Learn about HOOPP’s 2018
Plan performance from our

President & CEO
Jim Keohane.

See our 2018 highlights The Plan remains fully funded despite a challenging year for the markets. HOOPP’s liability driven investing approach is designed to keep the Plan’s funded status stable over the long term. ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 Funded Status 0 20 40 60 80 100 120 140 102% 101% 103% 104% 114% 115% 122% 122% 122% 121% Learn more about our liability driven investing strategy In 2018, HOOPP improved benefits. We increased pensions and survivor benefits to give members more security and peace of mind when they retire. We rolled out enhanced online service on HOOPP Connect for our members using a new administrative platform that will help us manage costs and give us more flexibility. Our Board of Trustees approved a cost of living increase of 2% for retired and deferred members to help their pensions maintain their purchasing power. Our current contribution rates have been in place since 2004 and will remain the same until at least the end of 2020. 101,454 Retired members 31,484 Deferred members 224,330 Active members HOOPP had less than 10,000 members when it was founded in 1960. 152 Small healthcare 142 Hospitals 82 Service providers 65 Foundations 60 Community health centres 73 Family health teams
Learn more about our advocacy efforts. The findings show that there are five key drivers that make these types of plans the most efficient and affordable way to achieve a secure retirement. In our ongoing efforts to advocate for retirement security, we released a research report, The Value of a Good Pension, to support Canada-model pension plans like HOOPP. We will: HOOPP operates on a not-for-profit basis and is governed by a Board of Trustees. Each trustee has a fiduciary duty to act in the best interests of the Plan and its members. Learn more about HOOPP’s Board of Trustees Front row (left to right): R. Wayne Gladstone, Louis Rodrigues, Christine Chen, Karli Farrow, Jim Flett, Barry Wainstein Back row (left to right): Linda Clayborne, Laura DuMoulin, Linda Haslam-Stroud, Jon Clark, Gerry Rocchi, J. Cameron Nelson, Anthony Dale, Adrian Foster, Dan Anderson, Sharon Richer, Sandi Blancher

You asked.
We answered.

Our members asked us how HOOPP is preparing for the future.
President & CEO Jim Keohane answered their questions.

Jessica

How does HOOPP prepare for markets that are constantly going up and down?

Raj

How does HOOPP help people who are worried about retirement?

Peter

When HOOPP makes Plan improvements, are they shared with retired members?

Laura

How does HOOPP ensure my pension will be around in 25 years?

Irene

How is HOOPP preparing for baby boomers who are retiring?

Brenda

What is HOOPP doing to engage with younger members?

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