HOOPP early retirement table
HOOPP is designed to provide a pension at 60 or with 30 years of eligibility service. HOOPP’s retirement table shows how by gaining a year of eligibility service or age, you’ll receive a better early retirement adjustment and, therefore, a
larger overall pension.
Find where you land on the retirement table to see how retiring at
different ages with different years of eligibility service could impact your pension.
Eligibility service (completed years)
Attained age (in years)
Eligibility service (completed years) | Attained age (in years) |
---|
| Age 55 | Age 56 | Age 57 | Age 58 | Age 59 | Age 60+ |
14 or less | 70.0% | 76.0% | 82.0% | 88.0% | 94.0% | 100% |
15 | 77.5% | 82.0% | 86.5% | 91.0% | 95.5% | 100% |
16 | 79.0% | 83.2% | 87.4% | 91.6% | 95.8% | 100% |
17 | 80.5% | 84.4% | 88.3% | 92.2% | 96.1% | 100% |
18 | 82.0% | 85.6% | 89.2% | 92.8% | 96.4% | 100% |
19 | 83.5% | 86.8% | 90.1% | 93.4% | 96.7% | 100% |
20 | 85.0% | 88.0% | 91.0% | 94.0% | 97.0% | 100% |
21 | 86.5% | 89.2% | 91.9% | 94.6% | 97.3% | 100% |
22 | 88.0% | 90.4% | 92.8% | 95.2% | 97.6% | 100% |
23 | 89.5% | 91.6% | 93.7% | 95.8% | 97.9% | 100% |
24 | 91.0% | 92.8% | 94.6% | 96.4% | 98.2% | 100% |
25 | 92.5% | 94.0% | 95.5% | 97.0% | 98.5% | 100% |
26 | 94.0% | 95.2% | 96.4% | 97.6% | 98.8% | 100% |
27 | 95.5% | 96.4% | 97.3% | 98.2% | 99.1% | 100% |
28 | 97.0% | 97.6% | 98.2% | 98.8% | 99.4% | 100% |
29 | 98.5% | 98.8% | 99.1% | 99.4% | 99.7% | 100% |
30 + | 100% | 100% | 100% | 100% | 100% | 100% |
This document provides a simplified overview of HOOPP's benefits based on the terms of the HOOPP Plan Text at the time of publication. From time to time, HOOPP may amend the HOOPP Plan Text. In cases where the information provided in this document differs from that contained in the HOOPP Plan Text, the HOOPP Plan Text will govern. More details, including the full HOOPP Plan Text and a complete description of the Plan and its benefits, can be found on hoopp.com.
What can we help you find?