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  • Payment Schedule

    Your regular pension payments

    To fully enjoy your retirement, you need to be able to rely on regular pension payments.

    What day are my pension payments made?

    HOOPP pensions are normally paid on the first business day of each month.

    What if the first day of the month falls on a weekend?

    Where the first falls on a weekend or holiday, HOOPP will make the deposit on the last business day of the previous month (except for January, for tax reasons, January pension deposits cannot be made in December).

    • January - January 1, 2016
    • February - February, 1, 2016
    • March - March 1, 2016
    • April - April 1, 2016
    • May - April 29, 2016
    • June - June 1, 2016
    • July - June 30, 2016
    • August - July 29, 2016
    • September - September 1, 2016
    • October - September 30, 2016
    • November - November 1, 2016
    • December - December 1, 2016

    What if I live or bank outside of Ontario?

    If you are a Canadian resident who lives outside of Ontario, the deposit of your pension payment may be affected by other provincial or territorial holidays if they fall on the first of the month. The same applies if the home branch of your financial institution is in a province or territory outside of Ontario.

    What If I live outside of Canada?

    HOOPP makes direct deposits to Canadian bank accounts only. If you live outside Canada and don't use a Canadian bank account, you will receive your pension cheque by mail. The time it takes to deliver mail from Canada varies from country to country.