We know this is an extremely challenging time for the healthcare community as you work tirelessly to serve your communities during the COVID-19 outbreak. On behalf of all of us at HOOPP, we would like to express our gratitude for your service.

Whether you are currently working, or are a retired or deferred member with past service, please know that your pension is secure.

While COVID-19 has had considerable impact on financial markets and the economy, HOOPP has a strong track record of weathering market volatility and downturns. As a pension delivery organization, we invest for the long-term and have a large and diversified portfolio. Our talented investment team is skilled at adapting our strategies to changing markets.

This serves us very well in delivering on the pension promise, even through market uncertainty.

HOOPP is also in a position of strength thanks to our 2019 results, which we announced today. Our annual return was 17.14% and we grew our assets to $94.1 billion from $79.0 billion the year before. You can read more about our results in the 2019 Year in Review.

Finally, we would like to remind you that HOOPP continues to operate effectively during this public health crisis. We have taken precautions to safeguard our staff while ensuring we can still serve our members. You can find more information here.

Our Member Services team can be reached at (416) 646-6445 or 1-877-43-HOOPP(46677), Monday to Friday, 8:00 a.m. to 5:00 p.m. HOOPP Connect also remains available with detailed information about your pension, when and where you need it.

Again, thank you for service. We see your commitment and it is truly inspiring.

Jim Keohane
President & CEO

Jeff Wendling
Executive Vice President & Chief Investment Office
(incoming President & Chief Executive Officer as of April 1, 2020)