HOOPP

About HOOPP

About HOOPP

Ensuring a healthy retirement future for Ontario's healthcare workforce

 

The Healthcare of Ontario Pension Plan (HOOPP) is a defined benefit (DB) pension plan that has been helping build the foundation for a financially secure retirement for Ontario’s healthcare workers. 

The reason HOOPP has been the leading defined benefit pension plan provider in the Ontario healthcare community is simple: the Plan is tailored to the healthcare sector and offers its members retirement income for life.

HOOPP members make regular contributions over the length of their career. When they retire, they receive a monthly income based on how much they earned and how many years they contributed. They will not outlive their pension.

At HOOPP, our driving purpose is to provide healthcare workers with a financially secure retirement. We manage all aspects of the HOOPP pension plan for healthcare workers; we not only administer the Plan but we also invest member and employer contributions into the HOOPP Fund to ensure that pensions can be paid now and into the future.

Our mission and values

Central to our goal of providing a stable and secure pension plan is our commitment to excellence that guides all aspects of our organization. In order to continue to be a leading pension plan provider in Canada, we have established a clear vision, mission and values to guide our performance.

> Learn more about HOOPP and the DB pension model
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Our mission and values

Central to our goal of providing a stable and secure pension plan is our commitment to excellence that guides all aspects of our organization. In order to continue to be a leading pension plan provider in Canada, we have established a clear vision, mission and values to guide our performance.

> Learn more about HOOPP and the DB pension model

Meet the HOOPP leadership team

Plan Performance

With more than $104 billion in assets, HOOPP is one of the largest DB pension plans in Ontario, and in Canada. Our proven strategy and track record of investment returns drive our plan performance, making HOOPP a leader among its global peers. HOOPP is fully funded which means it has more than enough assets to pay pension benefits owed to members today, and in the future.

> Learn more about our investments and performance

Plan Performance

With more than $104 billion in assets, HOOPP is one of the largest DB pension plans in Ontario, and in Canada. Our proven strategy and track record of investment returns drive our plan performance, making HOOPP a leader among its global peers. HOOPP is fully funded which means it has more than enough assets to pay pension benefits owed to members today, and in the future.

> Learn more about our investments and performance

What our members are saying

View more testimonials
  • "HOOPP is allowing me and my family to focus on our lives without financial fear of the future. I am comfortable and content to let the good people at HOOPP do what they do best."
    Dave Eagan, HOOPP member
  • "I blinked, and suddenly I was 51. In this current fiscal climate, I know I am truly blessed to have a defined benefit plan like HOOPP. Bring on the painting, the photography, the gardening, hiking and dinner parties!"
    Janet Valcourt, HOOPP member
  • "Being a member of HOOPP is an effortless aspect of my life that makes me feel very responsible. When people ask why I’m not worried about retirement and I tell them it’s taken care of, they think I must be a financial guru. Nope, I’m just a HOOPP member!"
    Beth Charron, HOOPP member

Advocacy and retirement security

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DB Pensions

HOOPP and other DB pension plans help Canadians retire with peace of mind, and add billions of dollars to the Canadian economy.
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DB Research

As a thought leader, we conduct research to provide fact-based evidence that demonstrates DB plans deliver retirement income security.
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DB Pensions

HOOPP and other DB pension plans help Canadians retire with peace of mind, and add billions of dollars to the Canadian economy.
generic_hoopp

DB Research

As a thought leader, we conduct research to provide fact-based evidence that demonstrates DB plans deliver retirement income security.
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.