The Healthcare of Ontario Pension Plan (HOOPP) provides healthcare workers with a secure retirement by delivering on our pension promise to over 478,000 members across Ontario.
Our mission, vision and values provide clear direction, purpose and guiding principles for us as an organization as we work to achieve our 2030 Strategy. Our mission defines HOOPP’s core purpose and what we aim to achieve in the present, while our
vision outlines long-term aspirations and where we want to be in the future.
Mission
Our mission has remained unchanged since 2010: Delivering on our pension promise.
Vision
Our 2030 Strategic Plan introduces a new vision: Building a stronger financial future for the healthcare community.
Values
Our values serve as a compass, shaping HOOPP’s company culture and decision making.
Accountable
Take responsibility for delivering exceptional outcomes.
Compassionate
Show empathy and respect for each other and our members.
Trustworthy
Be honest, reliable and follow through on our commitments.
HOOPP's 2030 strategy
HOOPP’s strategic plan identifies where we want to be in 2030. The plan is anchored by three clear strategic pillars that build upon our strong foundation and position us to succeed in a rapidly changing world. It leverages our unique strengths
and provides us with a consistent set of goals to measure our success.
We will offer benefits and services that matter most to our members, with success measured by member satisfaction and a new value metric.
Value
The new metric will measure members’ perception of the value of both benefits and services provided by HOOPP.
We will adopt a total portfolio approach that allows us to maximize returns within a stated risk appetite, measured by real returns and funded status.
4.5–6.5%
long-term real returns
We will remain its pension plan of choice, providing a valued benefit, measured by growing membership and employers.
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.
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