MY PENSION
How does my pension work?
More than 270,000 healthcare workers across Ontario can rely on their HOOPP pension, without having to worry about investment decisions.
The longer a member belongs to HOOPP, the larger that member’s pension will be. HOOPP's defined benefit formula takes into account a member’s best five consecutive years of earnings and length of service in the Plan.
Since its creation in 1960, HOOPP has been helping to build the foundation for financially secure retirements for pensioners like Patricia Moe.
Whenever anyone asks me if I am worried financially about the future, I tell them no – HOOPP takes care of me. I am so blessed to be able to live my retirement worry free.
Patricia Moe
To learn more about the specifics of your pension, click on any of the following links.
» Building my pension» Changes and Leaves» Taxes» Bridge Benefit» Inflation protection» Survivor benefits
