HOOPP supports adequate retirement income for all Canadians. How do we define adequate? An individual’s replacement income in retirement is adequate when it is sufficient to cover food, shelter, and other basic needs.
While there are a variety of ways to achieve an adequate retirement income, we believe that the certainty of a defined benefit pension plan (DB), as provided by HOOPP, is the best option. Learn more about how HOOPP’s DB pension plan compares to alternative savings plans.