HOOPP member, Sandra, moved from Toronto to Hamilton, she contacted HOOPP to find out if any healthcare organizations in the Hamilton region offered the Plan.

Sandra knew that, by linking her service with a new HOOPP employer, she would be adding to her contributory service to build a bigger benefit.

A Pension That Grows With You

There are more than 370 HOOPP healthcare employers across Ontario. Making it easy for members to grow their pension as they move from one HOOPP employer to the next.

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Life Changes

Beatrice doesn’t have to compromise.

With kids and elderly parents in the picture, Beatrice decided to cut back from working full-time to part-time in order to help out with her family.

Even though she was now a part-time member and had the option to continue contributing, Beatrice didn’t think twice about remaining a HOOPP member.

Her continued contributory service, after all, meant that when she did retire, she’d have a larger pension benefit – and a more secure retirement.

Your Pension Has Tremendous Flexibility

So whether you work full-time or part-time, HOOPP offers flexibility that can enhance your life before you retire.

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When can I retire?

Jean’s benefit is clearly defined.

After 25 years of working as an ER nurse, Jean was looking forward to retirement – and as a HOOPP member, she knew her pension would be there for her when she needed it.

A HOOPP pension was an effortless way for Jean to save for retirement without having to worry about making investment decisions – HOOPP’s experienced investment team has a mandate of providing members with a dependable source of retirement income.

Your Retirement on the Horizon

Choosing your retirement date is an important step. With a defined benefit plan, and the knowledge that your retirement income is secure, that step is an easy step to take.

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Retirement countdown

Marie learns that with HOOPP, it’s easy to make informed choices.

Mary would like to retire early - that is before the age of 65. If she retires before 60, with less than 30 years of eligibility service, her pension will be subject to early retirement reductions. By retiring at age 59 and with 18 years of service, Mary is eligible to receive 96.4% of the benefits she has built to date. However, at age 60, no reduction on early retirement is applied.

Retire on your terms

The later you retire, or the more eligibility service you have, the larger your pension will be. But whatever you decide, HOOPP is here to help you through the process.

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With you all the way

With HOOPP, I can build my retirement security.

For Rachel, her well-earned retirement has meant being able to enjoy life with the knowledge that she will receive her HOOPP pension for life. Whether it’s when she can expect her next monthly pension payment or what she needs to send in to change her banking information, Rachel can rest assured that HOOPP can answer her questions – whether it’s on hoopp.com, HOOPP Connect or by calling Client Services at 1-877-43HOOPP (46677).

Your life with HOOPP.

For HOOPP, service excellence is a top priority. At every single point of your membership with HOOPP, we will be there for you.

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